Apartments for Rent in Georgetown, Washington, DC

Georgetown, Washington apartment availability

Georgetown's rental market offers a good selection of listings, with an average of about 96 rentals available each month. The majority of these listings are 1-bedroom and 2-bedroom apartments, with a smaller number of 3-bedroom apartments and studios also available. Many of these apartments offer popular amenities such as air conditioning, in-unit laundry, and dishwashers. With nearly 60% of apartments featuring air conditioning and over 50% offering in-unit laundry, renters in Georgetown can enjoy a comfortable and convenient living experience.

Georgetown, Washington rental market trends

The Georgetown rental market experienced a slight decline in 2024, with average monthly rents decreasing by 3.4% to $4,308. However, this trend varies by bedroom count. Average rents for 1-bedrooms increased by 5.8% to $3,004, while 2-bedrooms saw a 4.3% increase to $4,693. The largest increase was in 3-bedrooms, with an 8.8% rise to $6,035. Conversely, studio apartments experienced a significant decline of 54.1% to $1,987.

Rents in Georgetown tend to fluctuate throughout the year, with February typically being the most expensive month. Compared to May, the month with the lowest average rent, February's rent is about 10.7% higher. If you're looking for a new apartment, May might be a good time to find a relatively affordable option. Keep in mind that the rental market can be competitive, especially during peak months.

Why Georgetown, Washington is a great place to live

Georgetown stands out for its commitment to environmental sustainability and vibrant social life. With a strong focus on eco-friendly living, many apartments in the area feature non-toxic paint, sustainable materials, and energy-efficient fixtures. The neighborhood's high walk score and access to parks and recreation areas also make it an ideal spot for those looking to reduce their carbon footprint. Additionally, Georgetown's excellent transit score and variety of restaurants and street infrastructure make it a great choice for renters who value social living and want to stay connected with friends and community. Overall, Georgetown offers a unique blend of green living and urban convenience.