How Much Have DC-Area Apartment Rents Risen in the Last Year?
✉️ Want to forward this article? Click here.
The theme in both the national and DC-area rental market of late has been the steady rise in apartment rents over the last year. A new report sheds a bit more light on how much rents have risen at the top of the market.
Delta Associates released their second quarter Class A apartment report for the DC region this week. Class A apartments are typically large buildings built after 1991, with full amenity packages.
Below, UrbanTurf gathered data regarding what has happened with apartment rents around the region since last June.
story continues below
loading...story continues above
In most parts of the region, average monthly rents for apartments have risen above $2,200 a month. The area around Crystal City, Virginia saw rents jump 20% for Class A units since June 2021; Capitol Hill/Navy Yard (17%) and Alexandria and Upper Georgia Avenue (13%) are close behind when it comes to increases.
The table includes just a sample of rents around the region. Email us at editor(at)urbanturf.com if there is another submarket rent that you are interested in.
Note: The rents are an average of studios, one and two-bedroom rental rates at Class A high-rise buildings.
See other articles related to: apartments, class a apartments, dc apartment market, dc apartment rents, dc area rental market
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/how-much-have-dc-apartment-rents-risen-in-the-last-year/19900.
Most Popular... This Week • Last 30 Days • Ever
This article discusses the variety of rental restrictions that may exist in condomini... read »
Today, UrbanTurf takes a look at the office-to-residential conversions on the boards ... read »
The new project is just the latest affordable development to move forward in DC.... read »
The beautiful four-story property, with three renovated units offering more than $200... read »
The nearly 12,000 square-foot McLean house of the former Washington Nationals pitcher... read »
- Understanding Rental Restrictions in Condominiums
- A Look At The 9 Office-To-Residential Conversions On The Boards in DC
- 11-Story, 46-Unit Development Pitched For A Pair Of Downtown DC Rowhouses
- Elegant Dupont Circle Rowhouse, Boasting Huge Rental Income Potential, Hits the Market
- Stephen Strasburg's McLean Home Sells For $8.55 Million
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