$2,050 Per Month
- 1 Bed
- 1 Bath
- 651 Sq Ft
- Condo for Rent
206 N George Mason Dr Unit 1, Arlington, VA 22203
206 N George Mason Dr Unit 1, Arlington, VA 22203
Frequently Asked Questions
How much does it cost to rent a condo in Arlington, VA?
The median rent for a condo in Arlington, VA is $2,500 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Arlington, VA?
To comfortably afford the median rent in Arlington, VA, a household needs to earn roughly $120,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,000 per month in Arlington, VA, renters typically need to show $9,000 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Arlington, VA?
In Arlington, VA, the price-to-rent ratio is 22.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Arlington, VA are best for renting a condo?
The best neighborhood for renting in Arlington, VA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Ashton Heights, Ballston, Buckingham, Clarendon/Courthouse and Lyon Village, each with its own character and price range.
