34,000 Units in 20 Years: DC’s Rental Market, by the Numbers

• April 2, 2020

by Nena Perry-Brown

In addition to exploring how the concept of Inclusionary Conversions could work in DC, DC Policy Center's latest report gives a comprehensive snapshot of the city's rental market.

UrbanTurf plucked out some interesting stats below:

• 124,641 — The number of rental units DC has in apartment buildings, not including those owned by the city or managed by a non-profit. 
• 82,780 — The number of "shadow" rental units in DC, which includes less-regulated rentals of single-family houses, condos, flats and the like, across 35,750 buildings. 
• 162,000 — The estimated number of renter households in DC; 93,000 of these households earn less than 80% of area median income (AMI).
• 36% — The share of all rental units in DC that are one-bedrooms.
• $1,442 — The median rent across all units in rent-controlled buildings in DC.
• $2,554 — The median rent across all units not subject to rent control in DC.
• 15-30% — The estimated drop in rent-controlled units in DC since 1985.
• 55,107 — The number of rental units in Ward 6, the highest citywide by far (Ward 2 comes in second with 43,438 units). 
• 26,000 — The estimated number of single-family houses used as rentals. Ward 7 leads in this tally citywide, with roughly 5,100 single-family rentals.
• 34,000 — The number of rental apartments built in DC since 2000, accounting for nearly 25% of all rental apartments, across 375 buildings. 
• 52 — The number of buildings in DC not subject to any rent control or affordability requirements, all constructed from 1978 to 2007. These buildings contain 5,967 units.

This article originally published at http://dc.urbanturf.com/articles/blog/34000-units-in-20-years-dcs-rental-market-by-the-numbers/16669