Is the housing rental market of NoVA getting overwhelmed? (apartment complex, credit score)

[tsuric]

I'm just trying to get a picture of where the crowd is going.....

I have heard of a handful of cases at my apartment complex in the fair lakes area where a few 2-BRs got hit with $200 or so rent increases.

I've also heard a case of this where a couple was hit with a $200 rent increase two times and they were right in DC.

My rent increase for a 1-BR this year went from $1067 to $1121 ($54 increase), so it isn't bad....maybe because of less demand for 1-BRs vs 2+ BRs?? I got this apartment in September of 2009.

Another question, does an excellent credit score have any effect on rent increases?

[pcity]

Originally Posted by tsuric

I'm just trying to get a picture of where the crowd is going.....

I have heard of a handful of cases at my apartment complex in the fair lakes area where a few 2-BRs got hit with $200 or so rent increases.

It's pretty common, especially if they're entering their second year of renting and there was a discount on the first year.

Another question, does an excellent credit score have any effect on rent increases?

No.