Rental market snapshot for Takoma, Washington

Takoma rental market summary

The rental market in Takoma, District of Columbia, is showing signs of stability. In July 2023, there were 36 new listings, indicating that the market is still active. The median rent for the month of July 2023 was $2,384, which is only slightly lower than the median rent of $2,585 in June 2023. This suggests that the rental market in Takoma is not experiencing any drastic changes in rent prices. Furthermore, the median rent in July 2023 is the same as the median rent in July 2022, indicating that the rental market in Takoma is relatively stable.

Overall, the rental market in Takoma, District of Columbia, is showing signs of stability. There are still new listings being added to the market, and the median rent prices have remained relatively consistent over the past year. This suggests that the rental market in Takoma is not experiencing any drastic changes in rent prices, and is likely to remain stable in the near future.

Median rent for all residential properties in Takoma

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The most expensive listings and top trending buildings in Takoma

Most Expensive Listings

AddressRent PriceBed / Bath
1446 Jonquil St NW$4,5003 / 3.0
7302 Georgia Ave NW$4,0003 / 2.0
7302 Georgia Ave NW$4,0003 / 3.0
6803 Cameron Dr NW$3,9002 / 2.0
7150 12th St NW$3,4212 / 2.0

Top Trending Buildings

building nameavg rent price
Zillow$2,314

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Bedroom Breakdown in Takoma

Studio
$1,750
MEDIAN RENT
1 Bedroom
$2,318
MEDIAN RENT
2 Bedroom
$3,088
MEDIAN RENT

Takoma neighborhood apartments rents

The rental market for studios in Takoma, District of Columbia appears to be stable, with only two new listings in July 2023 and a median rent of $1,750. Unfortunately, no data is available for June 2023, so it is not possible to determine the percent change in rent from June to July. Overall, the rental market for studios in Takoma appears to be steady and consistent.

The rental market for 1-bedroom apartments in Takoma, District of Columbia, is showing signs of growth. In May 2023, there were 15 new 1-bedroom listings, a 14.5% increase in median rent from April 2023 to May 2023, and a median rent of $2,318. This indicates that the rental market for 1-bedroom apartments in Takoma is becoming increasingly competitive, with more people looking to rent and landlords raising their prices.

The rental market for 2-bedroom apartments in Takoma, District of Columbia, is showing signs of growth. In May 2023, there were 12 new 2-bedroom listings, and the median rent for 2-bedroom apartments increased by 6.6% from April 2023 to May 2023, from $2,896 to $3,088. This suggests that demand for 2-bedroom apartments is increasing, and that the rental market is becoming more competitive.

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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 Takoma is $2,384.
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