You're very welcome!! Good luck in your search for either a new tenant or a new home. :)

Thank you all for your responses!

Rents in Arlington have pretty much held stead at between $600-800 per bedroom, with adjustments for neighborhoods and number of baths. The market for multi-families has slowed but the good news is there is not much inventory now. There are only 11 on the market with prices averaging in the mid to high $500's. I'll be happy to give you a free market analysis if you'd like. I worked in the Coldwell Banker office in Arlington for 12 years before starting GreenHome Realty. I know your market very well.

Damian

Hi Dana,
Rentals are doing fairly well in Arlington, just as the housing stock has done. Arlington survived the recession pretty well and didn't lose much value - at least not as much as the surrounding areas.
Over the past 1, 3, and 6 months the average rental price has gone from $1,799 6 months ago to $1,757 3 months ago, and $1,771 over the past month. However, those figures include all rental properties and does not distinguish between 2-bed, 4-bed or more. If you have a specific rental layout in mind (2 bed/2 bath; 3 bed/1 bath, etc.), I'd be glad to perform a more detailed search for you.
Hope you have a great day!
--Tim