Average Rent in 20016, Washington, DC

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Current Versus Historical 20016, Washington, DC Rents

20016 rentals average $0 for a studio rental to $5,400 for a 4-bedroom rental. The median price of all currently available listings is $3,962, or roughly $4 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $2,057 (-57.83%) year-over-year from $3,557 to $1,500. 1-bedroom rentals prices have increased by $897 (48.01%) year-over-year from $1,868 to $2,764. 2-bedroom rentals prices have increased by $1,447 (49.62%) year-over-year from $2,917 to $4,364. 3-bedroom rentals prices have increased by $1,107 (20.95%) year-over-year from $5,283 to $6,389. 4-bedroom rentals prices have decreased by $2,192 (-28.87%) year-over-year from $7,592 to $5,400. 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 3.86% this month. 1-bedroom rents have gone down by 3.89% this month. 2-bedroom rents have gone down by 2.23% this month. 3-bedroom rents have gone up by 6.99% this month. 4-bedroom rents have gone down by 19.80% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $3.70 $2,764 $1,868 (48.01%) $1,753 (57.67%)
2 BR $3.72 $4,364 $2,917 (49.62%) $2,369 (84.24%)
3 BR $4.18 $6,389 $5,283 (20.95%) $4,067 (57.11%)
4+ BR $4.41 $5,400 $7,592 (-28.87%) $6,525 (-17.24%)

Historical Rents in 20016, Washington, DC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 20016

There are a total of 9 cities nearby 20016. The average rent in 20016 is currently $2,452 per month. A total of 8 cities nearby have an average rent lower than that. Our records show that Silver Spring, MD, with an average rent of $2,165, is the most affordable city nearby. In contrast, the most expensive city near 20016, Washington, DC is McLean, VA. Monthly rents here are on average $5,500 per month.

Let's compare 20016, Washington, DC's rent against other top cities nearby by bedroom size. Typically, rent for studios in 20016, Washington, DC is inf% more affordable than other cities nearby. One bedrooms are about 26.97% more expensive. Two bedrooms in 20016, Washington, DC are about 45.36% more expensive. Finally, rent for three bedrooms are about 46.59% more expensive. Want more information? Check out the top 9 cities near 20016, Washington, DC in the following chart.
City Studio 1 Bed 2 Bed All
Silver Spring, MD $1,759 $2,099 $2,745 $2,165
Lake Ridge, VA N/A $1,865 $2,241 $2,221
Germantown, MD N/A $1,700 $2,000 $2,227
Alexandria, VA $1,933 $1,912 $2,556 $2,267
Lincolnia, VA N/A $2,036 $2,560 $2,452
Arlington, VA $2,050 $2,390 $3,347 $2,781
Washington, DC $1,948 $2,500 $3,400 $2,950
Bethesda, MD $2,293 $2,701 $3,850 $3,853
McLean, VA N/A $1,600 N/A $5,500

Top Neighborhoods Near 20016

There are a total of 9 neighborhoods in or near 20016. Some of these neighborhoods include Dupont Circle, Trinidad - Langston, and Columbia Heights. We've included all of these top 9 neighborhoods in or near 20016, Washington, DC in the following chart.

The average rent for these 9 neighborhoods in or near 20016, Washington, DC is currently around $3,024 per month. A total of 8 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near 20016, Dupont Circle has the most affordable average rent at $2,397 per month. Whereas, at $5,400 average rent per month, Georgetown is the most expensive neighborhood in or near 20016. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Dupont Circle, Washington, DC $2,130 $2,525 $3,900 $2,397
Trinidad - Langston, Washington, DC $2,050 $2,150 $2,975 $2,814
Columbia Heights, Washington, DC $2,000 $2,541 $3,398 $2,900
Logan Circle - Shaw, Washington, DC $2,188 $2,800 $3,375 $2,950
Crystal City Shops, Arlington, VA N/A $2,300 $3,337 $3,024
Foggy Bottom - GWU - West End, Washington, DC $2,359 $3,176 $5,550 $3,128
Capitol Hill, Washington, DC N/A $2,250 $3,200 $3,175
Cathedral - Wesley Heights - McLean Gardens, Washington, DC N/A $2,812 $4,684 $3,962
Georgetown, Washington, DC N/A $3,450 $4,500 $5,400

