How many apartments are available in 20016 on Rentable.co?

Rentable.co has 33 apartments available for rent in 20016.

What is the average rent for an apartment in 20016?

The average rent for an apartment in 20016 is around $2,160 per month.

What is the average rent for a one-bedroom apartment in 20016?

The average rent for a one-bedroom apartment in 20016 is around $2,125 per month.

What is the average rent for a studio apartment in 20016?

The average rent for a studio apartment in 20016 is around $1,742 per month.

What is the average rent for a two-bedroom apartment in 20016?

The average rent for a two-bedroom apartment in 20016 is around $3,657 per month.

Apartments in 20016

Washington:
November Rent Report

Welcome to the November 2024 Washington Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Washington rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Washington and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Washington average rent prices in the chart below.

Monthly Rent Report

$3,400

$2,550

$1,700

$850

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

1 BR 2 BR

Washington Rent Prices Decrease From October to November

Washington rent prices decreased over the last month. From October to November, the city experienced a -0.38% decrease for the price of a one-bedroom apartment. The rent price for a Washington one-bedroom apartments currently stands at $2,354.0.

When we take a look at the two-bedroom comparison from October to November, Washington experienced a -0.69% decrease for the price of a two-bedroom apartment. The rent price for a Washington two-bedroom apartments currently stands at $3,320.0.

November Prices: Washington vs. Surrounding Areas

Herndon, VA

Arlington, VA

Washington, DC

Fairfax, VA

Gaithersburg, MD

Alexandria, VA

Silver Spring, MD

Laurel, MD

$2,611

$2,459

$2,363

$2,237

$1,932

$1,842

$1,797

$1,560

$850

$1,700

$2,550

$3,400

Median 1 BR Rent

Rent Prices in Washington and Surrounding Areas

Rent prices have decreased in Washington over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 4 of the Washington suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rent increased in Alexandria, VA, Arlington, VA, Laurel, MD, Herndon, VA .
Rent decreased in Silver Spring, MD, Fairfax, VA, Gaithersburg, MD.
2 suburbs are currently priced higher than the city of Washington.
5 suburbs are currently priced lower than the city of Washington.

November 2024 Pricing Trends: Washington vs. National Comparisons

New York, NY

San Francisco, CA

Los Angeles, CA

Washington, DC

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,211

$3,115

$2,373

$2,354

$1,903

$1,338

$1,246

$1,202

$1,400

$2,800

$4,200

$5,600

Median Rent

Washington Rent Prices More Affordable Than Major Cities

Rent growth in Washington over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Washington average rent prices appear to be relatively affordable for local residents.

The price for a Washington one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Washington and surrounding area rent prices, take a look at the complete data set below.

Data set for Washington and suburbs

	1 BR November	1 BR M/M % Change	2 BR November	2 BR M/M % Change
Washington, DC	$2,363.0	-0.08%	$3,343.0	0.57%
Alexandria, VA	$1,842.0	2.28%	$2,347.0	1.56%
Arlington, VA	$2,459.0	0.49%	$3,369.0	0.75%
Silver Spring, MD	$1,797.0	-0.39%	$2,014.0	-0.15%
Fairfax, VA	$2,237.0	0.00%	$2,643.0	-1.60%
Laurel, MD	$1,560.0	0.06%	$1,815.0	0.06%
Herndon, VA	$2,611.0	1.24%	$2,742.0	-3.89%
Gaithersburg, MD	$1,932.0	-1.08%	$2,515.0	-0.24%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.