Average Rent in Ballston - Virginia Square, Arlington, VA

Current Versus Historical Ballston - Virginia Square, Arlington, VA Rents

Ballston - Virginia Square rentals average $2,715 for a 1-bedroom rental to $4,640 for a 4-bedroom rental. The median price of all currently available listings is $3,865, or roughly $4 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $208 (8.60%) year-over-year from $2,418 to $2,626. 1-bedroom rentals prices have increased by $550 (22.01%) year-over-year from $2,499 to $3,050. 2-bedroom rentals prices have increased by $935 (25.37%) year-over-year from $3,685 to $4,620. 3-bedroom rentals prices have increased by $533 (13.45%) year-over-year from $3,967 to $4,500. 4-bedroom rentals prices have decreased by $603 (-11.87%) year-over-year from $5,083 to $4,480. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 12.67% this month. 1-bedroom rents have gone up by 8.68% this month. 2-bedroom rents have gone up by 10.50% this month. 3-bedroom rents have gone up by 7.36% this month. 4-bedroom rents have gone down by 12.04% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $4.00 $3,050 $2,499 (22.01%) $2,254 (35.27%)
2 BR $3.55 $4,620 $3,685 (25.37%) $3,240 (42.61%)
4+ BR $2.36 $4,480 $5,083 (-11.87%) $5,155 (-13.09%)

Historical Rents in Ballston - Virginia Square, Arlington, VA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Ballston - Virginia Square

There are a total of 6 cities nearby Ballston - Virginia Square. The average rent in Ballston - Virginia Square is currently $2,551 per month. A total of 6 cities nearby have an average rent lower than that. Our records show that Silver Spring, MD, with an average rent of $2,179, is the most affordable city nearby. In contrast, the most expensive city near Ballston - Virginia Square, Arlington, VA is Bethesda, MD. Monthly rents here are on average $3,560 per month.

Let's compare Ballston - Virginia Square, Arlington, VA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Ballston - Virginia Square, Arlington, VA is inf% more affordable than other cities nearby. One bedrooms are about 16.34% more expensive. Two bedrooms in Ballston - Virginia Square, Arlington, VA are about 22.11% more expensive. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 6 cities near Ballston - Virginia Square, Arlington, VA in the following chart.
City Studio 1 Bed 2 Bed All
Silver Spring, MD $1,759 $2,096 $2,782 $2,179
Alexandria, VA $1,733 $1,874 $2,500 $2,230
Lincolnia, VA N/A $2,028 $2,558 $2,447
Arlington, VA $2,172 $2,447 $3,316 $2,654
Washington, DC $2,183 $2,591 $3,786 $2,976
Bethesda, MD $2,178 $2,655 $3,560 $3,560

Top Neighborhoods Near Ballston - Virginia Square

There are a total of 2 neighborhoods in or near Ballston - Virginia Square. We've included all of these top 2 neighborhoods in or near Ballston - Virginia Square, Arlington, VA in the following chart.

The average rent for these 2 neighborhoods in or near Ballston - Virginia Square, Arlington, VA is currently around $2,963 per month. A total of 2 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Ballston - Virginia Square, Logan Circle - Shaw has the most affordable average rent at $2,950 per month. Whereas, at $2,975 average rent per month, Columbia Heights is the most expensive neighborhood in or near Ballston - Virginia Square. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Logan Circle - Shaw, Washington, DC N/A $2,794 $3,994 $2,950
Columbia Heights, Washington, DC $2,195 $2,558 $4,000 $2,975

Top Counties Near Ballston - Virginia Square

There are a total of 2 counties located by Ballston - Virginia Square, Arlington, VA. Some of these counties include Alexandria, VA, Arlington, VA, and Fairfax, VA. The average rent for rentals in these counties is $2,701. That's roughly around $3 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Alexandria, VA. It's average rent per month is $2,230. Vice versa, with an average rent of $2,976, District of Columbia, DC is the most expensive county by Ballston - Virginia Square, Arlington, VA.

Typically, rent for studios in Ballston - Virginia Square, Arlington, VA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Ballston - Virginia Square, Arlington, VA is 17.62% more expensive than other counties nearby. Finally, rent for two bedrooms in Ballston - Virginia Square, Arlington, VA is 24.71% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Alexandria, VA $1,733 $1,874 $2,500 $2,230
Arlington, VA $2,172 $2,447 $3,316 $2,654
Fairfax, VA $1,886 $2,027 $2,578 $2,748
District of Columbia, DC $2,183 $2,591 $3,786 $2,976

Top Zipcodes Near Ballston - Virginia Square

There are a total of 11 zipcodes in or near Ballston - Virginia Square, Arlington, VA. The average rent for all of these zipcodes is $2,675. A total of 11 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 22311, Alexandria, VA at $2,022 per month. In comparison, the zipcode with the most expensive average rent of $3,375 per month is 20002, Washington, DC.

Studios in these zipcodes have an average rent of $1,777. That's at least $4 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Ballston - Virginia Square, Arlington, VA is $2,310 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,167 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in Ballston - Virginia Square, Arlington, VA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
22201, Arlington, VA $1,915 $2,439 $3,500 $2,504
22311, Alexandria, VA N/A $1,799 $2,182 $2,022
22202, Arlington, VA $2,330 $2,310 $3,113 $2,860
20008, Washington, DC $1,757 $2,304 $3,167 $2,348
20005, Washington, DC $1,777 $2,782 $4,136 $2,817
20009, Washington, DC $2,215 $2,558 $4,336 $2,675
20001, Washington, DC $2,075 $2,480 $3,785 $2,950
22312, Lincolnia, VA N/A $2,028 $2,558 $2,448
22314, Alexandria, VA $1,733 $2,219 $3,093 $2,800
20002, Washington, DC $2,055 $2,597 $3,692 $3,375

Frequently Asked Questions - Ballston - Virginia Square Average Rents

What is the average rent price in Ballston - Virginia Square, Arlington, VA?
The average monthly rental price for Ballston - Virginia Square, Arlington, VA apartments for rent is approximately $3,865. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Ballston - Virginia Square, Arlington, VA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Ballston - Virginia Square, Arlington, VA.
How much is a studio apartment in Ballston - Virginia Square, Arlington, VA?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Ballston - Virginia Square.
How much is a one bedroom apartment in Ballston - Virginia Square, Arlington, VA?
The average monthly rental price for one bedroom apartments is $2,715 and an average price per square feet of $4.00. There are a total of 9 one bedroom apartment listings currently available for rent in Ballston - Virginia Square.
How much is a two bedroom apartment in Ballston - Virginia Square, Arlington, VA?
The average monthly rental price for two bedroom apartments is $3,914 and an average price per square feet of $3.55. There are a total of 8 two bedroom apartment listings currently available for rent in Ballston - Virginia Square.
How have rent prices in Ballston - Virginia Square, Arlington, VA changed this year?
Rent prices for rentals in Ballston - Virginia Square, Arlington, VA can fluctuate yearly. Specifically, studio rental prices have changed by 0.09%, one bedroom rental prices have changed by 0.22%, two bedroom rental prices have changed by 0.25%, and three bedroom rental prices have changed by 0.13% year-over-year.
What is a reasonable rent price in Ballston - Virginia Square, Arlington, VA?
A reasonable rent price in Ballston - Virginia Square, Arlington, VA is around $3,092/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast