Rental market snapshot for Capitol Hill, Washington

Capitol Hill rental market summary

The rental market in Capitol Hill, District of Columbia, is showing signs of stability. In July 2023, there were 1,551 new listings, indicating that the market is still active. The median rent in July 2023 was $2,745, which is only 2.7% higher than the median rent in June 2023. This suggests that the rental market is not experiencing any significant fluctuations in prices. Furthermore, the median rent in July 2023 is only 1.1% higher than the median rent in July 2022, indicating that the rental market in Capitol Hill is relatively stable.

Overall, the rental market in Capitol Hill, District of Columbia, appears to be healthy and stable. The number of new listings is still high, and the median rent has only seen a slight increase over the past year. This suggests that the rental market in Capitol Hill is not experiencing any significant changes in prices or activity.

Median rent for all residential properties in Capitol Hill

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The most expensive listings and top trending buildings in Capitol Hill

Most Expensive Listings

AddressRent PriceBed / Bath
1205 Half St SE$8,4952 / 3.5
777 C St SE$7,9473 / 2.0
1220 3rd St NE$7,5002 / 2.0
777 C St SE$7,4782 / 2.0
777 C St SE$7,3362 / 2.0

Top Trending Buildings

building nameavg rent price
Sojourn DC$3,829
Zillow Rental Network$2,993
LCOR Incorporated$2,824
Mill Creek Residential Trust (new)$2,808
Brookfield Properties Multifamily LLC$2,781

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Bedroom Breakdown in Capitol Hill

Studio
$2,075
MEDIAN RENT
1 Bedroom
$2,526
MEDIAN RENT
2 Bedroom
$3,683
MEDIAN RENT

Capitol Hill neighborhood apartments rents

The rental market for studios in Capitol Hill, District of Columbia, is showing signs of growth. In July 2023, there were 84 new studio listings, a 2.3% increase from the median rent in June 2023. The median rent for studios in July 2023 was $2,075, a slight increase from the median rent in June 2023 of $2,029. This indicates that the rental market for studios in Capitol Hill is on the rise, and that renters should expect to pay slightly more for studios in the area.

The rental market for 1-bedroom apartments in Capitol Hill, District of Columbia, is showing signs of stability. In July 2023, there were 298 new 1-bedroom listings, with the median rent for 1-bedroom apartments increasing by only .6% from June 2023 to July 2023, from $2,510 to $2,526. This indicates that the rental market is not experiencing any significant changes in pricing, and is likely to remain stable in the near future.

The rental market for 2-bedroom apartments in Capitol Hill, District of Columbia, is showing signs of growth. In July 2023, there were 196 new 2-bedroom listings, a 2.4% increase in median rent from June 2023 to July 2023, and a median rent of $3,683. This indicates that the rental market for 2-bedroom apartments in Capitol Hill is becoming increasingly competitive, with more people looking to rent in the area and landlords raising their prices accordingly.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Capitol Hill is $2,745.
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