It's no surprise that one of the top priorities for many D.C. renters is being close to a metro stop. But, according to a new report, it could (maybe unsurprisingly) cost you more to live closer to the rail system.
RentHop, an online apartment listing site, released its annual report on D.C. rents by proximity to metro stops today, along with the map above to guide you along.
According to the report, D.C. rents increased at 61 of the 91 metro stops. At the same time, it dropped at 19 stops, and 11 stops did not have enough year-over-year data to be included in the study. RentHop reports that the rent increases could be due to the development booms near the Tysons Corner, NoMa, Southwest Waterfront and Bethesda stops. Anacostia continues to have some of the lowest rents in the District, but the neighborhood also saw an increase in its rent price year-over-year.
RentHop also reports that these stops saw some of the largest rent increases:
- Blue/Yellow Line – Franconia-Springfield – (+11.4%) $1,671
- Blue/Orange/Silver Line – Foggy Bottom-GWU – (+10.2%) $2,425
- Green Line – Congress Heights – (+10%) $1,100
- Blue/Orange/Silver Line – McPherson Square – (+9.4%) $2,625
- Red Line – Cleveland Park – (+8.3%) $2,057.50
- Green/Yellow Line – Georgia Ave-Petworth – (+8.1%) $1,827.50
During the same time period, these stops saw drops in their rent for one-bedroom apartments:
- Green Line – Navy Yard-Ballpark – (-8.9%) $2,095
- Red/Green/Yellow Line – Fort Trotten – (-8.3%) $1,375
- Red Line – Union Station – (-7.2%) $2,218
- Red Line – NoMa-Gallaudet – (-7.2%) $2,135
- Silver Line – Spring Hill – (-7.1%) $1,650
- Red Line – Rhode Island Ave-Brentwood – (-6.9%) $1,768
Overall, according to RentHop, rent for one-bedroom apartments in the Washington, D.C. metro area is up 2.6 percent year over year.
