Apartments in Swanks Mill Mclean

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$2,221 - 5,986
1350 Beverly Rd Mclean, VA
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$495
Cabin John, MD
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Mclean:
June Rent Report

Welcome to the June 2024 Mclean Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2024 key findings and figures for the Mclean rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Mclean and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Mclean average rent prices in the chart below.

Monthly Rent Report

$2,700
$2,030
$1,350
$680
$0
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
1 BR       2 BR

Mclean Rent Prices Increase From May to June

Mclean rent prices increased over the last month. From May to June, the city experienced a 0.05% increase for the price of a one-bedroom apartment. The rent price for a Mclean one-bedroom apartments currently stands at $2,107.0.

When we take a look at the two-bedroom comparison from May to June, Mclean experienced a -0.04% decrease for the price of a two-bedroom apartment. The rent price for a Mclean two-bedroom apartments currently stands at $2,618.0.

June Prices: Mclean vs. Surrounding Areas

Rent Prices in Mclean and Surrounding Areas

Rent prices have increased in Mclean over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Mclean suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Mclean suburbs

  • Rents did not decrease in any of the Mclean suburbs.

June 2024 Pricing Trends: Mclean vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,132
$3,030
$2,390
$2,331
$1,905
$1,353
$1,259
$1,203
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Mclean Rent Prices More Affordable Than Major Cities

Rent growth in Mclean over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Mclean average rent prices appear to be relatively affordable for local residents.

The price for a Mclean one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Mclean and surrounding area rent prices, take a look at the complete data set below.

Data set for Mclean and suburbs

1 BR June 1 BR M/M % Change 2 BR June 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.