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

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

The most expensive listings and top trending buildings in Kalorama

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

Bedroom Breakdown in Kalorama

Studio
$2,240
MEDIAN RENT
1 Bedroom
$2,795
MEDIAN RENT
2 Bedroom
$3,119
MEDIAN RENT

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.

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 Kalorama is $3,125.
Made withDataherald