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UT Reader Asks: Are DC Residents Seeing Big Rent Hikes in 2012?

  • March 13, 2012

by UrbanTurf Staff

UT Reader Asks: Are DC Residents Seeing Big Rent Hikes in 2012?: Figure 1

In this week’s installment of UrbanTurf Reader Asks, a DC resident whose building is increasing his rent significantly wonders if other renters in the city are experiencing a similar hike.

I was wondering what kind of rent hikes UrbanTurf readers are seeing in 2012. I live in a building in Mount Vernon Triangle, and just received my 2012 rent renewal offer. I was shocked to see an 8 percent hike on top of a healthy 5 percent increase last year. Meanwhile, apartment inventory is going up through the roof in this area! I intend on negotiating with the building, but was just curious if any others are seeing significant increases.

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See other articles related to: urbanturf reader asks, renting in dc, rent increase

This article originally published at http://dc.urbanturf.com/articles/blog/ut_reader_asks_are_dc_residents_seeing_big_hikes_in_rent_in_2012/5279

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