Rental market snapshot for Brightwood, Washington
Brightwood rental market summary
The rental market in Brightwood, District of Columbia is showing signs of growth. In July 2023, there were 34 new listings, a 10.5% increase from the previous month. This suggests that the rental market is becoming more competitive, as more people are looking for housing in the area. The median rent in July 2023 was $2,050, a 2.6% increase from the same time last year. This indicates that rental prices are on the rise, likely due to increased demand for housing in the area.
Overall, the rental market in Brightwood, District of Columbia is showing signs of growth. With more new listings and a steady increase in median rent, it appears that the rental market is becoming more competitive and that rental prices are on the rise. This could be a great opportunity for potential renters to find a place to call home in the area.
Median rent for all residential properties in Brightwood
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The most expensive listings and top trending buildings in Brightwood
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
1424 Longfellow St NW | $7,500 | 6 / 6.0 |
5521 Colorado Ave NW | $5,008 | 4 / 2.0 |
5721 13th St NW | $4,300 | 3 / 3.5 |
1220 Kennedy St NW | $4,200 | 3 / 2.5 |
1329 Sheridan St NW | $3,700 | 3 / 2.5 |
Top Trending Buildings
building name | avg rent price |
---|---|
Akelius Real Estate Management LLC | $2,053 |
Borger Management Inc | $1,750 |
WC Smith | $1,705 |
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Bedroom Breakdown in Brightwood
Brightwood neighborhood apartments rents
The rental market for studios in Brightwood, District of Columbia, remains relatively stable. In June 2023, there were two new studio listings, and the median rent for studios stayed the same as it was in May 2023 at $1,088. This indicates that the rental market for studios in Brightwood is not experiencing any significant changes in terms of rent prices.
The rental market for 1-bedroom apartments in Brightwood, District of Columbia, is showing signs of growth. In July 2023, there were 7 new 1-bedroom listings, and the median rent for 1-bedroom apartments increased by 3.1% from June 2023 to July 2023, from $1,800 to $1,855. This suggests that the rental market for 1-bedroom apartments in Brightwood is becoming more competitive, and renters should expect to pay more for their apartments in the near future.
The rental market for 2-bedroom apartments in Brightwood, District of Columbia, is showing signs of growth. In July 2023, there were two new 2-bedroom listings, and the median rent for these apartments increased by 34.4% from June 2023 to July 2023, from $1,579 to $2,122. This suggests that demand for 2-bedroom apartments in Brightwood is increasing, and that the rental market is becoming more competitive.