Since March 2017, the cost of a one-bedroom and two-bedroom apartment has risen in Washington, D.C. Currently, the city ranks as the fifth most expensive U.S. Metro area for renting, according to ABODO. The cities with the nation’s highest rents are San Francisco, New York City, and San Jose.
For the District, the median monthly rent of a one-bedroom apartment is $2,121 per month, a 1.14 percent month-over-month change. For two-bedrooms, the current median cost is $3,050 per month, a 2.66 percent month-over-month change.
On a national level, the median one-bedroom rent rose month-over-month to $1,012 per month, the highest cost since January 2017 when it was $1,016 per month.
• National Apartment Report: May 2017 [ABODO]