Herndon Town, Virginia Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Herndon Town, Virginia rental market.
Herndon Town, Virginia
Average Apartment Rent
$2,230
Y-o-Y Change in Average
Apartment Rent
-5.4%
As of March 2026
Compared to a year ago, Herndon Town, Virginia apartments have recorded a -5.4% rent decrease.
Herndon Town, Virginia Average apartment rent trend
Herndon Town, Virginia Average Apartment Rent
Herndon Town, Virginia Apartment rent ranges
At 41.61%, apartments priced $2,000 - $2,500 represent the bulk of Herndon Town, Virginia rentals, while condos priced Over $3,000 hold the lowest share of the market – 2.23%.
Herndon Town, Virginia Housing tenure**
Renters take up 35% of Herndon Town, Virginia real estate, occupying a total of 2,796 units, while homeowners live in 5,101 properties.
Median number of rooms of renter-occupied housing units**
4.4
Renter median household income**
$100,417
Average household size of renter-occupied housing units**
3.09
Rental vacancy rate**
7.2%
Herndon Town, Virginia Renter-occupied housing units by no. of bedrooms**
There are 1,067 rentals in Herndon Town, Virginia with 2 beds making up the highest share of the market, at 38%. Units with 5 or more beds, on the other hand, hold the lowest percentage (5%), amounting to 145 units. Overall, the median number of rooms in Herndon Town, Virginia homes for rent is 4.4.
Herndon Town, Virginia Renter-occupied units by age of householder**
Most condos for rent in Herndon Town, Virginia are occupied by residents in the 35 - 44 years age group (31%), followed by those in the 25 - 34 years age group (26%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Herndon Town, Virginia Renter-occupied housing units by family type**
Herndon Town, Virginia Renter-occupied housing units by the presence of own children**
A total of 1,795 apartments for rent in Herndon Town, Virginia, or 64% of all rentals are family households. Additionally, 41% of rental homes include children under the age of 18 – that’s 1,145 units. All in all, the median size of a renter-occupied household in Herndon Town, Virginia is 3.09.
Herndon Town, Virginia Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 49% of the rental market. In contrast, residents with less than a high school degree reside in 19% of the homes for rent in Herndon Town, Virginia.
Herndon Town, Virginia Renter-occupied units by year structure built**
The highest share of Herndon Town, Virginia apartment rentals, namely 30% or 847 units, were Built 1970 - 1979, followed by those Built 1990 - 1999 (22%, 627 units), and the ones Built 1980 - 1989 (22%, 621 units).
Herndon Town, Virginia Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Herndon Town, Virginia renters (50%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Herndon Town, Virginia condos for rent is 2017.
Herndon Town, Virginia Renter-occupied housing units by vehicles available**
When it comes to transportation options, 42% of Herndon Town, Virginia renters have 1 vehicle available per household, 36% of them have 2 vehicles available, and 9% have 3 vehicles available.
Herndon Town, Virginia Means of transportation to work of householders living in renter-occupied housing units**
Herndon Town, Virginia Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Herndon Town, Virginia apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
