Home | Newsletter | Advertise
loading...

Free Rent? 48% of DC-Area Rental Listings Offering a Concession

  • May 22nd

by UrbanTurf Staff

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.

concessions.png

"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.

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