Bordering DC: Where to Buy Homes in Arlington’s Sub-Neighborhoods

Table of Contents

If you’re in the D.C. area and looking to buy a home, Arlington may be at the top of your list of desirable locations. The city is just across the Potomac from D.C. and offers excellent access to jobs, culture, and more. There are also some fantastic sub-neighborhoods of Arlington that can make any buyer feel at home.

The neighborhood you choose will depend on whether you’re buying a home for yourself or looking for condos for sale in Arlington, VA. Read on to discover some of the best neighborhoods to look at, whether you’re purchasing your dream home or starting an investment.

Aurora Highlands 

Aurora Highlands is a great choice for young professionals, people who like to travel, and people who want to be near the center of the action. This neighborhood is less than twenty minutes from D.C. and provides easy access to a variety of amenities. You’ll be less than five minutes from Ronald Reagan International Airports, close to Boeing and PBS, and minutes away from tons of local restaurants

Homes in Aurora Highlands tend to be cozy townhomes or ranch-style houses, and they sell for around $870,000. Apartments rent for just under $2,000 a month, making this an excellent spot for investors. You’ll have plenty of young professional tenants looking to start their life in the city.

Bluemont 

Bluemont is another favorite with young professionals, although it tends to appeal to young families, too. Bluemont offers a great sense of community with a walkable layout and a nice mix of new and historic homes. The neighborhood is less than twenty minutes away from the city center of D.C.

Homes in Bluemont tend to be a little more expensive, coming in at around $985,000. They can range in style, depending on what era they were built in, and are usually a little more than 2,000 square feet. Rent tends to be slightly higher than $2,000 a month and can be a much more affordable way for residents to get the Bluemont experience.

Radnor-Fort Myer Heights 

Radnor-Fort Myer Heights is a much more affordable option for young professionals looking to be close to D.C. The neighborhood is less than fifteen minutes from the capital and provides amazing access to some of Arlington’s best amenities. Plus, many residents here decide to rent, making it the perfect spot for investors.

Homes in Radnor-Fort Myer Heights tend to sell for about $275,000 and are small — often less than 1,000 square feet. Right now, the rent is somewhere over $2,000 a month and may hover closer to $2,500. But this neighborhood offers unbeatable access to D.C.’s latest and greatest, making it worth the price tag for many residents.

Ballston-Virginia Square

Ballston-Virginia Square is perfect for residents who want a homey environment and easy transportation. There are lots of Metro stations around the neighborhood, as well as coffee shops, eateries, and a large outdoor mall. The neighborhood is about twenty minutes from D.C., making it a great option for commuters working in the city. 

Homes in Ballston-Virginia Square sell for about $475,000 and are often less than 1,000 square feet. In fact, many of the homes are townhomes, condos, and apartments in Ballston-Virginia Square, which provide lots of opportunities for investors. Rent in this area averages just under $2,000, making it a competitive market with the other Arlington sub-neighborhoods. 

Clarendon-Courthouse

Clarendon-Courthouse is a slightly pricier neighborhood in Arlington, but it comes with an amazing fast-paced living experience. There’s a thriving nightlife, a packed event calendar, and lots of bars and restaurants for residents to explore. Many of the Arlington government buildings are in the Clarendon-Courthouse neighborhood, meaning there are lots of job opportunities.

Clarendon-Courthouse is less than fifteen minutes from D.C., and homes there tend to sell for a little more than half a million dollars. The houses there tend to be small — often under 1,000 square feet — but the location is hard to beat. Rent is also a little pricier, coming in at around $2,500.

Arlington Ridge

If you’re looking for a historic place to live and raise a family, you’ll have a hard time finding a better neighborhood than Arlington Ridge. There are two Civil War forts in this neighborhood, and the Pentagon sits just north of it. There are lots of libraries and parks, and you’ll be less than twenty minutes from D.C.’s city center.

Homes in Arlington Ridge are definitely higher in the price point, selling for about $825,000 on average. However, they are more spacious, with most coming in over 2,000 square feet. Rent is also more expensive, with prices ranging between $2,500 and $3,000, so you’ll need to aim for a higher-income tenant demographic if you plan to invest here.

