Market Summary

Herndon, Fairfax County, VA

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Median Home Price Price

$718,780 $718.8K

Median Monthly Rent Rent

$2,804 $2.8K

GRM

21.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Fairfax County

Region Price Rent GRM Display
$711,898 $3,193 19.0x
$984,663 $2,852 29.0x
$734,227 $2,427 25.0x
$1,059,884 $2,789 32.0x
$656,503 $2,565 21.0x
$765,711 $2,777 23.0x
$622,047 $2,822 18.0x
$756,346 $2,647 24.0x
$574,865 $2,159 22.0x
$639,643 $2,966 18.0x
$688,022 $2,215 26.0x
$800,208 $2,762 24.0x
$782,079 $3,869 17.0x
$689,186 $3,043 19.0x
$612,530 $2,824 18.0x
$690,639 $1,092 53.0x

Home prices

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Monthly rent

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GRM

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Similar markets within VA outside of Fairfax County

Region Price Rent GRM Display
$793,332 $2,947 22.0x
$619,933 $2,754 19.0x
$793,347 $2,902 23.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of VA

Region Price Rent GRM Display
$521,464 $2,050 21.0x
$259,359 $1,185 18.0x
$991,266 $2,670 31.0x
$899,704 $2,604 29.0x
$373,414 $1,533 20.0x
$312,892 $1,363 19.0x
$951,671 $2,991 26.0x
$323,451 $1,442 19.0x
$692,082 $2,384 24.0x
$670,654 $2,172 26.0x
$646,594 $2,913 19.0x

Home prices

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Monthly rent

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GRM

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Herndon

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Trend Insights

Median Rent in Herndon, VA is $2,804, with MoM change +$20 and YoY change +$120 pointing to positive momentum while volatility is low (std $25).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Herndon, VA.

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Metric
Base market Herndon, VA
Compare market Select a market
Delta vs base
Median rent
$2,804
N/A
Median price
$718,780
N/A
YoY change
+$120
N/A
Price-to-rent
21.4x
Data unavailable
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