Tysons Corner Rentals Abound

Tysons Corner Rentals abound, at least it feels like that for landlords in the 22102 zip code.  At the time of this post there are 21 one bedrooms available for rent in the 22102 zip code of McLean, Tysons Corner.  And many communities have multiple homes/condos available: Fountains At McLean (3), Gates of McLean (8), Lillian Court (2), One Park Crest (2), Rotonda (2), and The Colonies (2).  These numbers are not out of the ordinary, especially in a community such as the Gates of McLean the current inventory for all the units (not just 1brs) represents current availability of less than 2% of the total # of condos in the community.  But it can feel like something much more stressful to a landlord who has a vacant property and would really appreciate the rental income to offset their expenses.

Renters are very driven towards price and timing.  And considering the density of the pricing of the current inventory landlords need to be patient, or consider re-positioning their home in the market.  Otherwise the average days on market for a 1br rental in the 22102 zip code right now is 49 days.  That’s an average for those who have not rented.  The average for those who have rented, in the past 60 days (somewhat relevant for this market period), is 44 days.

Tysons Corner has Rentals

Multiple Condo communities with more than one 1br for rent in Tysons corner

Data from the MRIS.