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D.C. Falls from Fourth to Sixth Priciest Metro Area for Renting

Earlier this year, Washington, D.C. was ranked as the fourth most expensive Metro area in the nation for renting by real estate research website Zumper with city-wide median rents for a one-bedroom apartment at $2,000/month. Since then, rents in the District have risen (now $2,080/month), but they haven't risen as fast as other cities. Both San Jose and Oakland have surpassed Washington, D.C., causing the nation's capital to fall to sixth place. While this might seem like a cause for celebration, it's still good to keep in mind that 25 percent of D.C. renters spend more than half of their income on rent. Zumper further reported that only 10 percent of the 50 largest U.S. cities by population saw rent decreases this past year. If interested in finding out which areas of Washington, D.C. have the cheapest and most expensive rents, be sure to check out this map released in September 2015 from Zumper.

· Zumper National Rent Report: November 2015 [Zumper]
· Foggy Bottom is the Most Expensive Nabe to Rent in Right Now [Curbed DC]
· Mapping the Cheapest and Most Expensive Places to Rent in Washington, D.C. Right Now [Curbed DC]
· Washington, D.C. Has the Fourth Highest Rents in the Nation [Curbed DC]