Real Estate Investing in Arlington, Virginia (22204)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 22204 (Arlington, VA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Flat appreciation: Values have barely moved over 5 years (1.2% CAGR).
What’s happening in Arlington, VA (22204)?
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Market Analysis: 22204 Arlington
Meanwhile, ZIP 22204 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $607K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 22204 reports the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 22204 sits on the difficult end of the VA spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 22204 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 22204 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Arlington:
Property Strategy for 22204
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $287,720 | $1,980 | 5.0% | +1.4% | $287,720 |
| 2BR | $473,845 | $2,210 | 3.4% | +2.6% | $236,923 |
| 3BR | $781,570 | $2,790 | 2.6% | +3.0% | $260,523 |
| 4BR | $979,098 | $3,280 | 2.4% | +3.5% | $244,774 |
| 5BR | $1,142,917 | — | — | +4.3% | $228,583 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 22204 Compare?
| Metric | 22204 | Arlington | Virginia |
|---|---|---|---|
| Home Value | $607,172 | $739,441 | $403,170 |
| 5-Year CAGR | 1.2% | 1.5% | 6.4% |
| Avg Rent | $2,254 | $2,997 | - |
| Cap Rate | 2.9% | 3.1% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 22204 (Arlington, VA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $607,172 |
| Monthly Rent | $2,254 |
| Price-to-Rent | 22.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 4.1% |
📈 Home Appreciation
| 1-Year | -0.5% ▼ |
| 3-Year CAGR | +1.4% ▲ |
| 5-Year CAGR | +1.2% ▲ |
| 10-Year CAGR | +3.4% ▲ |
🏠 Rent Trends
| 1-Year | +1.9% ▲ |
| 3-Year CAGR | +2.2% ▲ |
| 5-Year CAGR | +3.8% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 22204
Population: 51,971
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 22204
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the median home value in Arlington, VA?
Homes in Arlington, VA typically sell near $607K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
Is Arlington, VA a friendly market for rental owners?
VA law landlord-friendly for landlords, and Arlington inherits those rules. Investors should still review local ordinances for rental licensing.
What kind of tenants rent in Arlington, VA?
Working renters make up the core of the Arlington, VA tenant base. The pool is reasonable for investors targeting long-term holds.
Is Arlington, VA a good place for real estate investing?
Our data puts Arlington, VA at 2.0/5 for investability. Home prices of $607K and rents around $2,254/mo create a solid backdrop for investor activity.
What are rental rates like in Arlington, VA?
The typical rental in Arlington, VA commands about $2,254/mo monthly. That rent profile steady cash flow against the $607K purchase basis.
You know 22204 now. You don’t know where it ranks.
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