Apartments for Rent in Mount Vernon Square, Washington, DC

Mount Vernon Square, Washington apartment availability

Mount Vernon Square's rental market offers a very strong selection of listings, with an average of 265 rentals available each month in 2024. The majority of rentals are 1-bedroom apartments, followed by studios and 2-bedroom apartments. Many of these apartments offer desirable amenities, including in-unit laundry, dishwashers, and air conditioning, which are available in over 75% of the apartments. With its convenient location and range of amenities, Mount Vernon Square is a popular choice for renters in Washington.

Mount Vernon Square, Washington rental market trends

The Mount Vernon Square rental market experienced a slight decline in 2024, with average monthly rents decreasing by 0.8% to $2,506. 1-bedrooms averaged $2,451 per month, a 0.2% decrease from the previous year, while 2-bedrooms averaged $3,505, a 0.1% decrease. Studios saw a 1.3% decrease to $2,042. However, 3-bedrooms bucked the trend, increasing by 29.8% to $5,383.

Rents in Mount Vernon Square tend to peak in June, with a 9.3% increase compared to December, the month with the lowest average rent. If you're looking for a new apartment, winter may be a good time to search, with lower prices and less competition. Conversely, summer is when demand is highest, making it a more challenging time to find a rental.

Why Mount Vernon Square, Washington is a great place to live

Mount Vernon Square is a top choice for renters prioritizing fitness and social living. According to 2024 data, apartments in the area often feature onsite gym equipment, fitness centers, and health wellness events, making it easy for residents to maintain an active lifestyle. Additionally, the neighborhood's grocery stores and restaurants provide convenient access to healthy dining options. Mount Vernon Square's vibrant social scene is also supported by its street infrastructure, transit frequency, and shared community spaces, ensuring that residents can easily connect with friends and neighbors. With a strong focus on both physical and social well-being, Mount Vernon Square is an ideal neighborhood for those seeking a balanced lifestyle.