Barcroft

Barcroft is a fantastic neighborhood for young families and boasts low crime rates and excellent schools. There are lots of parks that include playgrounds, picnic tables, grills, basketball courts, and even sand volleyball courts. Barcroft is also under twenty minutes from D.C., making it a great choice for parents who commute. 

Homes in Barcroft list for around $600,000, but as of this writing, they’re selling for more than $800,000. They tend to be relatively small, approximately 1,000 square feet, which is perfect for a young family. Rent is also a little more affordable, hitting closer to the $1,500 mark.

Chain Bridge Forest

If you want a beautiful neighborhood that gives you access to all the city amenities while maintaining a peaceful atmosphere, look no further than Chain Bridge Forest. This neighborhood is named for the chain bridge that connects Arlington and D.C., and it’s just twenty minutes from the city center and less than fifteen minutes from the National Cathedral. You’ll find this neighborhood is full of gorgeous lawns and forested backyards that make the area feel like a quiet hamlet. 

Chain Bridge Forest isn’t the best place for investors — homes here tend to sell for well over a million dollars and often for more than two million. However, they do tend to be large and luxurious, making them an excellent choice for families with solid incomes. Homes in this area are hard to come by, so if you see a home you love hit the market, don’t hesitate to get your offer in.

Cherrydale 

If your family is the outdoorsy sort, Cherrydale is a fantastic neighborhood for you. There are parks, ponds, trails, nature paths, and farmer’s markets to get your family outside. The area also has some of the best schools in the nation, and you’ll love attending the annual block parties and barbeques the residents throw.

Cherrydale is about twenty minutes from the D.C. city center, and homes here tend to be very desirable. Many sell for $800,000 or more, and most are over 2,500 square feet, giving you plenty of space. Rent tends to be around $2,500, so if you have a lot to invest, this neighborhood can give you good returns. 

Dominion Hills

Dominion Hills is the sort of neighborhood that will make you want to slow down and smell the roses — quite literally. This quiet neighborhood is home to the Bon Air Park Rose Garden, as well as lots of shade trees and parks. And once you finish your relaxing stroll through the gardens, you can head into D.C., just twenty minutes away, to take advantage of all the city amenities.

Homes in Dominion Hills are a little more expensive than in Cherrydale, usually listing for around $885,000. They tend to be a little less than 2,000 square feet, which is plenty of room for a young couple or growing family. The rent is around $3,000, which can offer some excellent opportunities for higher-end investors. 

Forest Glen

Forest Glen is another of those neighborhoods that may not be great for investors but is perfect for homeowners. The neighborhood has great schools, as well as a pediatric center right in the area. You can also find parks, nature trails, and a playground to keep active kids outdoors and having fun.

Forest Glen, like many of the neighborhoods on this list, is about twenty minutes from the D.C. city center. Homes can sell for anywhere from the low $600,000s to close to a million dollars and are usually more than 2,000 square feet. If you do want to invest here, rent runs around $2,300, which can be profitable on one of the more affordable houses.

Lyon Village

Lyon Village is another very walkable Arlington neighborhood that will make you want to get the family outdoors. The Lyon Community House hosts a variety of fun events throughout the year, and your kids will want to spend all summer on the splash pad. There’s also a Whole Foods in the neighborhood, along with several wonderful restaurants. 

Lyon Village is just fifteen minutes from D.C. and tends to be a little higher on the price scale. Homes routinely sell for north of a million dollars and tend to be large, coming in over 2,500 square feet. It may come as no surprise that Lyon Village rents tend to be correspondingly higher — usually around $2,500.

Penrose 

Penrose has everything you could want to raise a happy, healthy family, from a farmer’s market and great public library to strong schools and lots of parks. You can work in the community garden, take your dog for some playtime at the dog park, or have a picnic on a sunny afternoon. Penrose is also about fifteen minutes from D.C., which makes it incredibly convenient for commuters.

Penrose homes tend to be a little more affordable than in many of the family-friendly neighborhoods, selling for around $800,000. They also tend to be relatively large, averaging more than 2,000 square feet. Rent is a little lower, around $1,700 a month, which can make it a good entry point for investors just starting out. 

Westover Village

Westover Village is a charming neighborhood for young professionals or budding families to get their start. The neighborhood is filled with historic Colonial-style houses and unusual grocery stores to expand your culinary horizons. Visit the farmer’s market during the summer and early fall, or stop by the Italian Store for a slice of pizza and a bottle of olive oil.

Westover Village is about twenty minutes from D.C. and tends to be a little more expensive. Houses usually sell for about a million dollars and tend to be a little under 2,000 square feet. Rent here, on the other hand, is relatively low, sticking under the $1,500 price point for a studio apartment.

Crystal City

Crystal City is Arlington’s largest downtown neighborhood and boasts all the sparkle and shine you’d expect from the name. There are lots of metro stops, and the Reagan International Airport is in this neighborhood. You can also find everything from stylish stores and scrumptious restaurants to live theater in Crystal City.

Crystal City is less than fifteen minutes from D.C., and it’s one of the most affordable neighborhoods in the city. Homes here sell for around $655,000 and are usually a little more than a thousand square feet. Rent is usually more than $2,000 here, making it a fantastic location for investors to buy property.

Find Condos for Sale in Arlington, VA

Arlington, VA is a fantastic place to buy a house or invest in a property. The city is less than half an hour from our nation’s capital and has a number of fantastic neighborhoods to suit any price range. You can find quiet villages, thriving metropolitan centers, and more with plenty of homes and apartments on the market.

If you’d like to find condos for sale in Arlington, VA, check out the rest of our site at Nomadic Real Estate. We provide leasing, management, sales, and, most importantly, peace of mind. Contact us today and start making your D.C. investment the smart way.

Share via Email
Share on Facebook
Share on LinkedIn
Share on Twitter
Get help from DC's top real estate team.
Founded in 2005, Nomadic is the go-to full service real estate firm in the DMV. We've helped thousands of landlords, investors, and residents and we would love to connect with you next.
IT Support by SADOSSecure, Fast Hosting for WordPress
Scroll to Top

Thinking of selling? Get an instant property value report:

Enhanced Reporting

Your portal includes a selection of extremely useful reports. Reports are available in the “Reports” section, and are distinct from the financial statements. Unlike financial statements which are static records, Reports are dynamic real-time records that will update with current data every time you view them. 

Scroll down to learn more about Reports:

Navigate to the "Reports" module in your portal:

Owner Portal Reports
  • Keep in mind, these reports are dynamic records. They will refresh to display current information every time you view them. 

Enhanced Rent Roll Report:

Enhanced Rent Roll Report
  • The Enhanced Rent Roll Report will show the rent amount, last payment date, move-in date, lease expiration date, and security deposit amount for each of your tenants. 
  • It will also show a portfolio summary with occupancy percentage, vacancy loss, and more!

Unit Comparison Report:

Unit Comparison Report
  • If you own multiple units (or buildings) with Nomadic, you’ll get access to the Unit Comparison Report. 
  • This report enables you to quickly compare financial performance between your units at a glance without toggling between individual reports. 

Income Statement Month-Over-Month:

Income Statement by Month Report
  • The Income Statement Detail – Monthly Report serves as a month-over-month record of portfolio performance. You’ll see itemized income and expense categories and can track monthly. This report will update with fresh data every time you view it. 

Financial Statements

Financial statements will be published to your portal on a monthly basis. The statements are found in your Documents library, and provide a historical record of all financial performance. The statements serve as a snapshot of financial performance over a given period, and are static documents (unlike Reports, the statements do not update/change in real-time). 

Scroll down for more info about the Financial Statements in your Documents library:

The Documents area contains monthly financial statements:

Owner Portal Documents
  • The statements in the Documents are are static documents. They are posted to the portal once a month to serve as a historical record of financial performance. 

