How Manassas's Rent Prices Changed In The Last Year: Listing Site

MANASSAS, VA — Just as property values are going up for homes in Manassas, the same is happening for rent prices. According to data from Rent.com, average rent prices are increasing in Manassas at a higher rate than other D.C. area communities.

Rent prices are increasing at high rates as demand outpaces supply, as reported by the Washington Post. Pandemic-related delays of constructing new homes and rentals is a contributing factors, and experts believe the situation will worsen due to increasing mortgage rates motivating more people to rent.

Rent.com, which lists apartments and other rentals from various listing sites, calculated average rents for studio, one-bedroom, two-bedroom and three-bedroom rentals. Average prices are up to date for the beginning of May.

For Manassas, the average studio rental costs $2,241, which is a 15 percent increase over the previous year. The $1,916 average for a one bedroom is up 25 percent, while the average $2,109 for a two bedroom is up 23 percent. An average three bedroom costs $3,437, a 63 percent increase.

Compared to other northern Virginia communities, Manassas's rent increases are among the steepest in the region. In DC, a studio costs an average $1,942, which is a 22 percent increase from the last year. However, changes vary by neighborhood, as Dupont Circle studio prices increased 70 percent to $2,236. Some neighborhoods' average prices did not increase, such as Mount Pleasant ($1,317), Petworth ($1,279) and Brightwood ($1,200).

In DC, the average one bedroom costs $2,425, an 18 percent increase from the last year. Based on the availability of listings, two bedroom and three bedroom prices increased by 10 percent to $3,207 and $3,075, respectively.

Here are the highest percentage increases among communities in the DC-Baltimore metro area, based on Rent.com listings:

Studios

• Glen Burnie: $1,616 average, 71 percent increase
• Ashburn: $2,377 average, 43 percent increase
• Columbia: $2,365 average, 40 percent increase
• Annapolis: $2,294 average, 47 percent increase
• Baltimore: $1,583 average, 30 percent increase

One bedrooms

• Germantown: $2,047 average, 27 percent increase
• Manassas: $1,916 average, 25 percent increase
• Gaithersburg: $2,005 average, 24 percent increase
• Annapolis: $2,461 average, 20 percent increase
• Frederick: $1,686 average, 18 percent increase

Two bedrooms

• Gaithersburg: $2,439 average, 38 percent increase
• Catonsville: $1,907 average, 31 percent increase
• Bethesda: $3,365 average, 24 percent increase
• Manassas: $2,109 average, 23 percent increase
• Germantown: $2,145 average, 22 percent increase

Three bedrooms

• Manassas: $3,437 average, 63 percent increase
• Fredericksburg: $2,377 average, 23 percent increase
• Woodbridge: $2,013 average, 20 percent increase
• Fairfax: $2,990 average, 17 percent increase
• Laurel: $2,348 average, 17 percent increase

See more data on rent prices for the DC region from Rent.com here.