Real Estate

These Are the Most Expensive Places to Rent in Washington

Plus, the biggest construction zones and how DC rents compare to other cities.
Photograph of living room courtesy of The Hepburn.

They’re rising, for the oldest reason of all: supply and demand. More leases are being signed than new apartments being built. But that may change. In the next 12 months, according to the real-estate research firm Delta Associates, 13,000 units will hit the market, and only 10,000 or 11,000 will be filled. The bigger supply should mean stagnating rents—at least for a while. Still, Washington likely won’t feel cheap anytime soon. Here’s what’s coming, and where you’ll pay the most.

Biggest Rent Checks

Washington’s six most expensive rental markets:

Biggest Rent Checks
Source: Delta Associates. Graphic by Manyun Zou.

Biggest Construction Zones

The six places with the most apartments being built:

Number of individual units under construction or planned for the next 36 months. Source: Delta Associates. Graphic by Manyun Zou.
Number of individual units under construction or planned for the next 36 months. Source: Delta Associates. Graphic by Manyun Zou.

How the District Stacks Up

It could be worse:

How the District Stacks Up
Average rents per city. Source: CoStar Realty Information. Graphic by Manyun Zou.

This article appears in our September 2016 issue of Washingtonian.

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