Home | Newsletter | Advertise
loading...

Are 40% of DC-Area Renters Looking to Move Away?

  • November 17th 2021

by Nena Perry-Brown

Map of popular search destinations for DC renters. Click to enlarge.

Approximately 40% of renters in the DC region are apartment-hunting in other metro areas, per the latest Renter Migration Report from Apartment List, which is in line with the rest of the country.

Using ApartmentList searches from July through September 2021, the report states that rising rent prices are leading 40% of renters to search for apartments outside of their metro area, and 26% looking to move out of their state. Renters looking to move are mostly looking at San Jose, Raleigh, and New Orleans; Richmond, Virginia comes in fourth.

Baltimore and Philadelphia remain the most enticing search destinations for DC-area renters, accounting for 15.7% and 8.9% of searches. While New York City was the third most-searched by DC-area renters at the end of 2019, Virginia Beach has now taken that slot, representing 5.4% of searches.

Baltimore-area renters also account for about 25% of searches for apartments in the DC area, followed by New York City (7.7%) and Boston (6.9%). For renters who live in the New York City area, the DC area is the fourth-most searched destination, accounting for 4.5% of searches.

This study identifies user location by IP address and defines the DC metro area using the Census parameters for the Metropolitan Statistical Area, which includes far-flung areas such as Frederick, Maryland; Jefferson County, West Virginia; and Spotsylvania, Virginia.

See other articles related to: apartmentlist, migration, moving, renters

This article originally published at https://dc.urbanturf.com/articles/blog/are-40-dc-area-renters-looking-to-move-away/18960.

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. Visit guides.urbanturf.com or 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