What's Hot: RFK Stadium Cleared For Demolition | Airbnb Unveils Icons
New Report Shows Increase in DC Rents by Apartment Size
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.
Most Popular... This Week • Last 30 Days • Ever
Georgetown Metropolitan reported on Tuesday that the Instagram account for the nation... read »
A Home Equity Line of Credit, commonly referred to as HELOC, is a borrowing product t... read »
The National Park Service has given the green light for DC's 62 year-old stadium to b... read »
UrbanTurf continues our tour of neighborhood developments around the region as we tak... read »
A regular inclusion as one of DC's most expensive housing markets, Georgetown remains... read »
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
Unique Spaces
Awesome and unusual real estate from across the DC Metro