Fairfax, VA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Fairfax short-term rental market based on reliable data.

Listings

77 / 323

Reliable / Active

Cap Rate

4%

Middle-Earners Gross Yield

Revenue

$29,011

Middle-Earners Revenue

Occupancy

78%

Middle-Earners Occupancy

Home Value

$796,179

Median Home Sale Price

Top Earners

$71,075

Top-Earners Revenue

Fairfax

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Fairfax.

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C

Challenging to Investors

Fairfax Regulations

Short‑term rentals are permitted throughout Fairfax County but face tight restrictions: a hard cap of 60 nights per year, a primary‑resident requirement (≥185 days), and limits of six guests per night, all backed by safety, reporting, and inspection obligations. These caps and compliance burdens substantially reduce profitability and deter many investors.

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About Fairfax

Fairfax is an independent city in the Commonwealth of Virginia, serving as the seat of Fairfax County in the heart of Northern Virginia. With a population of roughly 24,000, the city has a small-town feel even though it sits within one of the wealthiest and most populous metropolitan regions in the country. Fairfax blends a walkable historic core with the bustle of a major university campus and the broader suburban landscape of greater Washington. Travelers often use it as a quieter, more affordable base for exploring the capital region, and it lies approximately 20 miles west of downtown Washington, D.C., with straightforward access via Interstate 66 and the nearby Vienna/Fairfax-GMU Metro station on the Orange Line.

Old Town Fairfax is the city's historic heart, centered along Main Street and Chain Bridge Road. Lined with independently owned shops, restaurants, and cafes, the district retains a low-rise, small-town atmosphere that contrasts with the surrounding suburban density. Visitors can wander past restored 19th-century storefronts and stop in the Fairfax Museum and Visitor Center, which interprets local and regional history.

Just south of Old Town, George Mason University is a large public research university and one of the area's largest employers. The campus draws visitors for performing arts at the Center for the Arts, Division I Patriot athletics, and a series of lectures and cultural events throughout the year. Its wooded grounds also include walking paths and green space that are open to the broader community.

The National Firearms Museum, housed at the headquarters of the National Rifle Association, is one of the more unexpected draws in the city. It displays hundreds of firearms spanning several centuries of American and world history, from colonial-era muskets to modern sporting arms, and admission is free. The museum sits just off Interstate 66 and is a convenient stop for travelers passing through.

A short drive east in neighboring Vienna, Wolf Trap National Park for the Performing Arts combines a national park with a major concert venue, hosting everything from the National Symphony Orchestra to contemporary touring artists in its open-air Filene Center. It is roughly a 15-minute drive from central Fairfax and also offers miles of hiking trails through wooded parkland.

To the southwest, Manassas National Battlefield Park preserves the site of two major Civil War engagements and is about 30 to 40 minutes by car. The park's visitor center, walking trails, and ranger programs make it a meaningful day trip for history-minded visitors.

Fairfax appeals to short-term-rental owners because it offers the calm of a small, well-serviced city with immediate access to one of the most visited metropolitan areas in the United States. Its mix of historic character, university amenities, family-friendly parks, and proximity to both Washington, D.C., and the rolling countryside of northern Virginia makes it a versatile base for leisure, business, and family travel alike.

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