Annandale has one of the highest rent increases in the DMV
Rent increases in Annandale are among the highest in the Washington, D.C., region. According to a report by Redfin, the median rent in Annandale was $1,984 in September, an 18.8 percent increase from September 2023.
Only two jurisdictions had higher increases – Laurel, Md. (23.2 percent) and Oakton (19.1 percent). Seven Corners had the 11th highest rent increase, at 14.7 percent.
The median rent is $1,984 in Annandale and $2,001 in Seven Corners.
According to Redfin, the Washington, D.C, region had the steepest rent increase between September 2023 and September 2024 – 12 percent – among the nation’s 50 biggest metropolitan areas. The median rent in the DMV is $2,088.
According to Apartments.com, one-bedroom units at the Vistas of Annandale are available for $1,948 to $2,048, depending on the floor plan. A one-bedroom apartment at the Parliaments in Annandale is $1,923 to $2,585 a month.
Fairmont Gardens in Annandale is advertising a one-bedroom apartment starting at $1,452 a month for a 15-month lease and $1,699 for a 12-month lease.
The big rent increases in the D.C. region are driven by a strong local economy, strong income growth, and the rise of home prices, according to Lisa Sturtevant of Bright MLS as quoted in the Washington Post. Potential homebuyers priced out of the market are turning to rentals.
The Rental Housing Complex Analysis 2023 by the Fairfax County Department of Management and Budget reports an apartment vacancy rate of 4.8 percent in Mason District, compared to a countywide average of 6 percent.
Among the county’s planning districts, Annandale had the highest vacancy rate at 9.5 percent in 2023. The vacancy rate was 4.5 percent in the Bailey’s Planning District and 3.9 percent in Lincolnia.
Clearly affordable & thus desirable with cost conscious people given an “apartment vacancy rate of 4.8 percent in Mason District, compared to a countywide average of 6 percent.” Wonder how much of the increases are due to the county real estate taxes (rate) being passed through because of the insatiable demand of the Board of Supervisors for new efforts. It would be great if the Board of Supervisors focused on core services (police, fire, trash pickup, schools, etc) and applied real scrutiny for effectiveness and efficiency of those services and other county efforts. If the Board did that, we could get much more for our $3.7 billion (2023 budget) in taxes they spend. I’m not holding my breath for that, but do watch and vote.
Here is the 2025 pie chart of expenditures:
https://www.fairfaxcounty.gov/budget/sites/budget/files/Assets/Documents/fy2025/adopted/overview/Pie%20Chart%20Where%20it%20Goes.pdf
Where do you want to cut?
At least 65% goes towards what you call “core services” Isn’t that enough focus?
Aren’t you really just calling to defund the rest of what the county does? So, cut the parks, libraries, metro, and health and welfare stuff?
The “cut where?” premise has been offered up in this news space before. It’s a red herring distraction from what governments will generally move to in budget-stressed times – that is apply across the board x% decrements. When the term “defund” enters the discussion…it’s is a great example of trying to obfuscate a realistic budget approach.
JTR, I think you are too critical of our hardworking and scrupulous Fairfax County Supervisors.
While I don’t have all the facts in front of me, I understand the Supervisors’ decision to build a COVID-19 Pandemic Memorial on the grounds of the Fairfax County Government Center is being carried out in accordance with the principles of good governance, and is expected to become one of Fairfax County’s most popular tourist attractions in the near future; if it isn’t already.
The Supervisors are A#1 in my book.
Agree – every feel-good action the BoS takes is taken only after closely listening to Board meeting speakers, carefully evaluating the offered points and giving very deliberate consideration to how the feel-good action provides a material improvement to County citizens, County employees and County business owners.
I’m sorry but a memorial won’t pay for my increased grocery bills, my increased rent. It won’t pay for my safety living next door to a crime ridden neighborhood.
Pull yourself up by your bootstraps!
The Parliaments now have you pay for all utilities. I don’t have an issue with that because I have lived in many complexes where you do pay. The issue here is that we cannot control the heat or a/c. We are charged for sewer and water. When I inquired with the company that issues our bills I was told the sewer charge is for ANY water going out of the complex. She stated that it’s anytime the toilets are flushed and the laundry room. The laundry room is nasty with many machines not working. Many residents are using nearby laundry mats instead. I can conserve my usage but not when they have decided everyone is my vertical row of apartments will split the total of the bill for the 9 rows of apartments. You cannot budget because you don’t know what the charges will be. We are paying for a month or two ago. The neighborhood and shopping center is dangerous day and night. Many in my building are handicap or elderly.
I lived in the Parliaments from 2002-2017 in a 1 br in the hi rise. It was $975 in May ’02 and $1500.00 in May ’17. So in 7 years it has risen almost as much in the preceding 15 yrs
Unfortunately, it is true that a dollar has significantly decreased in value and buys much less than it used to.
Also unfortunately, our Supervisors are strong supporters of Property Developers and Managers, and allow them to price gouge the good people of Fairfax County, and especially, Mason District.
That is why I am hoping to vote for elected officials who are willing to crack down on the price gougers who make life so difficult for those who are less fortunate.
Hello.
Good cheer to all on this beautiful day!!!!!
Good luck 🙂