City Report · VA

Oakton

Pop. 36,528·7th most expensive in Virginia·One of the pricier rental markets in the US
Median rent (all units)
$3,116/mo
Year-over-Year
Stable
Month-over-Month
-6.2%
vs US Median
+$1,151
Falling (Monthly)
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Most AffordableMost Expensive
Oakton · $3,116
More expensive than 92% of US cities · National median $1,965/mo
Affordability
23% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $3,116/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$125,000/yr
Local median income
$160,663/yr
Based on the 30%-of-income rule using Oakton's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$2,350
1 BR
$2,400
2 BR
$2,700
3 BR
$3,380
4 BR+
$3,980
Research median
$2,700/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$37,392/yr
At $3,116/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -6.2% MoM), not inventory.
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Demographics

Who lives here

Oakton, VA is majority owner-occupied, has a median income above the national average, 74.5% of residents hold a bachelor's degree or higher.

Population
36,528
Median income
$160,663
Median age
40.1
Renters
33.4%
Age distribution
22.2%
21.5%
29%
16.4%
Under 1822.2%
18–3421.5%
35–5429%
55–6411.1%
65+16.4%
Gender
50.5%
49.5%
Male50.5%
Female49.5%
Race & ethnicity
57.3%
22.4%
White57.3%
Black6.7%
Hispanic10.7%
Asian22.4%
Other2.9%
Education (25+)
14.2%
74.5%
No HS diploma2.7%
HS diploma8.6%
Some college14.2%
Bachelor's+74.5%
Housing tenure
66.6%
33.4%
Owner66.6%
Renter33.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Oakton, VA has changed in 5 years

Income
$145,064 → $160,663
up 10.8%
Population
36,675 → 36,528
down 0.4%
Renter share
31.4% → 33.4%
+2.0 pts
Bachelor's+
73.9% → 74.5%
+0.6 pts
Median age
38.7 → 40.1
+1.4 yrs

Median household income rose from $145,064 to $160,663 between 2021 and 2024, a 10.8% shift. Renters now make up 33.4% of households, compared with 31.4% five years ago.

Community

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View Oakton rent history (2015–2026) →
Salary vs rent

Can you afford rent in Oakton on your salary?

At $3,116/mo, how Oakton rent compares to typical pay (30% rule).

By apartment size

Oakton rent by bedroom count

Median rent for each apartment size in Oakton. Click any size for full breakdown.

Local insights

Tips for renters in Oakton

About renting in Oakton, VA

Last updated: July 20, 2026

The median rent in Oakton is $3,116/mo as of July 2026. A studio apartment averages $2,350/mo while a 2-bedroom runs $2,700/mo. One-bedroom apartments average $2,400/mo and 3-bedroom units go for $3,380/mo.

At 23% of local median household income ($160,663/yr), Oakton ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Oakton an affordable city for renters?

Oakton is considered very affordable for renters. At $3,116/mo, rent takes approximately 23% of the local median household income ($160,663/yr). The standard benchmark is 30%. Oakton falls comfortably within that range.

How much income do you need to rent in Oakton?

To keep rent at or below 30% of gross income, you would need to earn at least $125,000/year (~$60/hour full-time) to afford the median rent of $3,116/mo in Oakton. The local median household income is $160,663/yr, meaning the typical Oakton household meets that threshold.

Is rent going up or down in Oakton?

Rent in Oakton has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Oakton rent compare to other cities in Virginia?

Oakton is one of the pricier cities in Virginia for rent, ranking #7 out of 83 tracked cities at $3,116/mo.

Which nearby cities are cheaper to rent in than Oakton?

Several nearby cities have lower median rents than Oakton ($3,116/mo): Fairfax ($2,458/mo), Herndon ($2,467/mo), Reston ($2,598/mo).

What percentage of Oakton residents rent vs. own?

According to Census data, approximately 33.4% of Oakton households are renters, while 66.6% are owner-occupied. Oakton leans toward homeownership, which can mean a smaller rental inventory.

How does Oakton rent compare to the national average?

Oakton's median rent of $3,116/mo is $1,151 (59%) above the US national median of $1,965/mo. Within Virginia, it ranks #7 out of 83 tracked cities.
Income Affordability
23%
VERY AFFORDABLE

At $3,116/mo, rent takes ~23% of Oakton's median household income ($160,663/yr). The standard benchmark is 30%.

Oakton 23%Benchmark 30%
State income tax2–5.75%
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Oakton, VA

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