Rental market snapshot for Logan Circle, Washington
Logan Circle rental market summary
The rental market in Logan Circle, District of Columbia, is showing signs of growth. In July 2023, there were 157 new listings, a significant increase from the previous month. The median rent also increased from $2,894 in June 2023 to $2,825 in July 2023, a 2.4% increase. This is a slight improvement from the median rent in July 2022, which was $2,850, a 0.9% increase.
Overall, the rental market in Logan Circle is showing signs of growth, with more listings and a slight increase in median rent. This is a positive sign for the area, and indicates that the rental market is on the rise. With more listings and a slight increase in median rent, the rental market in Logan Circle is looking promising.
Median rent for all residential properties in Logan Circle
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The most expensive listings and top trending buildings in Logan Circle
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
1508 P St NW | $8,100 | 4 / 2.5 |
1314 11th St NW | $6,250 | 5 / 3.0 |
1444 Q St NW | $6,200 | 3 / 2.5 |
1200 14th St NW | $5,399 | 2 / 2.5 |
1301 M St NW | $5,332 | 3 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
United Management | $3,150 |
The Gelman Companies | $3,047 |
SJG Properties LLC | $2,960 |
The Property Portfolio | $2,825 |
United Dominion Residential Communities | $2,613 |
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Bedroom Breakdown in Logan Circle
Logan Circle neighborhood apartments rents
The rental market for studios in Logan Circle, District of Columbia, is showing signs of growth. In July 2023, there were 10 new studio listings, and the median rent for studios increased by 2.4% from June 2023 to July 2023, from $2,030 to $2,078. This suggests that the rental market for studios in Logan Circle is becoming more competitive, and that renters should expect to pay more for studios in the area.
The rental market for 1-bedroom apartments in Logan Circle, District of Columbia, is showing signs of growth. In July 2023, there were 20 new 1-bedroom listings, a 2.9% increase in median rent from June 2023 to July 2023, and a median rent of $2,726. 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 Logan Circle, District of Columbia, is showing signs of growth. In July 2023, there were 18 new 2-bedroom listings, which is a 5.4% increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $3,942, which is a 5.4% decrease from the median rent in June 2023. This indicates that the rental market is becoming more competitive, with more options available for renters.