What's Hot: Douglas Development Files PUD For Large Warehouse At New City Site Along New York Avenue
Free Rent? 48% of DC-Area Rental Listings Offering a Concession
✉️ Want to forward this article? Click here.
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
![First-Timer Primer: Tax Relief for DC Homeowners](https://assets.urbanturf.com/dc/images/blog/2013/02/Homestead_Exemption_280.jpg)
When you buy a home in the District, you will have to pay property taxes along with y... read »
![A 127-Unit Luxury Condo Building In The Works For Downtown DC](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/950%203rd%20Street%20Dusk%20EXT_image_560x420.jpg)
The largest condominium building in downtown DC in recent memory is currently under c... read »
![HPO Recommends Approval For 160-Unit Office-To-Residential Conversion in Dupont Circle](https://assets.urbanturf.com/dc/images/blog/2024/06/resized/1201-Conn_image_560x420.jpg)
The plan to convert a Dupont Circle office building into a residential development ap... read »
![Beautifully Constructed Condominium in The Bridge District is Now 50% Sold](https://assets.urbanturf.com/dc/images/blog/2024/07/Riviere%20article/resized/2305%20Nicholson%20St%20SE%20405-0003_image_560x420.jpg)
The Rivière includes just 20 homes located on the eastern banks of the Anacostia Riv... read »
![Monday's Must Reads](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/bubble_image_560x420.jpg)
Why Tyra Banks is serving ice cream in DC; a bike shop/record store opens in Adams Mo... 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