Rental market snapshot for Mount Pleasant, Washington
Mount Pleasant rental market summary
The rental market in Mount Pleasant, District of Columbia, is showing signs of growth. In July 2023, there were 47 new listings, a significant increase from the previous month. The median rent in July 2023 was $2,420, a 3.2% increase from the previous month. Compared to July 2022, the median rent has increased by 25.7%, indicating a strong upward trend in the rental market.
Overall, the rental market in Mount Pleasant is healthy and growing. With more new listings and increasing rents, the area is becoming an attractive option for renters. With the current trend of growth, it is likely that the rental market in Mount Pleasant will continue to be strong in the coming months.
Median rent for all residential properties in Mount Pleasant
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The most expensive listings and top trending buildings in Mount Pleasant
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
3120 19th St NW | $5,000 | 3 / 2.5 |
3430 Brown St NW | $4,500 | 3 / 3.0 |
3363 18th St NW | $3,500 | 2 / 1.5 |
3620 16th St NW | $3,500 | 3 / 3.5 |
1669 Park Rd NW | $2,811 | 2 / 1.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Van Metre Management Company | $1,913 |
Zillow Premium Rental Network | $1,903 |
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Bedroom Breakdown in Mount Pleasant
Mount Pleasant neighborhood apartments rents
The rental market for studios in Mount Pleasant, District of Columbia, is relatively stable. In July 2023, there were 4 new studio listings, and the median rent for studios was $1,592, a slight increase of .3% from the median rent in June 2023, which was $1,588. This indicates that the rental market for studios in Mount Pleasant is not experiencing any significant changes in terms of pricing or availability.
The rental market for 1-bedroom apartments in Mount Pleasant, District of Columbia, is showing signs of growth. In July 2023, there were 3 new 1-bedroom listings, and the median rent for 1-bedroom apartments increased by 23.9% from June 2023 to July 2023, reaching $1,903. This suggests that the rental market for 1-bedroom apartments in Mount Pleasant is becoming more competitive, and renters should expect to pay more for their apartments in the near future.
The rental market for 2-bedroom apartments in Mount Pleasant, District of Columbia, appears to be stable, with only two new listings in July 2023. The median rent for 2-bedroom apartments in July 2023 was $2,194, indicating that the rental market is not experiencing any significant changes. Without data for June 2023, it is not possible to determine the percent change in rent from June to July. Overall, the rental market for 2-bedroom apartments in Mount Pleasant appears to be stable.