Rental market snapshot for Waverly Hills, Arlington
Waverly Hills rental market summary
The rental market in Waverly Hills, Virginia is showing signs of growth. In July 2023, there were 44 new listings, a significant increase from the previous month. The median rent also increased from $2,620 in June 2023 to $2,569 in July 2023, representing a 1.9% increase. This is a positive sign for the rental market in Waverly Hills, Virginia.
The rental market in Waverly Hills, Virginia has seen a significant increase in the past year. The median rent in July 2023 was $2,569, a 26.7% decrease from the median rent of $3,504 in July 2022. This suggests that the rental market in Waverly Hills, Virginia is becoming more affordable and attractive to potential renters.
Median rent for all residential properties in Waverly Hills
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The most expensive listings and top trending buildings in Waverly Hills
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
2105 N Glebe Rd | $4,205 | 4 / 3.5 |
1924 N Woodley St | $4,200 | 3 / 4.0 |
2105 N Glebe Rd | $3,935 | 2 / 2.0 |
2041 N Glebe Rd | $3,750 | 3 / 3.5 |
2105 N Glebe Rd | $3,374 | 2 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Gables Residential | $1,775 |
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Bedroom Breakdown in Waverly Hills
Waverly Hills neighborhood apartments rents
The rental market for studios in Waverly Hills, Virginia is relatively stable. In June 2023, there were 3 new studio listings, and the median rent for studios was $1,772, which is only a .1% increase from the median rent in May 2023. This indicates that the rental market for studios in Waverly Hills is not experiencing any significant changes in pricing.
The rental market for 1-bedroom apartments in Waverly Hills, Virginia is showing signs of growth. In July 2023, there were 3 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $2,340, a 13.5% increase from the median rent in June 2023 of $2,062. This suggests that the rental market in Waverly Hills is becoming more competitive, with landlords able to increase their asking prices.
The rental market for 2-bedroom apartments in Waverly Hills, Virginia is showing signs of stability. In July 2023, there were 9 new 2-bedroom listings, and the median rent for 2-bedroom apartments remained relatively unchanged from June 2023, with a 1.2% decrease. This suggests that the rental market for 2-bedroom apartments in Waverly Hills is stable and that renters can expect to find a variety of options at a reasonable price.