Washington D.C. ended the year as the 6th most expensive city to rent in the nation. The price of one bedroom units dropped 3.2% overall in the past year.
With an increase of 13% since this time last year, Kingman Park had the biggest rent spike this December. Southwest Waterfront (+10%) and U Street Cardozo (+8%) had the next fastest growing rents.
On the other end of the spectrum, Radnor – Fort Myer Heights had the biggest decrease in rent, down 13% since this time last year. Eckington, down 10%, and Brentwood – Langdon, down 9%, had the next biggest yearly price drops.
If you’re interested to see how these changes compare to the rest of the United States, view our December National Rent Report, which analyzes over 1 million active listings available in the month prior to publication.
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