Insights
District of Columbia
BACK TO INSIGHTSMarket Overview
BACK TO INSIGHTSEXPLORE 1 District of Columbia MARKETToggle markets
VACANCY
Apartment
The average Vacancy Rate was 8.6% in the the District of Columbia District
- Vacancy in the the District of Columbia District drifted downward by 30 basis points.
- Vacancy is expected to finish 2022 at 8.8% in the the District of Columbia District.
Office
The average Vacancy Rate was 14.6% in the the District of Columbia District
- The the District of Columbia District had the fourth lowest vacancy in the nation and the sixth lowest in the South Atlantic.
- Vacancy in the the District of Columbia District drifted downward by 10 basis points.
- Vacancy is expected to finish 2022 at 14.5% in the the District of Columbia District.
RENT
Apartment
The average Asking Rent was $1,977 in the the District of Columbia District
- Rent in the the District of Columbia District was down 0.4% from year-end 2021.
- Rent is expected to finish 2022 at $2,033 in the the District of Columbia District.
Office
The average Asking Rent was $56.69 in the the District of Columbia District
- Rent in the the District of Columbia District was up 0.2% from year-end 2021.
- Rent is expected to finish 2022 at $56.73 in the the District of Columbia District.