Rental market snapshot for Chevy Chase, Washington

Chevy Chase rental market summary

The rental market in Chevy Chase, District of Columbia is showing signs of growth. In July of 2023, there were 168 new listings, a significant increase from the previous month. The median rent for the area also increased from $2,343 in June of 2023 to $2,498 in July of 2023, a 6.6% increase. This is a significant increase from the median rent of $2,132 in July of 2022, a 17.2% increase.

These figures indicate that the rental market in Chevy Chase, District of Columbia is growing at a steady rate. With more new listings and an increase in median rent, it is likely that the rental market in the area will continue to grow in the coming months. This is good news for both landlords and tenants, as it means that there will be more options available and that rental prices will remain competitive.

Median rent for all residential properties in Chevy Chase

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The most expensive listings and top trending buildings in Chevy Chase

Most Expensive Listings

AddressRent PriceBed / Bath
4000 Wisconsin Ave NW$5,7502 / 2.0
4000 Wisconsin Ave NW$5,5752 / 2.0
4000 Wisconsin Ave NW$4,6352 / 2.0
4000 Wisconsin Ave NW$4,5752 / 2.0
4000 Wisconsin Ave NW$4,4152 / 2.0

Top Trending Buildings

building nameavg rent price
AIMCO$3,249
Horning$2,143
ROSS Companies$2,143
Bernstein Management Corp.$2,001
Elme Communities$1,948

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Bedroom Breakdown in Chevy Chase

Studio
$1,755
MEDIAN RENT
1 Bedroom
$2,185
MEDIAN RENT
2 Bedroom
$4,415
MEDIAN RENT

Chevy Chase neighborhood apartments rents

The rental market for studios in Chevy Chase, District of Columbia, is showing signs of improvement. In July 2023, there were 13 new studio listings, and the median rent decreased by 5.9% from June 2023 to July 2023, from $1,865 to $1,755. This suggests that the rental market is becoming more competitive, with more options available for renters.

The rental market for 1-bedroom apartments in Chevy Chase, District of Columbia is showing signs of growth. In July 2023, there were 23 new 1-bedroom listings, a 6.3% increase in median rent from June 2023 to July 2023, and a median rent of $2,185. This indicates that the rental market is becoming more competitive and that demand for 1-bedroom apartments is increasing.

The rental market for 2-bedroom apartments in Chevy Chase, District of Columbia is showing signs of growth. In July 2023, there were 13 new 2-bedroom listings, a 44.8% increase in median rent from June 2023 to July 2023, and a median rent of $4,415. This indicates that the rental market for 2-bedroom apartments in Chevy Chase is becoming increasingly competitive, with more people looking to rent and higher prices being charged.

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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 Chevy Chase is $2,498.
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