Home | Newsletter | Advertise
loading...

The $575 Roommate Savings in DC

  • February 22nd

by UrbanTurf Staff

two-bed-dc-550.jpeg
A two-bedroom rental in Dupont Circle. 

A new RentHop analysis shows that renters in DC who opt to have a roommate rather than rent a one-bedroom save $575 a month.

"Currently, the median two-bedroom rents for $2,850/month, while the median one-bedroom rent is $2,000," RentHop found. "This means renters with roommates would each pay $1,425 a month in rent."

In general, the more expensive housing is in a metro area, the more one saves by having a roommate. In pricier markets like New York, renters can save approximately $1,300 a month with a roommate. 

The median one-bedroom and two-bedroom rents for this study were calculated based on RentHop listings created between August 2022 and January 2023. Only unfurnished units were included in the analysis.

This article originally published at https://dc.urbanturf.com/articles/blog/the_575_roommate_savings_in_dc/20659.

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