Average Rent in 20037, Washington, DC

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Current Versus Historical 20037, Washington, DC Rents

20037 rentals average $2,023 for a studio rental to $18,500 for a 3-bedroom rental. The median price of all currently available listings is $3,000, or roughly $4 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 $162 (8.83%) year-over-year from $1,838 to $2,000. 1-bedroom rentals prices have increased by $429 (16.78%) year-over-year from $2,558 to $2,988. 2-bedroom rentals prices have decreased by $852 (-16.47%) year-over-year from $5,174 to $4,322. 3-bedroom rentals prices have increased by $14,018 (234.35%) year-over-year from $5,982 to $20,000. 4-bedroom rentals prices have increased by $83 (1.02%) year-over-year from $8,167 to $8,250. 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 5.49% this month. 1-bedroom rents have gone up by 3.94% this month. 2-bedroom rents have gone up by 3.08% this month. 3-bedroom rents have gone up by 96.08% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.55 $2,000 $1,838 (8.83%) $1,818 (10.03%)
1 BR $3.84 $2,988 $2,558 (16.78%) $2,555 (16.95%)
2 BR $3.90 $4,322 $5,174 (-16.47%) $4,020 (7.51%)
3 BR $6.50 $20,000 $5,982 (234.35%) $4,074 (390.88%)

Historical Rents in 20037, Washington, DC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 20037

There are a total of 5 cities nearby 20037. The average rent in 20037 is currently $2,810 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Alexandria, VA, with an average rent of $2,550, is the most affordable city nearby. In contrast, the most expensive city near 20037, Washington, DC is Bethesda, MD. Monthly rents here are on average $3,443 per month.

Let's compare 20037, Washington, DC's rent against other top cities nearby by bedroom size. Typically, rent for studios in 20037, Washington, DC is 1.43% more expensive than other cities nearby. One bedrooms are about 20.93% more expensive. Two bedrooms in 20037, Washington, DC are about 27.41% more expensive. Finally, rent for three bedrooms are about 80.54% more expensive. Want more information? Check out the top 5 cities near 20037, Washington, DC in the following chart.
City Studio 1 Bed 2 Bed All
Alexandria, VA $1,850 $2,149 $2,764 $2,550
Columbia, MD N/A $1,625 $2,275 $2,775
Arlington, VA $2,100 $2,372 $3,400 $2,810
Washington, DC $1,994 $2,400 $3,188 $2,895
Bethesda, MD $2,216 $2,633 $3,680 $3,443

Top Neighborhoods Near 20037

There are a total of 4 neighborhoods in or near 20037. Some of these neighborhoods include Dupont Circle, Columbia Heights, and Foggy Bottom - GWU - West End. We've included all of these top 4 neighborhoods in or near 20037, Washington, DC in the following chart.

The average rent for these 4 neighborhoods in or near 20037, Washington, DC is currently around $3,018 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $3,018. Interestingly, the neighborhoods' average rent is higher than 20037's average rent, which is only $3,000. Out of all the neighborhoods in or near 20037, Dupont Circle has the most affordable average rent at $2,250 per month. Whereas, at $3,554 average rent per month, Cathedral - Wesley Heights - McLean Gardens is the most expensive neighborhood in or near 20037. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Dupont Circle, Washington, DC $2,050 $2,363 $3,905 $2,250
Columbia Heights, Washington, DC N/A $2,200 $3,000 $3,000
Foggy Bottom - GWU - West End, Washington, DC $2,000 $3,037 $4,342 $3,037
Cathedral - Wesley Heights - McLean Gardens, Washington, DC $2,211 $2,895 $4,317 $3,554

Top Counties Near 20037

There are a total of 4 counties located by 20037, 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 $2,852. 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 $2,550. Vice versa, with an average rent of $3,000, Fairfax, VA is the most expensive county by 20037, Washington, DC.

Typically, rent for studios in 20037, Washington, DC is 6.77% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 20037, Washington, DC is 27.86% more expensive than other counties nearby. Finally, rent for two bedrooms in 20037, Washington, DC is 40.57% 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 $1,850 $2,149 $2,764 $2,550
Prince George's, MD $1,300 $1,550 $2,083 $2,695
Arlington, VA $2,100 $2,372 $3,400 $2,810
District of Columbia, DC $1,994 $2,400 $3,188 $2,895
Montgomery, MD $1,922 $2,180 $2,455 $2,950
Fairfax, VA $1,475 $1,900 $2,400 $3,000

Top Zipcodes Near 20037

There are a total of 3 zipcodes in or near 20037, Washington, DC. The average rent for all of these zipcodes is $2,556. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 20008, Washington, DC at $2,475 per month. In comparison, the zipcode with the most expensive average rent of $2,839 per month is 22314, Alexandria, VA.

Studios in these zipcodes have an average rent of $1,679. 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 20037, Washington, DC is $2,347 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,214 per month. Which comes out to $3 per sqft. The following chart includes the top 3 zipcodes in 20037, 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 $2,121 $2,347 $3,400 $2,556
22314, Alexandria, VA N/A $2,241 $3,013 $2,839
20008, Washington, DC $1,679 $2,436 $3,214 $2,475

Frequently Asked Questions - 20037 Average Rents

What is the average rent price in 20037, Washington, DC?
The average monthly rental price for 20037, Washington, DC apartments for rent is approximately $3,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 20037, 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 20037, Washington, DC.
How much is a studio apartment in 20037, Washington, DC?
The average monthly rental price for studio apartments is $2,023 and an average price per square feet of $4.55. There are a total of 12 studio apartment listings currently available for rent in 20037.
How much is a one bedroom apartment in 20037, Washington, DC?
The average monthly rental price for one bedroom apartments is $3,000 and an average price per square feet of $3.84. There are a total of 25 one bedroom apartment listings currently available for rent in 20037.
How much is a two bedroom apartment in 20037, Washington, DC?
The average monthly rental price for two bedroom apartments is $4,391 and an average price per square feet of $3.90. There are a total of 12 two bedroom apartment listings currently available for rent in 20037.
How have rent prices in 20037, Washington, DC changed this year?
Rent prices for rentals in 20037, Washington, DC can fluctuate yearly. Specifically, studio rental prices have changed by 0.09%, one bedroom rental prices have changed by 0.17%, two bedroom rental prices have changed by -0.16%, and three bedroom rental prices have changed by 2.34% year-over-year.
What is a reasonable rent price in 20037, Washington, DC?
A reasonable rent price in 20037, Washington, DC is around $2,400/month. You can search for these reasonably priced rental listings on RentHop.
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