Rental market snapshot for Lyon Village, Arlington

Lyon Village rental market summary

The rental market in Lyon Village, Virginia is showing signs of growth. In July 2023, there were 43 new listings, a 7.0% increase from the previous month. This suggests that the rental market is becoming more active and that more people are looking for rental properties in the area. The median rent in July 2023 was $3,200, a 3.6% increase from the same time last year. This indicates that rental prices are increasing, likely due to the increased demand for rental properties in the area.

Overall, the rental market in Lyon Village, Virginia is showing signs of growth. With more listings and increasing rental prices, it is becoming an attractive option for those looking for rental properties in the area. With the continued growth of the rental market, it is likely that the area will continue to be a desirable place to live for renters.

Median rent for all residential properties in Lyon Village

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

The most expensive listings and top trending buildings in Lyon Village

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

Bedroom Breakdown in Lyon Village

Studio
$2,387
MEDIAN RENT
1 Bedroom
$3,078
MEDIAN RENT
2 Bedroom
$4,056
MEDIAN RENT

Lyon Village neighborhood apartments rents

The rental market for studios in Lyon Village, Virginia is showing signs of improvement in July 2023. There was only one new studio listing in July, but the median rent decreased by 9.2% from June 2023 to July 2023, from $2,629 to $2,387. This suggests that the rental market is becoming more competitive, with landlords offering lower rents to attract tenants. This could be a sign of a healthier rental market in the future.

The rental market for 1-bedroom apartments in Lyon Village, Virginia is showing signs of growth. In June 2023, there were 4 new 1-bedroom listings, a 13.2% increase in median rent from May 2023 to June 2023, and a median rent of $3,078. This indicates that the rental market is becoming more competitive and that demand for 1-bedroom apartments is increasing.

The rental market for 2-bedroom apartments in Lyon Village, Virginia is showing signs of improvement. In July 2023, there were two new listings, and the median rent decreased by 6.3% from June 2023 to July 2023, from $4,331 to $4,056. This suggests that the rental market is becoming more competitive, and renters may be able to find better deals in the area.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Lyon Village is $3,200.
Made withDataherald