Insights
District of Columbia
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VACANCY
Apartment
The average Vacancy Rate was 8.6% in the the District of Columbia District
- No vacancy change since Q3 2024 in the the District of Columbia District.
- The the District of Columbia District was among the 10 highest vacancies nationally.
- Vacancy is expected to finish 2025 at 8.9% in the the District of Columbia District.
Office
The average Vacancy Rate was 15.5% in the the District of Columbia District
- Vacancy in the the District of Columbia District drifted downward by 20 basis points.
- The the District of Columbia District was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2025 at 15.9% in the the District of Columbia District.
RENT
Apartment
The average Asking Rent was $2,234 in the the District of Columbia District
- Rent in the the District of Columbia District was up 0.1% from Q3 2024.
- Rent is expected to finish 2025 at $2,306 in the the District of Columbia District.
Office
The average Asking Rent was $57.63 in the the District of Columbia District
- Rent in the the District of Columbia District was down 0.1% from Q3 2024.
- Rent is expected to finish 2025 at $58.49 in the the District of Columbia District.