Jumping two spots this month, D.C. outpaced San Jose and Oakland to become the fourth most expensive rental market in the U.S. The price of one bedroom units jumped 3.4% to a median of $2,200, while two bedrooms increased 2.8% to $3,080. D.C was also the only city in the top 10 markets to see increases in both one and two bedroom prices this month.
At a median of $2,700 a month for one bedroom units, Georgetown was the most expensive neighborhood to rent this fall. Dupont Circle ($2,550), Logan Circle – Shaw ($2,500), and Mount Vernon Square ($2,490) were the next priciest areas. Some mid-range priced rentals close to these bustling neighborhoods, but for a few hundred dollars less, included LeDroit Park – Bloomingdale, Glover Park, and Mount Pleasant.
If want to see how D.C. compares to the rest of the United States, view our National Rent Report for September, which analyzes over 1 million active listings available in the prior month.
To keep up to date with rent changes across the country, follow Zumper on Facebook, Gazouillement, and Instagram. Looking for a new place? Search over 2,800 DC apartments on Zumper now.
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