Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Reston

Learn about the people, housing, costs and businesses in Reston, Virginia

Median Home$663,062
Median Rent$2,241/month
Population64,540
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services35% healthcare
Home Value Growth⬆⬆+20.9% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners61% of occupied units
NotableHighly Educated39% bachelor's · 26% graduate · top 1% nationally
NotableHigh Incomes$156k/year · top 3% nationally
Reston
VA

Frequently Asked Questions

What are today's mortgage rates in Reston?

As of today, the 30-year fixed mortgage rate for Reston is approximately 6.831% (6.865% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Reston
What is the median home price in Reston?

The median home value in Reston is $663k. The median monthly rent is $2,241. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Reston?

Home values in Reston have increased 20.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Reston?

Based on a typical all-in ownership cost of $2,359/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $101k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Reston is $156k/year.

Calculate your buying power
What industries drive the economy in Reston?

The largest employment sectors in Reston are healthcare (35%) and arts, food, and hospitality (30%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.