Management and Budget

CONTACT INFORMATION: Our office is open 8:00 AM - 4:30 PM M-F
703-324-2391 TTY 711
12000 Government Center Parkway Suite 561
Fairfax, VA 22035-0074
Philip A. Hagen
Director

2024 Rental Housing Complex Analysis Released

The 2024 Rental Housing Complex Analysis provides summary-level data on various rental housing topics including the inventory of rental units, vacancy rate, square footage and monthly rental costs. This information is frequently used for cost-of-living analysis, housing eligibility and other purposes. In addition, the For Rent interactive visualization highlights key findings related to living costs and affordability. 

Compared to 2023, the 2024 report shows a 2.7% increase in the total rental inventory, including a 6.5% growth in subsidized complex units across the county. The vacancy rate decreased by 1.6% to 4.4%, and the average monthly rent (excluding rent subsidies) increased by 3.6% to $2,092. The annual Rental Housing Complex Analysis and the visualization are prepared by the Economic, Demographic, and Statistical Research (EDSR) Unit within the Department of Management and Budget. For specific information or answers to questions, email DMBInfo@fairfaxcounty.gov. For previous years’ reports, visit Reports | Demographics (fairfaxcounty.gov). 

 

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