Fairfax, VA has a population of 23,620, including 61% white, 17% latino, and 16% asian.
Population | 23,620 |
Median Age | 39.6 |
Poverty Rate | 6% |
Household Income | $104,065 |
Number Of Employees | 12,724 |
Median Property Value | $487,700 |
The median household income in Fairfax, VA is around $104,065, while the median age is 39.6. This city is a home to major universities: n/a, n/a, and n/a. 12,724 employees work in Fairfax, VA. The homeownership rate among the residents is 70.69%. The median property value that you should keep in mind is $487,700.
Rent Price |
May | vs Last Month |
---|---|---|
Studio apartments | $2,195 | -5.9% |
1-bed apartments | $2,077 | -5.8% |
2-bed apartments | $3,023 | +7.7% |
3-bed apartments | $3,885 | +26.9% |
4+ bed apartments | $3,098 | -3.2% |
Over the May 2023, the average rent for an apartment in/near Fairfax, VA increased by 3.4% to $2,696.
Compared to the last month, the average price for a rental studio in Fairfax, VA has decreased by 5.9%. You can expect to rent the studio for $2,195 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 5.8% to $2,077. Pricing for 2-bed apartment also increased by 7.7% and a place of this size will now cost you $3,023. 3-bed apartment rent pricing starts at $3,885, it increased by 26.9% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 3.2% and made it down to $3,098.
Rent Type Price |
May | vs Last Month |
---|---|---|
Houses for rent | $3,131 | +27.8% |
Condos for rent | $2,500 | +66.7% |
Apartments for rent | $2,658 | -5.1% |
Townhouses for rent | $850 | N/A |
The median rent for an apartment in Fairfax, VA decreased by 5.1% to $2,658. Statistics show that house rent price increased by 27.8% this month making it up to $3,131. Condos faced an upward trend these days. The median rent for a condo increased by 66.7%, it’s now available for $2,500. If you’re looking for a room, the price tag still starts at $1,100. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at $850.