The Zumper D.C.ย Metro Report analyzedย active listings inย December across 8 metro citiesย to showย the most and least expensive cities and cities with the fastest growing rents. The state medianย one bedroom rent was $1,507.
Cities Ranked By Rent
The Most Expensive
–Washington, DCย held onto its position as the most expensive rental market with one bedrooms priced at $2,340.
–Arlington, VAย outpaced Bethesda to rank as second priciest with rent at $2,150.
–Bethesda, MDย followed closely behind as third with rent at $2,110.
The Least Expensive
–Frederick, MDย rent fell 2.7% and continued to rank as the most affordable in the metro.
–Rockville, MDย was second with one bedrooms priced at $1,640.
โSilver Spring, MDย rent, only $20 more expensive than Rockville’s, ranked as the third least expensive at $1,660.
Growth Rate
The Fastest Growing (Y/Y%)
–Washington, DCย had the largest yearly rental growth rate in the metro, up 15.3%.
–Reston, VAย was second with rent climbing 11.8% since this time last year.
–Alexandria,ย VAย had the third fastest growing rent, increasing 9.6%.
The Fastest Growing (M/M%)
–Rockville, MDย was the only city in the metro with a large monthly growth rate, up 4.5%.
Full Data
1 Bedroom | 2 Bedrooms | ||||||
---|---|---|---|---|---|---|---|
Pos. | City | Price | M/M % | Y/Y % | Price | M/M % | Y/Y % |
1 | Atlanta | $1,430 | 2.10% | 6.70% | $1,850 | 3.40% | 9.50% |
2 | Sandy Springs | $1,260 | 1.60% | 0.80% | $1,500 | -1.30% | 2.00% |
3 | Alpharetta | $1,200 | 4.30% | -1.60% | $1,400 | 0.70% | -0.70% |
4 | Johns Creek | $1,190 | -1.70% | -0.80% | $1,410 | -0.70% | -2.80% |
5 | Dunwoody | $1,180 | 0.00% | 3.50% | $1,480 | -2.60% | 0.70% |
6 | Smyrna | $1,080 | 1.90% | -10.70% | $1,360 | 3.00% | 9.70% |
7 | Roswell | $1,050 | 5.00% | -6.30% | $1,210 | -2.40% | -3.20% |
8 | Marietta | $940 | 0.00% | 6.80% | $1,090 | 2.80% | 7.90% |
9 | Newnan | $890 | -1.10% | 2.30% | $930 | -1.10% | -6.10% |
10 | Norcross | $820 | -1.20% | 3.80% | $1,020 | 1.00% | 4.10% |
11 | Gainesville | $780 | 0.00% | 14.70% | $920 | -4.20% | 15.00% |
About
The Zumper DC Metroย Report analyzed active listings that hit the market inย December 2017. Listings are aggregated by cityย to calculate median asking rents.
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