Real Estate
How Falls Church Rent Prices Increased Over Last Year: July Update
The percentage increases for rent since last year were higher for studios than larger units, according to Rent.com's listings.
FALLS CHURCH, VA — Summer is usually the peak season for moving in and out of rented apartments as college graduates advance to new jobs and families move to new school districts. Renters looking for a place in the Baltimore-Washington region this summer will find year-over-year prices have increased, according to data from listing website Rent.com.
The year-over-year analysis looks at rent price trends for studios, one bedrooms, two bedrooms and three bedrooms. A spokesperson for Rent.com noted the rent price comparisons show which unit types and which cities are becoming more affordable or expensive for renters. Average prices are up to date as of July 12.
Rent prices have increased over the last year in Falls Church for studios, one bedrooms and two bedrooms but not three bedrooms. The most pronounced change was for studios, with the average price of $1,540 (23 percent increase) based on real-time data from Rent.com listings.
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The increases were less pronounced for larger units. The average prices of a one bedroom and two bedroom on Rent.com went up 5 percent — $1,818 and $2,125, respectively. However, the three bedroom average on Rent.com went down 8 percent to $2,505.
Here are the highest year-to-year percentage increases among communities in the DC-Baltimore metro area, based on Rent.com's real-time data:
Find out what's happening in Falls Churchfor free with the latest updates from Patch.
Studios
- Columbia, Maryland: $2,550, 44 percent increase
- Falls Church, Virginia: $1,540, 23 percent increase
- Baltimore, Maryland: $1,628, 22 percent increase
- Towson, Maryland: $1,550, 20 percent increase
- Fairfax, Virginia: $2,082, 18 percent increase
One bedrooms
- Reston, Virginia: $2,617, 19 percent increase
- Manassas, Virginia: $1,947, 18 percent increase
- Frederick, Maryland: $1,767, 17 percent increase
- Towson, Maryland: $1,797, 16 percent increase
- Bethesda, Maryland: $2,458, 14 percent increase
- Fairfax, Virginia: $2,157, 14 percent increase
Two bedrooms
- Gaithersburg, Maryland: $2,612, 41 percent increase
- Frederick, Maryland: $2,038, 29 percent increase
- Manassas, Virginia: $2,233, 19 percent increase
- Fairfax, Virginia: $2,663, 18 percent increase
- Rockville, Maryland: $2,730, 15 percent increase
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