Read the latest Yardi Matrix Washington DC multifamily market report.
Washington DC is the 4th largest multifamily market with 572,332 completed units and 234,440 units in development, 34,014 of which have already broken ground, as of September 2022.
Washington DC Multifamily Market Summary – September 2022
New lease asking rents are at $2,103, up 7.7%▲
from the previous year placing Washington DC
at 90th overall in year-over-year rent growth.
Washington DC Multifamily Market Summary – August 2022
New lease asking rents are at $2,102, up 8.6%▲
from the previous year placing Washington DC
at 87th overall in year-over-year rent growth.
Washington DC Multifamily Market Summary – July 2022
New lease asking rents are at $2,105, up 10.1%▲
from the previous year placing Washington DC at
83rd overall in year-over-year rent growth.
Washington DC Multifamily Market Summary – June 2022
New lease asking rents are at $2,083, up 10.6%▲
from the previous year placing Washington DC at
79th overall in year-over-year rent growth.
Washington DC Multifamily Market Summary – May 2022
New lease asking rents are at $2,038, up 10%▲
from the previous year placing Washington DC
at 90th overall in year-over-year rent growth.
Washington DC Multifamily Market Summary – April 2022
New lease asking rents are at $2,012, up 10.1%▲
from the previous year placing Washington DC at
89th overall in year-over-year rent growth.
Washington DC Multifamily Market Summary – March 2022
New lease asking rents are at $2,010, up 11.5%▲
from the previous year placing Washington DC at
71st overall in year-over-year rent growth.
Washington DC Multifamily Market Summary – February 2022
New lease asking rents are at $1,990, up 12.1%▲
from the previous year placing Washington DC
at 65th overall in year-over-year rent growth.
Washington DC Multifamily Market Summary – January 2022
New lease asking rents are at $1,983, up 11.4%▲
from the previous year placing Washington DC
at 73rd overall in year-over-year rent growth.
Washington DC Multifamily Market Summary – December 2021
New lease asking rents are at $1,958, up 9.6%▲
from the previous year placing Washington DC
at 78th overall in year-over-year rent growth.
