Markets & EconomyRentals

Apartment List releases May rent report for D.C.

Washington D.C.'s rent growth surpassed the national average in April
  • Over the past month, D.C. rents increased by 0.9 percent. This led to a year-over-year growth rate of 3.0 percent.
  • A two-bedroom in D.C. is renting for the median price of $3,000, with one-bedrooms at $2,170.
  • Foggy Bottom-GWU-West End continues to be D.C.'s most expensive neighborhood for renters.
  • The neighborhood experiencing the fastest rent increase in D.C. right now is H Street-NoMa.

Last week, Apartment List released its May rent report for Washington D.C, showing D.C. metro's rent growth surpassing that of the national average in April. D.C. rent growth higher than national average Over the past month, D.C. rents increased by 0.9 percent. This led to a year-over-year growth rate of 3 percent -- slightly higher than the nation's growth of 2.8 percent. A two-bedroom in D.C. is renting for the median price of $3,000, with one-bedrooms at $2,170. Most expensive neighborhood: Foggy Bottom-GWU-West End Foggy Bottom-GWU-West End continues to be D.C.'s most expensive neighborhood for renters. A two-bedroom in the neighborhood rents for a median price of $4,660, and one-bedrooms are at $2,810. Rents in this neighborhood increased by 5.4 percent in the past month and 6.1 percent in the past year overall. H Street-NoMa experiencing the fastest rent growth The neighborhood experiencing the fastest rent increase in D.C. right now is H Street-NoMa...