For this first half of 2017, rents in Washington, D.C. seem to be staying roughly the same. ABODO reported that the median one-bedroom apartment costs $2,241, a 3 percent month-over-month change. For two-bedrooms, the median cost totals $3,050 per month, which is a 0.6 percent month-over-month decrease. With this, D.C. ranks as the fifth most expensive city for renting in the nation, below San Francisco, New York City, San Jose, and Boston.
While analyzing data from January 2017 to July 2017, ABODO further reported that the national median monthly rent fluctuated in March, but has ended pretty much where it began in the beginning of the year, at $1,016.
Across the U.S., the biggest increases in rent occurred in South Carolina (7.3 percent) and Maine (7.3 percent), while the biggest decreases occurred in Utah (-4.3 percent) and Oklahoma (-3.3 percent).
For more stats on different cities across the U.S., be sure to check out ABODO’s full report.
• National Rent Trends For the First Six Months of 2017 [ABODO]