Home | Newsletter | Advertise

New Report Shows Increase in DC Rents by Apartment Size

  • January 17th 2012

by UrbanTurf Staff

✉️ Want to forward this article? Click here.

New Report Shows Increase in DC Rents by Apartment Size: Figure 1

In an article from a couple weeks ago about increasing rents in the DC area, a commenter inquired as to whether or not the data could be broken down by apartment size. Housing search engine HotPads.com recently released their 2011 National Rental Housing Report which does just that.

The report showed that overall, rental rates increased just over 1 percent in the DC area in 2011. However, a closer look reveals that the increase depends on unit size.

For example, rents on studio apartments increased approximately 5.4 percent in 2011, but one-bedroom rents dropped by 1.73 percent; two-bedroom rents increased just over 1 percent and leading the pack were three-bedrooms with a 6.06 percent year-over-year increase.

From HotPads on nationwide rental increases:

Studio rentals remained the highest growth segment, with a 7.12 percent increase over the year. One and two bedroom rental properties also saw a price increase, 2.59 percent and 3.75 percent respectively, while three bedrooms dipped by .31 percent.

For more from the report, click here.

This article originally published at https://dc.urbanturf.com/articles/blog/hotpads_shows_dc_rental_increase_by_apartment_size/4937.

Pipeline: New Condos & Apartments Coming to the DC Area

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse