Average Rent in 20008, Washington, DC

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Current Versus Historical 20008, Washington, DC Rents

20008 rentals average $1,661 for a studio rental to $9,500 for a 4-bedroom rental. The median price of all currently available listings is $2,375, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $92 (5.92%) year-over-year from $1,558 to $1,650. 1-bedroom rentals prices have increased by $227 (11.20%) year-over-year from $2,023 to $2,250. 2-bedroom rentals prices have increased by $231 (6.90%) year-over-year from $3,344 to $3,575. 3-bedroom rentals prices have increased by $1,371 (28.39%) year-over-year from $4,829 to $6,200. 4-bedroom rentals prices have increased by $2,467 (35.07%) year-over-year from $7,033 to $9,500. 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 up by 1.97% this month. 1-bedroom rents have gone down by 8.72% this month. 2-bedroom rents have gone up by 5.93% this month. 3-bedroom rents have gone up by 14.11% this month. 4-bedroom rents have gone down by 1.72% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.50 $1,650 $1,558 (5.92%) $1,330 (24.09%)
1 BR $3.00 $2,250 $2,023 (11.20%) $1,785 (26.09%)
2 BR $2.99 $3,575 $3,344 (6.90%) $3,067 (16.55%)
4+ BR $2.48 $9,500 $7,033 (35.07%) $6,225 (52.61%)

Historical Rents in 20008, Washington, DC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 20008

There are a total of 6 cities nearby 20008. The average rent in 20008 is currently $2,482 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Silver Spring, MD, with an average rent of $2,163, is the most affordable city nearby. In contrast, the most expensive city near 20008, Washington, DC is Bethesda, MD. Monthly rents here are on average $3,739 per month.

Let's compare 20008, Washington, DC's rent against other top cities nearby by bedroom size. Typically, rent for studios in 20008, Washington, DC is 9.06% more affordable than other cities nearby. One bedrooms are about 2.88% more expensive. Two bedrooms in 20008, Washington, DC are about 12.34% more expensive. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 6 cities near 20008, Washington, DC in the following chart.
City Studio 1 Bed 2 Bed All
Silver Spring, MD $1,697 $2,104 $2,736 $2,163
Alexandria, VA N/A $1,907 $2,459 $2,250
Lincolnia, VA N/A $1,948 $2,487 $2,381
Arlington, VA $1,926 $2,412 $3,300 $2,583
Washington, DC $2,022 $2,500 $3,692 $2,992
Bethesda, MD $2,088 $2,435 $3,925 $3,739

Top Neighborhoods Near 20008

There are a total of 2 neighborhoods in or near 20008. We've included all of these top 2 neighborhoods in or near 20008, Washington, DC in the following chart.

The average rent for these 2 neighborhoods in or near 20008, Washington, DC is currently around $2,964 per month. Meaning, only two neighborhoods have a higher average rent than $2,964. Interestingly, the neighborhoods' average rent is higher than 20008's average rent, which is only $2,375. Out of all the neighborhoods in or near 20008, Logan Circle - Shaw has the most affordable average rent at $2,941 per month. Whereas, at $2,988 average rent per month, Columbia Heights is the most expensive neighborhood in or near 20008. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Logan Circle - Shaw, Washington, DC N/A $2,764 $3,984 $2,941
Columbia Heights, Washington, DC $2,111 $2,592 $4,159 $2,988

Top Counties Near 20008

There are a total of 2 counties located by 20008, Washington, DC. Some of these counties include Alexandria, VA, Arlington, VA, and Prince George's, MD. The average rent for rentals in these counties is $2,629. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Alexandria, VA. It's average rent per month is $2,250. Vice versa, with an average rent of $2,992, District of Columbia, DC is the most expensive county by 20008, Washington, DC.

Typically, rent for studios in 20008, Washington, DC is 8.77% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 20008, Washington, DC is 11.84% more expensive than other counties nearby. Finally, rent for two bedrooms in 20008, Washington, DC is 25.25% 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 $1,907 $2,459 $2,250
Arlington, VA $1,926 $2,412 $3,300 $2,583
Prince George's, MD $1,300 $1,989 $2,150 $2,600
Fairfax, VA $1,689 $1,976 $2,490 $2,657
Montgomery, MD $1,925 $2,111 $2,657 $2,705
District of Columbia, DC $2,022 $2,500 $3,692 $2,992

Top Zipcodes Near 20008

There are a total of 10 zipcodes in or near 20008, Washington, DC. The average rent for all of these zipcodes is $2,575. A total of 2 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 $2,013 per month. In comparison, the zipcode with the most expensive average rent of $3,200 per month is 20001, Washington, DC.

Studios in these zipcodes have an average rent of $1,819. 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 20008, Washington, DC is $2,394 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,375 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in 20008, Washington, DC. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
20002, Washington, DC $2,010 $2,420 $3,518 $3,051
20001, Washington, DC $2,008 $2,812 $3,813 $3,200
22201, Arlington, VA $1,921 $2,420 $3,490 $2,507
22312, Lincolnia, VA N/A $1,948 $2,484 $2,386
22202, Arlington, VA $2,146 $2,311 $3,260 $2,644
22311, Alexandria, VA N/A $1,771 $2,185 $2,013
20009, Washington, DC $2,195 $2,592 $4,205 $2,958
22314, Alexandria, VA N/A $2,368 $2,968 $2,503
20005, Washington, DC $1,718 $2,760 $4,039 $2,800
20910, Silver Spring, MD $1,697 $2,104 $2,756 $2,162

Frequently Asked Questions - 20008 Average Rents

What is the average rent price in 20008, Washington, DC?
The average monthly rental price for 20008, Washington, DC apartments for rent is approximately $2,375. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 20008, 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 20008, Washington, DC.
How much is a studio apartment in 20008, Washington, DC?
The average monthly rental price for studio apartments is $1,661 and an average price per square feet of $3.50. There are a total of 8 studio apartment listings currently available for rent in 20008.
How much is a one bedroom apartment in 20008, Washington, DC?
The average monthly rental price for one bedroom apartments is $2,325 and an average price per square feet of $3.00. There are a total of 35 one bedroom apartment listings currently available for rent in 20008.
How much is a two bedroom apartment in 20008, Washington, DC?
The average monthly rental price for two bedroom apartments is $3,443 and an average price per square feet of $2.99. There are a total of 8 two bedroom apartment listings currently available for rent in 20008.
How have rent prices in 20008, Washington, DC changed this year?
Rent prices for rentals in 20008, Washington, DC can fluctuate yearly. Specifically, studio rental prices have changed by 0.06%, one bedroom rental prices have changed by 0.11%, two bedroom rental prices have changed by 0.07%, and three bedroom rental prices have changed by 0.28% year-over-year.
What is a reasonable rent price in 20008, Washington, DC?
A reasonable rent price in 20008, Washington, DC is around $1,900/month. You can search for these reasonably priced rental listings on RentHop.
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