The Zumper D.C. Metro Report analyzed active listings in January across 8 metro cities to show the most and least expensive cities and cities with the fastest growing rents. The state median one bedroom rent was $1,507.
Cities Ranked By Rent
The Most Expensive
–Washington, DC rent dropped $60 to $2,280 but continued to be the most expensive in the metro.
–Arlington, VA remained as second priciest with one bedrooms at $2,150.
–Bethesda, MD ranked as third with rent at $2,120.
The Least Expensive
–Frederick, MD rent grew $30 to $1,130 and continued to rank as the least expensive.
–Alexandria, VA dropped 2 spots, now behind Silver Spring and Rockville, to rank as the second least expensive city with rent at $1,680.
–Silver Spring, MD was third with one bedrooms priced at $1,700.
Growth Rate
The Fastest Growing (Y/Y%)
–Reston, VA had the fastest growing rent since this time last year, up 15.4%.
–Washington, DC rent had the second largest monthly growth rate, climbing 14.6%.
The Fastest Growing (M/M%)
–Rockville, MD, similar to last month, was the only city with a large monthly rental growth rate, increasing 4.3%.
Full Data
| 1 Bedroom | 2 Bedrooms | ||||||
|---|---|---|---|---|---|---|---|
| Pos. | City | Price | M/M % | Y/Y % | Price | M/M % | Y/Y % |
| 1 | Miami | $1,790 | 1.10% | -0.60% | $2,400 | -2.00% | -4.00% |
| 2 | Boca Raton | $1,780 | 1.70% | 14.80% | $1,850 | 1.10% | 1.10% |
| 3 | Miami Beach | $1,650 | 1.20% | -5.70% | $2,500 | -2.00% | -9.10% |
| 4 | Weston | $1,640 | 1.20% | 13.10% | $1,700 | -1.70% | -5.60% |
| 5 | Fort Lauderdale | $1,500 | 3.40% | 0.00% | $1,880 | 2.20% | -1.10% |
| 6 | Deerfield Beach | $1,450 | 1.40% | -3.30% | $1,560 | -2.50% | -14.80% |
| 6 | Miramar | $1,450 | 2.80% | 6.60% | $1,660 | 0.60% | 1.20% |
| 8 | Boynton Beach | $1,400 | 3.70% | 3.70% | $1,580 | 2.60% | -2.50% |
| 8 | Hialeah | $1,400 | 1.40% | 13.80% | $1,500 | 0.00% | 0.00% |
| 8 | Sunrise | $1,400 | 5.30% | 12.90% | $1,500 | -4.50% | 0.00% |
| 11 | Plantation | $1,390 | 0.70% | 11.20% | $1,530 | 2.00% | 2.00% |
| 12 | Davie | $1,380 | 5.30% | 14.00% | $1,460 | -0.70% | 0.70% |
| 13 | Hollywood | $1,370 | 1.50% | -0.70% | $1,600 | 0.00% | -11.10% |
| 14 | Pembroke Pines | $1,350 | 4.70% | 8.90% | $1,510 | 0.00% | 0.70% |
| 15 | West Palm Beach | $1,250 | 4.20% | 4.20% | $1,400 | 0.00% | 0.00% |
| 16 | Pompano Beach | $1,240 | 2.50% | 6.90% | $1,430 | 0.00% | -7.70% |
| 17 | Coral Springs | $1,230 | 2.50% | 7.00% | $1,390 | 2.20% | 2.20% |
| 18 | Homestead | $1,100 | 1.90% | 15.80% | $1,250 | 4.20% | 0.00% |
| 19 | Lauderhill | $1,090 | 4.80% | 11.20% | $1,250 | -3.80% | 0.00% |
About
The Zumper DC Metro Report analyzed active listings that hit the market in January 2018. Listings are aggregated by city to calculate median asking rents.
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