Rental market snapshot for Radnor-Ft Myer Heights, Arlington

Radnor-Ft Myer Heights rental market summary

The rental market in Radnor-Ft Myer Heights, Virginia is showing signs of stability. In July 2023, there were 188 new listings, indicating that the market is still active. The median rent for the same period was $2,603, a slight decrease of .6% from the previous month. However, when compared to the same period in 2022, the median rent has increased by 7.2%, indicating that the market is slowly recovering from the effects of the pandemic.

Overall, the rental market in Radnor-Ft Myer Heights, Virginia is showing signs of improvement. With a steady influx of new listings and a gradual increase in median rent, the market is slowly returning to pre-pandemic levels. This is good news for both landlords and tenants, as it indicates that the market is stabilizing and that rental prices are slowly increasing.

Median rent for all residential properties in Radnor-Ft Myer Heights

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The most expensive listings and top trending buildings in Radnor-Ft Myer Heights

Most Expensive Listings

AddressRent PriceBed / Bath
1520 16th Ct N$6,7003 / 3.5
1615 N Queen St$5,5002 / 2.0
1351 N Rolfe St$4,8602 / 2.0
1510 Clarendon Blvd$4,5752 / 2.0
1919 Clarendon Blvd$4,4052 / 3.0

Top Trending Buildings

building nameavg rent price
Gables Residential$2,678
AIMCO$2,591
Elme Communities$2,466
Cortland Partners$2,315
Akelius Real Estate Management LLC$2,300

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Bedroom Breakdown in Radnor-Ft Myer Heights

Studio
$2,615
MEDIAN RENT
1 Bedroom
$2,485
MEDIAN RENT
2 Bedroom
$3,730
MEDIAN RENT

Radnor-Ft Myer Heights neighborhood apartments rents

The rental market for studios in Radnor-Ft Myer Heights, Virginia, is showing signs of growth. In July 2023, there were 3 new studio listings, indicating an increase in demand for rental units. The median rent for studios in July 2023 was $2,615, a 3.0% increase from the median rent in June 2023 of $2,540. This suggests that the rental market for studios in Radnor-Ft Myer Heights is becoming more competitive, with landlords likely raising their prices to capitalize on the increased demand.

The rental market for 1-bedroom apartments in Radnor-Ft Myer Heights, Virginia is relatively stable. In July 2023, there were 37 new 1-bedroom listings, with a median rent of $2,485. This is only a slight decrease of .4% from the median rent of $2,495 in June 2023. Overall, the rental market for 1-bedroom apartments in Radnor-Ft Myer Heights is relatively steady and consistent.

The rental market for 2-bedroom apartments in Radnor-Ft Myer Heights, Virginia is showing signs of growth. In July 2023, there were 12 new 2-bedroom listings, indicating an increase in demand for rental units. The median rent for 2-bedroom apartments in July 2023 was $3,730, a 5.0% decrease from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 2-bedroom apartments in Radnor-Ft Myer Heights, Virginia is showing signs of growth and increased competition.

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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 Radnor-Ft Myer Heights is $2,603.
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