Rental market snapshot for Woodley Park, Washington
Woodley Park rental market summary
The rental market in Woodley Park, District of Columbia, is showing signs of growth. In July of 2023, there were 96 new listings, a significant increase from the previous month. The median rent also increased from $2,825 in June to $2,899 in July, a 2.6% increase. This is a positive sign for the rental market in Woodley Park, as it indicates that demand is increasing and that renters are willing to pay more for housing in the area.
The median rent in Woodley Park has also increased from $2,872 in July of 2022 to $2,899 in July of 2023, a 0.9% increase. This shows that the rental market in Woodley Park is slowly but steadily increasing in value, which is a good sign for landlords and investors in the area. With the increasing demand for housing in the area, it is likely that the rental market in Woodley Park will continue to grow in the coming months.
Median rent for all residential properties in Woodley Park
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The most expensive listings and top trending buildings in Woodley Park
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 2700 Woodley Rd NW | $11,570 | 3 / 3.5 |
| 2700 Woodley Rd NW | $10,840 | 3 / 3.5 |
| 2700 Woodley Rd NW | $6,175 | 2 / 2.5 |
| 2900 Connecticut Ave NW | $5,275 | 2 / 3.0 |
| 2700 Woodley Rd NW | $5,100 | 2 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Windsor Property Management Co. | $3,777 |
| TA Associates Realty | $3,110 |
| Aria Residential | $2,600 |
| Community Realty Company Inc. (CRC) | $2,417 |
| Bernstein Management Corp. | $2,402 |
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Bedroom Breakdown in Woodley Park
Woodley Park neighborhood apartments rents
The rental market for studios in Woodley Park, District of Columbia, is showing signs of growth. In July 2023, there were four new studio listings, representing an increase in the number of available rental units. The median rent for studios in July 2023 was $2,041, a 12.3% increase from the median rent in June 2023 of $1,817. This suggests that the demand for studio rentals in Woodley Park is increasing, and that the rental market is becoming more competitive.
The rental market for 1-bedroom apartments in Woodley Park, District of Columbia, is showing signs of growth. In July 2023, there were 20 new 1-bedroom listings, and the median rent for 1-bedroom apartments increased by 3.5% from June 2023 to July 2023, from $2,648 to $2,740. This indicates that demand for 1-bedroom apartments in Woodley Park is increasing, and that the rental market is becoming more competitive.
The rental market for 2-bedroom apartments in Woodley Park, District of Columbia, is showing signs of growth. In July 2023, there were 5 new 2-bedroom listings, and the median rent for these apartments increased by 48.5% from June 2023 to July 2023, from $3,551 to $5,275. This indicates that demand for 2-bedroom apartments in Woodley Park is increasing, and that the rental market is likely to continue to grow in the coming months.