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D.C. becomes fourth most expensive U.S. rental market

The price of apartments have jumped roughly 3 percent month-over-month

Washington, D.C. rents are getting higher and higher, according to Zumper’s latest report.

Out of the top 10 most expensive rental markets in the U.S., Washington, D.C. was the only one to experience increases for both one- and two-bedrooms. The District also rose from sixth place to fourth place in terms of Metro areas with most expensive rents in the nation.

For one-bedrooms, they currently cost a median $2,200 per month. For two-bedrooms, the cost is $3,080 per month. When comparing D.C. neighborhoods, Zumper reported that Georgetown is the priciest with a median rent of $2,700 per month. After Georgetown, the most expensive neighborhoods are Dupont Circle, Logan Circle/Shaw, and Mt. Vernon Square, in order from most to least expensive.