What's Hot: Friendship Heights Food Hall Could Open This Month | Summer Ready With Quick Move-In Homes at Brookland Grove
Free Rent? 48% of DC-Area Rental Listings Offering a Concession
A new Zillow report finds that nearly half of rental listings on its site in the DC area included at least one concession, such as free rent or free parking, in April, down from 55% of listings in December. Nationwide, about one-third of rental listings had a concession in April — up from 21% last spring.
story continues below
loading...story continues above
"Rent growth and concessions offered today are indicative of a much stronger rental market than that of early 2021, when the market was recovering from the pandemic," the Zillow report stated. "Business and college closures pushed workers and students from cities and campuses – many of whom moved back in with family."
The study only looks at rental listings advertised on Zillow.
Thumbnail image courtesy of Ted Eytan.
See other articles related to: renting in dc
This article originally published at https://dc.urbanturf.com/articles/blog/free_rent_48_of_dc-area_rental_listings_offering_a_concession/21046.
Most Popular... This Week • Last 30 Days • Ever

A look at the larger residential developments in the works from Cardozo to Mount Vern... read »

The Heights, a ten-stall food hall that is taking over the spaces formerly occupied b... read »

A piece of legislation quietly introduced in the House of Representatives earlier thi... read »

The backlash over backyard pool rentals; the "housing matchmaker"; and the townhouse ... read »

In this week's edition of Under Contract, we look at a homes that sold in 24 hours, 3... 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. Visit guides.urbanturf.com or 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