Download a statement to see month and YTD financials:

Owner Portal Property Statement

You'll also find a month-over-month operating statement:

Month over Month Statement

Portal Communication Tool

You can use your owner portal to communicate with our team. Any messages you send through the portal will go straight to your Account Manager. When we reply, you’ll get an email notification and you’ll also see the message in your portal next time you log in. 

Here’s an overview of using the communication platform:

Click "Communications" and navigate to "Conversations":

Commincation Dashboard Screenshot
  • The communications module will contain a record of all messages that you create through the portal. 

Click the "New Message" button and send your message:

Owner Portal New Message Screenshot

Responses will show up in the conversation ticket:

Portal Conversation Response Screenshot
  • You’ll get an email notification whenever you get a response, and you’ll also see the message in your portal next time you log in. 

You can reply in-line using the comment box:

Owner Portal Comment

Each conversation will be logged in its entirety:

Portal Conversation Snapshot

Understanding the Ledger

Your portal includes a ledger with all transactions. The ledger is populated with data in real-time as transactions flow through our accounting software. Much of this information is also available in the Reports area, as well as the Statements in your Documents library, but the ledger is the most comprehensive resource for diving into the details. 

Please scroll through the sections below to get a better understanding of how to interpret the ledger. 

By default, transactions are sorted chronologically:

Owner Ledger Dates
  • The date reflected in the lefthand column is the actual transaction date, not the “bill date”. This is the date the transaction was actually processed. 

If you have multiple properties with Nomadic, you'll see the address for each transaction in the "Location" column:

Ledger Property Column
  • You can filter the ledger to look at just one property, all properties, or specific sets of properties. 
  • If you only have one property with us, you’ll just see the ledger for that property. 

The Description column displays the transaction type:

Owner Ledger Description Column
  • BILL: this is an expense transaction, such as for repair costs or management fees.
  • CHARGE: this is a transaction  billed to the tenant, most typically a rent payment. 
  • NACHA EXPORT: this is a credit we processed to your distribution account. This type of transaction is how you get paid! 

The Amount column shows the dollar value of each transaction:

Owner Ledger Amount Column
  • Positive Amounts: if an amount is positive, it reflects a transaction that is payable to you. Typically, this will be a rent payment that we collected from your tenants. On occasion, a positive number could also signify a journal entry or credit adjustment. 
  • Negative Amounts:  if an amount is negative, this is a transaction that is either payable to Nomadic or is an amount that has already been paid to you. Typically this will be for repair costs or management/leasing fees. Owner draws (net distributions into your checking/savings account) also reflect as negative amounts, since they have already been paid to you. 

The Account Balance column shows a sum of positive/negative transactions at a given point in time:

Owner Ledger Account Balance Column
  • Account Balance should always equal zero after a net distribution has been processed. When the balance is zero, this means that all expenses have been paid and you’ve received the remainder as net operating income, leaving a balance of zero (meaning: no one is due any money, as all funds have been distributed appropriately). 

Navigating the Propertyware Owner Portal

Your portal includes some extremely useful features that help you understand your property’s financial performance at a new level, with real-time transparency into every transaction.

Scroll through the snapshots below for an overview of portal navigation! If you need more help or have specific questions about using the portal, you can reach out to your Account Manager any time for a screen share. 

You can filter all info by date range or property:

PW Portal Filters

View a snapshot of income and expenses on your dashboard:

PW Owner Dashboard View

See every transaction in real-time on your ledger:

Owner Portal Ledger View

Statements and forms will be posted to your documents library:

Owner Portal Document Library

View a suite of real-time financial reports:

Portal Reports View

See a running list of all bills, and drill down for more detail:

Owner Portal Bills View

Under Bill Details, you'll find dates/descriptions/amounts and more:

Portal Bill Details

You can also communicate with your Account Manager through the portal:

Owner Portal Communication Tools

How do net distributions work?

Net distributions keep your accounting clean and simple. Each month we’ll collect rent from the tenants, deduct any repair expenses for the previous month and any management/leasing fees for the current month, and credit the remaining net operating income to your account. 

Net Distribution

You’ll receive a statement via email each time a net distribution is processed, and can view all transaction details in your Propertyware owner portal.