Rental market snapshot for Cleveland Park, Washington

Cleveland Park rental market summary

The rental market in Cleveland Park, District of Columbia is showing signs of growth. In July of 2023, there were 357 new listings, indicating that the demand for rental properties is increasing. The median rent for the area has also seen an increase of .8% from June to July of 2023, and a 2.2% increase from July of 2022. This suggests that the rental market in Cleveland Park is becoming more competitive, as more people are looking to rent in the area.

Overall, the rental market in Cleveland Park is looking positive. With an increase in new listings and a steady rise in median rent, it appears that the area is becoming a more desirable place to live. With more people looking to rent in the area, landlords and property owners can expect to see an increase in demand for their properties. This could lead to higher rental prices and more competition for rental properties in the area.

Median rent for all residential properties in Cleveland Park

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The most expensive listings and top trending buildings in Cleveland Park

Most Expensive Listings

AddressRent PriceBed / Bath
3401 Idaho Ave NW$9,9043 / 3.5
20 Ridge Sq NW$9,8052 / 2.0
3401 Idaho Ave NW$9,7453 / 3.5
20 Ridge Sq NW$9,0752 / 2.5
20 Ridge Sq NW$9,0652 / 2.0

Top Trending Buildings

building nameavg rent price
AIMCO$2,871
The Gelman Companies$2,590
UIP Property Management$2,540
Elme Communities$2,394
Gables Residential$2,124

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Bedroom Breakdown in Cleveland Park

Studio
$1,771
MEDIAN RENT
1 Bedroom
$2,525
MEDIAN RENT
2 Bedroom
$3,628
MEDIAN RENT

Cleveland Park neighborhood apartments rents

The rental market for studios in Cleveland Park, District of Columbia, is showing signs of growth. In July 2023, there were 21 new studio listings, a 1.5% increase in median rent from June 2023 to July 2023, and a median rent of $1,771. This indicates that the rental market for studios in Cleveland Park is becoming increasingly competitive, with more people looking to rent studios in the area.

The rental market for 1-bedroom apartments in Cleveland Park, District of Columbia is showing signs of growth. In July 2023, there were 27 new 1-bedroom listings, a 7.3% increase in median rent from June 2023 to July 2023, and a median rent of $2,525. 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 Cleveland Park, District of Columbia is showing signs of growth. In July 2023, there were 14 new 2-bedroom listings, representing an 8.9% increase in median rent from June 2023 to July 2023. The median rent for 2-bedroom apartments in July 2023 was $3,628, indicating that the rental market is becoming more competitive. With the increasing demand for 2-bedroom apartments in Cleveland Park, District of Columbia, it is likely that the rental market will continue to grow in the coming months.

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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 Cleveland Park is $3,267.
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