Washington D.C. ranked as the 7th most expensive rental market in the nation last month with the price of one and two bedroom units settling at $2,130 and $2,650, respectively. Notably, on a year over year basis, one bedroom rent is down 8.6% and two bedroom rent is down 13.4%.
(Note: this map is interactive so use the zoom feature and hover over the legend for more info)
While Friendship Heights et Berkley had the fastest growing rents since last quarter, both up over 11%, Glover Park et Foggy Bottom saw the largest rent dips, down around 5%.
This winter, Georgetown continued to reign as the most expensive neighborhood with one bedroom rent at $2,800. Priced at $2,400 and above, Logan Circle – Shaw, Barnaby Woods, et Dupont Circle were the next priciest areas to rent. More affordable rentals priced under the $2,000 threshold could be found in Woodley Park, Cleveland Park, and Stadium Armory or Kingman Park.
If you want to see how D.C. rents compare with the rest of the nation’s, view our December National Rent Report, 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. In the market for a new place? Search all DC apartments for rent on Zumper now.
If you’re interested in a more in-depth explanation of how and why we calculate our rent data, view our methodology post ici.
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