Top Counties Near 20016

There are a total of 9 counties located by 20016, Washington, DC. Some of these counties include Alexandria, VA, Prince George's, MD, and Arlington, VA. The average rent for rentals in these counties is $2,841. 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 $2,267. Vice versa, with an average rent of $2,950, District of Columbia, DC is the most expensive county by 20016, Washington, DC.

Typically, rent for studios in 20016, Washington, DC is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 20016, Washington, DC is 26.34% more expensive than other counties nearby. Finally, rent for two bedrooms in 20016, Washington, DC is 43.74% more expensive than other counties nearby. We've listed the top 6 counties in the chart below.
County Studio 1 Bed 2 Bed All
Alexandria, VA $1,933 $1,912 $2,556 $2,267
Prince George's, MD $3,475 $1,900 $2,000 $2,500
Arlington, VA $2,050 $2,390 $3,347 $2,781
Fairfax, VA $1,886 $1,999 $2,570 $2,900
Montgomery, MD $1,902 $2,109 $2,700 $2,944
District of Columbia, DC $1,948 $2,500 $3,400 $2,950

Top Zipcodes Near 20016

There are a total of 22 zipcodes in or near 20016, Washington, DC. The average rent for all of these zipcodes is $2,783. A total of 21 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 20020, Washington, DC at $2,000 per month. In comparison, the zipcode with the most expensive average rent of $5,400 per month is 20007, Washington, DC.

Studios in these zipcodes have an average rent of $1,886. 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 20016, Washington, DC is $2,358 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,314 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in 20016, 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 $2,550 $2,385 $3,138 $3,000
20001, Washington, DC $2,030 $2,625 $3,400 $3,000
22201, Arlington, VA $1,915 $2,373 $3,503 $2,574
22191, Marumsco, VA N/A $1,780 $2,145 $2,097
22312, Lincolnia, VA N/A $2,028 $2,558 $2,455
20020, Washington, DC $2,650 $1,512 $1,650 $2,000
20011, Washington, DC $1,285 $1,938 $2,700 $3,599
22202, Arlington, VA $2,232 $2,292 $3,329 $2,987
22311, Alexandria, VA N/A $1,799 $2,177 $2,024
22192, Lake Ridge, VA N/A $1,860 $2,241 $2,241

Frequently Asked Questions - 20016 Average Rents

What is the average rent price in 20016, Washington, DC?
The average monthly rental price for 20016, Washington, DC apartments for rent is approximately $3,962. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 20016, 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 20016, Washington, DC.
How much is a studio apartment in 20016, Washington, DC?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in 20016.
How much is a one bedroom apartment in 20016, Washington, DC?
The average monthly rental price for one bedroom apartments is $2,788 and an average price per square feet of $3.70. There are a total of 44 one bedroom apartment listings currently available for rent in 20016.
How much is a two bedroom apartment in 20016, Washington, DC?
The average monthly rental price for two bedroom apartments is $4,684 and an average price per square feet of $3.72. There are a total of 48 two bedroom apartment listings currently available for rent in 20016.
How have rent prices in 20016, Washington, DC changed this year?
Rent prices for rentals in 20016, Washington, DC can fluctuate yearly. Specifically, studio rental prices have changed by -0.58%, one bedroom rental prices have changed by 0.48%, two bedroom rental prices have changed by 0.50%, and three bedroom rental prices have changed by 0.21% year-over-year.
What is a reasonable rent price in 20016, Washington, DC?
A reasonable rent price in 20016, Washington, DC is around $3,170/month. You can search for these reasonably priced rental listings on RentHop.
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