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The $575 Roommate Savings in DC

  • February 22nd 2023

by UrbanTurf Staff

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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 http://dc.urbanturf.production.logicbrush.com/articles/blog/the_575_roommate_savings_in_dc/20659.

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