Rental market snapshot for Georgetown, Washington

Georgetown rental market summary

The rental market in Georgetown, District of Columbia is showing signs of growth. In July of 2023, there were 71 new listings, a 13.8% increase from June of the same year. The median rent also increased from $4,000 in June to $4,550 in July, a 13.8% increase. This is a slight increase from the median rent of $4,520 in July of 2022, a 0.7% increase.

Overall, the rental market in Georgetown, District of Columbia is showing signs of growth. The number of new listings and the median rent have both increased, indicating that the market is becoming more competitive and that demand is increasing. This is a positive sign for both landlords and tenants in the area.

Median rent for all residential properties in Georgetown

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The most expensive listings and top trending buildings in Georgetown

Most Expensive Listings

AddressRent PriceBed / Bath
1421 34th St NW$11,0004 / 3.5
1425 34th St NW$11,0005 / 4.5
1425 34th St NW$10,0005 / 4.5
3612 Whitehaven Pkwy NW$9,9955 / 2.0
1313 35th St NW$9,5004 / 3.0

Top Trending Buildings

building nameavg rent price
Bernstein Management Corp.$2,639

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Bedroom Breakdown in Georgetown

Studio
$2,292
MEDIAN RENT
1 Bedroom
$2,639
MEDIAN RENT
2 Bedroom
$4,290
MEDIAN RENT

Georgetown neighborhood apartments rents

The rental market for studios in Georgetown, District of Columbia is showing signs of growth. In June 2023, there were two new studio listings, and the median rent for studios increased by 12.2% from May 2023 to June 2023, from $2,043 to $2,292. This suggests that the demand for studio apartments in Georgetown is increasing, and that the rental market is becoming more competitive.

The rental market for 1-bedroom apartments in Georgetown, District of Columbia, is relatively stable. In July 2023, there was only one new listing, and the median rent for 1-bedroom apartments decreased by 7.4% from June 2023 to July 2023, from $2,850 to $2,639. This suggests that the rental market is not experiencing significant fluctuations in prices or availability.

The rental market for 2-bedroom apartments in Georgetown, District of Columbia is showing signs of growth. In July 2023, there were 3 new 2-bedroom listings, and the median rent for these apartments increased by 8.6% from May 2023 to July 2023, from $3,950 to $4,290. This suggests that demand for 2-bedroom apartments in Georgetown is increasing, and that the rental market is likely to remain strong 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 Georgetown is $4,550.
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