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 Construction Zones
The six places with the most apartments being built:
How the District Stacks Up
It could be worse:
This article appears in our September 2016 issue of Washingtonian.