Average Rent in 20008, Washington, DC

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Current Versus Historical 20008, Washington, DC Rents

20008 rentals average $1,737 for a studio rental to $9,388 for a 4-bedroom rental. The median price of all currently available listings is $2,472, or roughly $3 per square feet.
For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $51 (2.95%) year-over-year from $1,719 to $1,770. 1-bedroom rentals prices have increased by $264 (12.22%) year-over-year from $2,158 to $2,422. 2-bedroom rentals prices have increased by $587 (19.20%) year-over-year from $3,057 to $3,644. 3-bedroom rentals prices have decreased by $3,540 (-47.20%) year-over-year from $7,500 to $3,960. 4-bedroom rentals prices have decreased by $1,861 (-18.14%) year-over-year from $10,258 to $8,398. 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 6.29% this month. 1-bedroom rents have gone up by 6.06% this month. 2-bedroom rents have gone up by 10.20% this month. 3-bedroom rents have gone down by 14.01% this month. 4-bedroom rents have gone up by 5.87% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.41 $1,770 $1,719 (2.95%) $1,456 (21.50%)
1 BR $3.17 $2,422 $2,158 (12.22%) $2,021 (19.84%)
2 BR $3.25 $3,644 $3,057 (19.20%) $3,062 (19.00%)
4+ BR $2.88 $8,398 $10,258 (-18.14%) $6,100 (37.66%)

Historical Rents in 20008, Washington, DC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 20008

There are a total of 5 cities nearby 20008. The average rent in 20008 is currently $2,900 per month. Our records show that Alexandria, VA, with an average rent of $2,588, 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 $3,498 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 15.14% more affordable than other cities nearby. One bedrooms are about 1.89% more affordable. Two bedrooms in 20008, Washington, DC are about 3.03% more expensive. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 5 cities near 20008, Washington, DC in the following chart.
City Studio 1 Bed 2 Bed All
Alexandria, VA $1,700 $2,209 $2,800 $2,588
Arlington, VA $2,100 $2,395 $3,378 $2,712
Washington, DC $2,000 $2,399 $3,200 $2,900
Rockville, MD N/A $1,941 $2,436 $3,070
Bethesda, MD $2,194 $2,659 $3,730 $3,498

Top Neighborhoods Near 20008

There are a total of 3 neighborhoods in or near 20008. Some of these neighborhoods include Columbia Heights, Foggy Bottom - GWU - West End, and Cathedral - Wesley Heights - McLean Gardens. We've included all of these top 3 neighborhoods in or near 20008, Washington, DC in the following chart.

The average rent for these 3 neighborhoods in or near 20008, Washington, DC is currently around $3,386 per month. Meaning, only three neighborhoods have a higher average rent than $3,386. Interestingly, the neighborhoods' average rent is higher than 20008's average rent, which is only $2,472. Out of all the neighborhoods in or near 20008, Columbia Heights has the most affordable average rent at $3,095 per month. Whereas, at $3,554 average rent per month, Cathedral - Wesley Heights - McLean Gardens is the most expensive neighborhood in or near 20008. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Columbia Heights, Washington, DC N/A $2,200 $3,000 $3,095
Foggy Bottom - GWU - West End, Washington, DC $2,000 $3,371 $4,524 $3,386
Cathedral - Wesley Heights - McLean Gardens, Washington, DC $2,050 $2,901 $4,554 $3,554

Top Counties Near 20008

There are a total of 3 counties located by 20008, 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 $2,806. That's roughly around $2 per sqft. The county that is the most affordable is Alexandria, VA. It's average rent per month is $2,588. Vice versa, with an average rent of $3,000, Fairfax, VA is the most expensive county by 20008, Washington, DC.

Typically, rent for studios in 20008, Washington, DC is 0.96% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 20008, Washington, DC is 6.21% more expensive than other counties nearby. Finally, rent for two bedrooms in 20008, Washington, DC is 19.70% 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 $1,700 $2,209 $2,800 $2,588
Prince George's, MD $1,300 $1,583 $2,061 $2,700
Arlington, VA $2,100 $2,395 $3,378 $2,712
District of Columbia, DC $2,000 $2,399 $3,200 $2,900
Montgomery, MD $1,808 $2,200 $2,500 $2,950
Fairfax, VA $1,450 $1,900 $2,431 $3,000

Top Zipcodes Near 20008

There are a total of 2 zipcodes in or near 20008, Washington, DC. The average rent for all of these zipcodes is $2,713.

The following chart includes the top 2 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
22201, Arlington, VA $2,118 $2,391 $3,375 $2,625
22314, Alexandria, VA N/A $2,332 $3,075 $2,800

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 $2,472. 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 $1,737 and an average price per square feet of $3.41. There are a total of 9 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 $2,351 and an average price per square feet of $3.17. There are a total of 40 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 $3,300 and an average price per square feet of $3.25. There are a total of 11 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 0.03%, one bedroom rental prices have changed by 0.12%, two bedroom rental prices have changed by 0.19%, and three bedroom rental prices have changed by -0.47% year-over-year.
What is a reasonable rent price in 20008, Washington, DC?
A reasonable rent price in 20008, Washington, DC is around $1,978/month. You can search for these reasonably priced rental listings on RentHop.
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