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D.C. Metro Report: February 2018

The Zumper D.C. Metro Report analyzed active listings in January across 8 metro cities to show the most and least expensive cities and cities with the Fastest Growing rents. The state median one bedroom rent was $1,507.

Cities Ranked By Rent

Slide05

The Most Expensive

–Washington, DC rent dropped $60 to $2,280 but continued to be the most expensive in the metro.

–Arlington, VA remained as second priciest with one bedrooms at $2,150.

–Bethesda, MD ranked as third with rent at $2,120.

The Least Expensive

–Frederick, MD rent grew $30 to $1,130 and continued to rank as the least expensive.

–Alexandria, VA dropped 2 spots, now behind Silver Spring and Rockville, to rank as the second least expensive city with rent at $1,680.

–Silver Spring, MD was third with one bedrooms priced at $1,700.

Growth Rate

Slide06

The Fastest Growing (Y/Y%)

–Reston, VA had the fastest growing rent since this time last year, up 15.4%.

–Washington, DC rent had the second largest monthly growth rate, climbing 14.6%.

The Fastest Growing (M/M%)

–Rockville, MD, similar to last month, was the only city with a large monthly rental growth rate, increasing 4.3%.DCFeb

Full Data

  1 Bedroom  2 Bedrooms  
Pos.CityPriceM/M %Y/Y %PriceM/M %Y/Y %
1Washington$2,280-2.60%14.60%$2,950-1.70%12.20%
2Arlington$2,1500.00%-8.50%$2,8001.80%-12.50%
3Bethesda$2,1200.50%-5.80%$3,1001.00%2.60%
4Reston$1,9502.60%15.40%$2,4300.80%15.70%
5Rockville$1,7104.30%0.00%$2,1005.00%-2.30%
6Silver Spring$1,7002.40%-1.20%$2,0200.50%-1.90%
7Alexandria$1,680-2.30%6.30%$2,030-5.10%8.00%
8Frederick$1,1302.70%6.60%$1,3000.80%6.60%

About

The Zumper DC Metro Report analyzed active listings that hit the market in January 2018. Listings are aggregated by city to calculate median asking rents.

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The post D.C. Metro Report: February 2018 appeared first on The Zumper Blog.



This post first appeared on The Zumper Blog | Rental Market Trends, Real Estat, please read the originial post: here

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D.C. Metro Report: February 2018

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