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min read

Washington D.C. Market Rental Trends Report

Relocity's rental trends report shows you how the nation’s major rental markets stack up and reveals 2024 pricing trends.

Rental prices have steadily decreased over the last year with that trend continuing into 2024. The average rent in Washington, DC, is $2,390 which is 47% higher than the national average, making D.C. the 20th-most expensive rental market in the U.S. Location and amenities can cause significant variation in average rents within Washington, DC. Some neighborhoods are more expensive than others based on their proximity to employment hubs or tourist attractions. The median rent in Washington, D.C. is $2,408, +20% higher than the national average.

Alexandria, VA

Rental prices for 1BR- 3BR units have seen a steady increase while studio units have shown a slight decrease in the summer months. As many choose to seek housing outside of Washington, DC, due to price increases, many have chosen Alexandria to cut costs. The median rent price in Alexandria, VA for July 2024 is $2,127. This is 5.5% more than July 2023.

Apartment Options

Washington D.C.

Balsa

  • Studio/1ba
  • Sq Ft: 512
  • Rent: $2,144

WestEnd25

  • 1br/1ba
  • Sq Ft: 626
  • Rent: $2,790

7th Flats

  • 2br/1ba
  • Sq Ft: 1,087
  • Rent: $3,000

Varsity on K

  • 3br/1ba
  • Sq Ft: 1,174
  • Rent: $3,425

Alexandria, VA

Del Ray Tower at Fuse

  • Studio
  • Sq Ft: 426
  • Rent: $1,833

The Foundry

  • 1br/1ba
  • Sq Ft: 733
  • Rent: $2,131

1111 Belle Pre

  • 2br/2ba
  • Sq Ft: 827
  • Rent: $2,589

Contempo NOVA

  • 3br/2ba
  • Sq Ft: 1,384
  • Rent: $3,840

Relocity

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