What's Hot: The 4 Projects in the Works (Or on Hold) Near DC's Starburst Intersection | This Week's Find: Fit For Art in the Palisades
Studios to Two-Bedrooms: A Look at Rental Rates Across DC
An apartment at The Mission on 14th Street.
Analyses of apartment rents across the DC area are helpful in getting a general sense of the rental market, but they are often missing a critical metric that the everyday renter is looking for: the average rental rates by unit size for individual neighborhoods.
Apartments.com recently launched a new feature called Rental Market Snapshot, and the site provided UrbanTurf with a breakdown of rents by unit size for neighborhoods across the DC region as a supplement to the DC snapshot. Below is a table outlining average rents for studios, one-bedrooms and two-bedrooms in 11 DC area neighborhoods.
story continues belowloading...
story continues above
The table reveals that renters pay the highest premium, regardless of unit size, in Logan Circle, Shaw and Mount Vernon Triangle, and rents are lowest in Anacostia. The sample sizes for aggregate rents in Capitol Hill and Georgetown were too small to provide an accurate picture of rents in those neighborhoods. The snapshot reveals that rents across the city rose by just 1.4 percent between July 2014 and July 2015, thanks to an influx of supply.
The rental rates in the table above are weighted averages of market-rate apartment buildings with 5+ units that do not include student, senior, military, or corporate housing.
See other articles related to: logan circle, mount vernon triangle, renting, renting in dc, rents across dc, shaw
This article originally published at https://dc.urbanturf.com/articles/blog/studios_to_two-bedrooms_a_look_at_rental_rates_across_dc/10269.
Most Popular... This Week • Last 30 Days • Ever
Our guide for amateur landlords who don't really know what they're doing.... read »
The Massachusetts Avenue Heights home was previously owned by the former chief execut... read »
A large new apartment and townhouse project has been pitched for the growing pipeline... read »
With Dan and Tanya Snyder moving out of River View, the region may soon have a very e... read »
On Friday, Mayor Muriel Bowser and the Office of the Deputy Mayor for Planning and Ec... read »
Virginia's homebuyer assistance programs can seem complex. This edition of First-Time... read »
The residential projects that have sprouted up on the Maryland and DC sides of the Fr... read »
With a groundbreaking ceremony on Wednesday, the redevelopment of the Georgetown Wes... read »
The 23,600 square-foot mansion just hit the market, and would set a record if it fetc... read »
The immaculately kept 100-year-old house features six bedrooms and four-and-a-half ba... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... read »
- The Essential Guide to Being an Amateur Landlord in DC
- Washington Spirit Owner Michele Kang Lists DC Home for $14.5 Million
- A Two-Phase, 370-Unit Development Pitched For Columbia Pike Gas Station Site
- Will This Be the Most Expensive Home on the Market in the DC Area?
- Apartments, A Plaza + Dave Chapelle: The Future Plans for 14th and U
- First-Timer Primer: Virginia's Home Buyer Assistance Programs
- Mall Conversions, Trader Joes? The 1,500 Units in the Friendship Heights Pipeline
- The Four Seasons Private Residences in Georgetown Break Ground
- DC's Blaine Mansion Lists For $30 Million, A Potentially Record-Setting Price in the City
- Now Selling: A 16th Street Heights Victorian on an Island of Its Own
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!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro