Washington, DC Rental Market Trends
What is the average rent in Washington?
The average rent for an apartment in Washington is $2,422. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Washington, DC
Average Rent | Average Apartment Size |
---|---|
$2,422 | 746 sq. ft. |
What is the average apartment size in Washington?
The average size for a Washington, DC apartment is 746 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Washington, DC apartment rent ranges
Washington, DC Occupied Housing Units
184,920 or 59% of the households in Washington, DC are renter-occupied while 130,865 or 41% are owner-occupied.
Washington, DC rent trends
Average Rent in Washington, DC By Neighborhood
City | Average Rent |
---|---|
Navy Yard | $2,800 |
Bloomingdale | $2,767 |
Howard University | $2,767 |
Shaw | $2,767 |
Penn Quarter | $2,756 |
Waterfront Washington | $2,673 |
U Street Washington | $2,667 |
The Mall - West Potomac Park | $2,659 |
Barney Circle | $2,624 |
Dupont Circle | $2,564 |
Adams Morgan | $2,563 |
Forest Hills | $2,518 |
Woodley Park | $2,518 |
Eckington | $2,486 |
Gallaudet | $2,486 |
H Street Washington | $2,486 |
Ivy City | $2,486 |
Cleveland Park | $2,481 |
Langdon | $2,455 |
Edgewood | $2,441 |
Brookland | $2,142 |
Brightwood | $1,995 |
Lamond Riggs | $1,995 |
16th Street Heights | $1,977 |
Fairlawn | $1,348 |
Deanwood | $1,347 |
Marshall Heights | $1,347 |
What are the most affordable neighborhoods in Washington?
The most affordable neighborhoods in Washington are Deanwood, where the average rent goes for $1,347/month, Marshall Heights, where renters pay $1,347/mo on average, and Fairlawn, where the average rent goes for $1,348/mo. If you’re looking for other great deals, check out the listings from 16th Street Heights ($1,977), Brightwood ($1,995), and Lamond Riggs ($1,995), where the asking prices are below the average Washington rent of $2,422/mo.
What are the most expensive neighborhoods in Washington?
The most expensive neighborhoods in Washington are Howard University ($2,767), Shaw ($2,767) and Navy Yard ($2,800).
What are the most popular neighborhoods in Washington?
The most popular neighborhood in Washington is The Mall - West Potomac Park, where there are 3 listings with an average rent of $2,659. Next up is 16th Street Heights, where apartments go for $1,977/month, followed by Barney Circle with $2,624 If you’re looking to rent in Washington’s most popular neighborhoods, make sure to also check out Bloomingdale, where renters pay $2,767 on average, and Dupont Circle, where the average monthly rent is $2,564.
Washington | Rent Comparison by Neighborhood
Rent in 16th Street Heights is 23% lower than in Adams Morgan
16th Street Heights rent is 18% lower than Washington average
Adams Morgan rent is 6% higher than Washington average
How Washington Compares to Other Cities
State | Average Rent |
---|---|
Washington | $2,422 |
Herndon | $2,205 |
Arlington | $2,524 |
Fairfax | $2,258 |
Germantown | $1,980 |
Woodbridge | $1,914 |
Alexandria | $2,092 |
Falls Church | $2,130 |
Reston | $2,346 |
Rockville | $2,213 |
Waldorf | $1,956 |
What is the average price for a storage unit in Washington?
The average rent for a non-climate-controlled 10'x10' storage unit in Washington is $209.6. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.