Average Rent in 20002, Washington, DC

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Current Versus Historical 20002, Washington, DC Rents

20002 rentals average $1,940 for a studio rental to $5,675 for a 4-bedroom rental. The median price of all currently available listings is $3,196, or roughly $4 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $1,402 (-43.78%) year-over-year from $3,202 to $1,800. 1-bedroom rentals prices have decreased by $361 (-12.30%) year-over-year from $2,936 to $2,575. 2-bedroom rentals prices have decreased by $90 (-2.51%) year-over-year from $3,590 to $3,500. 3-bedroom rentals prices have increased by $418 (11.82%) year-over-year from $3,533 to $3,950. 4-bedroom rentals prices have increased by $839 (18.08%) year-over-year from $4,642 to $5,481. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 19.00% this month. 1-bedroom rents have gone down by 8.55% this month. 2-bedroom rents have gone down by 0.91% this month. 3-bedroom rents have gone up by 4.66% this month. 4-bedroom rents have gone up by 9.58% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.18 $1,800 $3,202 (-43.78%) $2,071 (-13.08%)
1 BR $3.80 $2,575 $2,936 (-12.30%) $1,909 (34.86%)
2 BR $3.60 $3,500 $3,590 (-2.51%) $2,490 (40.55%)
3 BR $3.64 $3,950 $3,533 (11.82%) $3,233 (22.18%)
4+ BR $2.64 $5,481 $4,642 (18.08%) $3,558 (54.03%)

Historical Rents in 20002, Washington, DC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 20002

There are a total of 6 cities nearby 20002. The average rent in 20002 is currently $2,515 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Alexandria, VA, with an average rent of $2,128, is the most affordable city nearby. In contrast, the most expensive city near 20002, Washington, DC is Bethesda, MD. Monthly rents here are on average $3,521 per month.

Let's compare 20002, Washington, DC's rent against other top cities nearby by bedroom size. Typically, rent for studios in 20002, Washington, DC is 1.11% more expensive than other cities nearby. One bedrooms are about 8.68% more expensive. Two bedrooms in 20002, Washington, DC are about 17.13% more expensive. Finally, rent for three bedrooms are about 17.95% more expensive. Want more information? Check out the top 6 cities near 20002, Washington, DC in the following chart.
City Studio 1 Bed 2 Bed All
Alexandria, VA N/A $1,786 $2,418 $2,128
Silver Spring, MD $1,797 $2,101 $2,704 $2,159
Lincolnia, VA N/A $1,939 $2,502 $2,391
Arlington, VA $2,098 $2,436 $3,301 $2,639
Washington, DC $2,040 $2,549 $3,818 $2,908
Bethesda, MD $2,102 $2,606 $3,521 $3,521

Top Neighborhoods Near 20002



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near 20002

Some of these counties include Alexandria, VA, Fairfax, VA, and Prince George's, MD. The average rent for rentals in these counties is $2,613. That's roughly around $2 per sqft. A total of 6 counties have a lower average rent. The county that is the most affordable is Alexandria, VA. It's average rent per month is $2,128. Vice versa, with an average rent of $2,908, District of Columbia, DC is the most expensive county by 20002, Washington, DC.

Typically, rent for studios in 20002, Washington, DC is 3.85% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 20002, Washington, DC is 17.12% more expensive than other counties nearby. Finally, rent for two bedrooms in 20002, Washington, DC is 28.86% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Alexandria, VA N/A $1,786 $2,418 $2,128
Fairfax, VA $1,835 $1,971 $2,523 $2,560
Prince George's, MD N/A $2,014 $2,500 $2,600
Montgomery, MD $1,896 $2,104 $2,632 $2,625
Arlington, VA $2,098 $2,436 $3,301 $2,639
District of Columbia, DC $2,040 $2,549 $3,818 $2,908

Top Zipcodes Near 20002

There are a total of 7 zipcodes in or near 20002, Washington, DC. The average rent for all of these zipcodes is $2,394. A total of 7 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 22311, Alexandria, VA at $1,958 per month. In comparison, the zipcode with the most expensive average rent of $2,814 per month is 20005, Washington, DC.

Studios in these zipcodes have an average rent of $1,725. That's at least $4 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 20002, Washington, DC is $2,318 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,138 per month. Which comes out to $3 per sqft. The following chart includes the top 7 zipcodes in 20002, Washington, DC. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
22201, Arlington, VA $1,985 $2,427 $3,300 $2,505
22312, Lincolnia, VA N/A $1,939 $2,502 $2,394
22202, Arlington, VA $2,399 $2,319 $3,138 $2,588
22311, Alexandria, VA N/A $1,768 $2,142 $1,958
20008, Washington, DC $1,677 $2,318 $3,446 $2,340
20005, Washington, DC $1,725 $2,754 $3,989 $2,814
20910, Silver Spring, MD $1,797 $2,101 $2,704 $2,159

Frequently Asked Questions - 20002 Average Rents

What is the average rent price in 20002, Washington, DC?
The average monthly rental price for 20002, Washington, DC apartments for rent is approximately $3,196. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 20002, Washington, DC rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 20002, Washington, DC.
How much is a studio apartment in 20002, Washington, DC?
The average monthly rental price for studio apartments is $1,940 and an average price per square feet of $4.18. There are a total of 5 studio apartment listings currently available for rent in 20002.
How much is a one bedroom apartment in 20002, Washington, DC?
The average monthly rental price for one bedroom apartments is $2,484 and an average price per square feet of $3.80. There are a total of 21 one bedroom apartment listings currently available for rent in 20002.
How much is a two bedroom apartment in 20002, Washington, DC?
The average monthly rental price for two bedroom apartments is $3,623 and an average price per square feet of $3.60. There are a total of 19 two bedroom apartment listings currently available for rent in 20002.
How have rent prices in 20002, Washington, DC changed this year?
Rent prices for rentals in 20002, Washington, DC can fluctuate yearly. Specifically, studio rental prices have changed by -0.44%, one bedroom rental prices have changed by -0.12%, two bedroom rental prices have changed by -0.03%, and three bedroom rental prices have changed by 0.12% year-over-year.
What is a reasonable rent price in 20002, Washington, DC?
A reasonable rent price in 20002, Washington, DC is around $2,557/month. You can search for these reasonably priced rental listings on RentHop.
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