Arlington County, Virginia Housing Market

In Arlington County, Virginia, the median home value is $895,000, with a median monthly rent of $2,322. This places Arlington County at #19 nationally out of 3134 counties by median home value, and #2 within Virginia.

Median Home Value $895,000
Median Rent $2,322/mo
Owner Occupancy 41.3%
Price/Rent Ratio 32.1

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Arlington County rose +1.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

142,571
jobs (private sector)
  • Avg weekly wage: $2,547
  • Establishments: 9,322
  • BLS QCEW, 2025
🏗️

Housing Supply

1,309
new units authorized (2025)
  • Single-family: 224
  • Multi-family: 1,085
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+3815
net migration (filers, 2021-2022)
  • Inflow: 109,920 (avg $166,147)
  • Outflow: 106,105 (avg $173,600)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 9 active ZIP codes in Arlington County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 22101 317.4 -1.54% 2025
2 22206 401.6 +13.48% 2025
3 22203 374.1 +6.63% 2025
4 22205 368.9 +4.86% 2025
5 22201 374.8 +3.04% 2025
6 22204 364.4 -0.81% 2025
7 22207 327.8 -1.61% 2025
8 22202 328.3 +1.05% 2025
9 22213 328.5 — 2024

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Arlington County Compares

MetricArlington CountyVirginia AverageU.S. Average
Median Home Value $895,000 $295,807 $227,706
Median Gross Rent $2,322 $1,169 $968
Owner Occupancy Rate 41.3% 70.8% 73.3%
Price/Rent Ratio 32.1 20.3 18.7

Market Analysis

The median home value in Arlington County is 202.6% above the Virginia state average and 293.1% above the U.S. national average. The median rent of $2,322/month is 98.6% above the state average.

With a price-to-rent ratio of 32.1, Arlington County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Arlington County has an owner-occupancy rate of 41.3%, compared to 70.8% in Virginia and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Honolulu County Hawaii $897,500 $2,083
Maui County Hawaii $904,700 $1,916
Kings County New York $905,000 $1,833
Kauai County Hawaii $873,200 $1,870
Napa County California $869,500 $2,237

Other Counties in Virginia

CountyMedian Home ValueMedian RentOwner Occ.
Loudoun County $743,800 $2,386 77.9%
Alexandria city $735,100 $2,089 42.1%
Falls Church city $1,055,600 $2,190 52.5%
Fairfax County $732,800 $2,276 68.6%
Fairfax city $722,600 $2,245 69.9%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).