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The Rising Cost of a Two-Bedroom Rental Around the DC Area

  • July 11th 2024

by UrbanTurf Staff

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A two-bedroom apartment in DC. 

A report out this week sheds light on how much rental rates for two-bedroom apartments in the DC region have risen over the last year. 

The new report from RentHop finds that the median rent for a two-bedroom in the DC region is approximately $2,690/month, 3.6% higher than a year ago. The report, which analyzes rents for unfurnished two-bedroom apartments within half a mile of area Metro stations, also found that two-bedroom rents are up at 82 local Metro stops. 

Below, we highlight the median two-bedroom rents near a selection of DC-area Metro stops:

  • Clarendon -- $3,250/month, up 1%
  • Virginia Square -- $3,300/month, up 4.5%
  • Union Station -- $3,125/month, down 6.7%
  • Bethesda -- $3,379/month, up 13%
  • Foggy Bottom -- $4,100/month, up 2.5%
  • Congress Heights -- $1,600/month, down 5.8%
  • Crystal City -- $3,325/month, up 9.2%
  • Woodley Park -- $3,625/month, up 5%
  • Van Ness -- $3,511/month, up 0.75%

RentHop's report gathers median rent data for two-bedroom units advertised on their site within a half-mile of Metro stations, comparing rates from May through July 2023 to the same period in 2024.

See other articles related to: dc apartment market, dc apartment rents

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/the_rising_cost_of_a_two-bedroom_rental_around_the_dc_area/22504.

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