Rental market snapshot for Kalorama, Washington
Kalorama rental market summary
The rental market in Kalorama, District of Columbia, is showing signs of stability. On July 31, 2023, there were 15 new listings, indicating that the market is still active. The median rent on July 31, 2023, was $3,125, which is the same as the median rent on June 30, 2023. This suggests that the rental market in Kalorama has remained steady over the past month. When compared to the median rent on July 31, 2022, which was $3,350, there has been a 6.7% decrease in rent. This indicates that the rental market in Kalorama has become more affordable over the past year.
Overall, the rental market in Kalorama, District of Columbia, is showing signs of stability. The number of new listings and the median rent have remained steady over the past month and year, respectively. This suggests that the rental market in Kalorama is becoming more affordable and is a great option for those looking for a place to rent.
Median rent for all residential properties in Kalorama
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The most expensive listings and top trending buildings in Kalorama
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
1824 24th St NW | $18,000 | 5 / 3.5 |
2428 Tracy Pl NW | $14,000 | 5 / 3.5 |
1713 22nd St NW | $7,500 | 3 / 3.5 |
2020 Connecticut Ave NW | $5,695 | 3 / 3.0 |
2144 California St NW | $3,320 | 1 / 1.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Gables Residential | $2,859 |
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Bedroom Breakdown in Kalorama
Kalorama neighborhood apartments rents
The rental market for studios in Kalorama, District of Columbia is showing signs of growth. In May 2023, there was only one new studio listing, but the median rent for studios increased by 25.4% from April 2023 to May 2023, from $1,786 to $2,240. This suggests that demand for studio apartments in Kalorama is increasing, and that the rental market is becoming more competitive.
The rental market for 1-bedroom apartments in Kalorama, District of Columbia, is relatively stable. In July 2023, there were 5 new 1-bedroom listings, and the median rent for 1-bedroom apartments was $2,795, a slight decrease of .3% from the median rent in June 2023. This indicates that the rental market in Kalorama is not experiencing any significant changes in the short-term.
The rental market for 2-bedroom apartments in Kalorama, District of Columbia, appears to be stable, with only two new listings in April 2023. The median rent for 2-bedroom apartments in April 2023 was $3,119, indicating that the rental market is still relatively strong. Unfortunately, no data is available for the median rent in March 2023, so it is not possible to determine the percent change in rent from March to April. Overall, the rental market for 2-bedroom apartments in Kalorama appears to be stable.