Georgetown, Washington, DC Rental Market Trends
Last updated: August 02, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Georgetown is $2,241, a 7.2% decrease compared to the previous year, when the average rent was $2,414.
Studio Apartments at $1,790 offer the most budget-friendly option with 410 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 580 square feet for $2,381, balancing privacy and affordability.
Average rent in Georgetown, Washington, DC
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,241 | 564 sq. ft. |
| Studio | $1,790 | 410 sq. ft. |
| 1 Bed | $2,381 | 580 sq. ft. |
| 2 Beds | n/a | n/a |
| 3 Beds | n/a | n/a |
Georgetown, Washington, DC rent trends
Rental prices in Georgetown, Washington, DC have decreased by 7.2% over the past year. The average rent moved from $2,414 to $2,241.
What's the typical rent budget in Georgetown, Washington, DC?
The largest share of rentals in Georgetown, Washington, DC (38%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Georgetown, Washington, DC?
1,362 or 44% of the households in Georgetown, Washington, DC are renter-occupied while 1,750 or 56% are owner-occupied.
Most affordable neighborhoods in Georgetown?
Mayfair $1,305/month
Bellevue $1,381/month
Randle Highlands $1,381/month
All of these neighborhoods fall below the city wide average of $2,446/month.Most expensive neighborhoods in Georgetown?
Capitol Hill $3,015/month
Penn Quarter $3,409/month
West End Washington $3,947/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Washington, DC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| West End Washington | $3,947 |
| Penn Quarter | $3,409 |
| Capitol Hill | $3,015 |
| Woodley Park | $3,005 |
| McLean Gardens | $2,923 |
| Gallaudet | $2,878 |
| U Street Washington | $2,843 |
| Waterfront Washington | $2,832 |
| Mt Vernon Triangle Washington | $2,779 |
| Mount Vernon Square | $2,775 |
| Navy Yard | $2,768 |
| Shaw | $2,733 |
| Judiciary Square | $2,666 |
| Downtown Washington | $2,647 |
| Howard University | $2,619 |
| H Street Washington | $2,594 |
| Foggy Bottom | $2,583 |
| Near Northeast | $2,581 |
| North Capitol Street | $2,581 |
| Kalorama Heights | $2,557 |
| Adams Morgan | $2,551 |
| Logan Circle | $2,500 |
| Dupont Circle | $2,471 |
| Eckington | $2,470 |
| Forest Hills | $2,358 |
| Cleveland Park | $2,303 |
| Barney Circle | $2,266 |
| Takoma Dc Washington | $2,254 |
| Queens Chapel | $2,248 |
| Glover Park | $2,242 |
| Georgetown | $2,241 |
| Southwest Waterfront | $2,231 |
| Cathedral Heights | $2,203 |
| North Cleveland Park | $2,172 |
| Columbia Heights Dc Washington | $2,170 |
| 16th Street Heights | $2,163 |
| Fort Lincoln | $2,149 |
| Brookland | $2,129 |
| Good Hope | $2,128 |
| Le Droit Park | $2,113 |
| Edgewood | $2,103 |
| Trinidad | $2,028 |
| Chevy Chase | $1,974 |
| Carver - Langston | $1,952 |
| Fort Totten | $1,875 |
| Brightwood | $1,830 |
| Mount Pleasant | $1,811 |
| Langdon | $1,805 |
| Pleasant Hill | $1,795 |
| Buena Vista | $1,776 |
| Petworth | $1,743 |
| Shipley Terrace | $1,596 |
| Hillbrook | $1,571 |
| Fort Dupont | $1,494 |
| Washington Highlands | $1,488 |
| Congress Heights | $1,471 |
| Fairlawn | $1,402 |
| Marshall Heights | $1,390 |
| Randle Highlands | $1,381 |
| Bellevue | $1,381 |
| Mayfair | $1,305 |
Washington | Rent Comparison by Neighborhood
Rent in Georgetown is 4% higher than in 16th Street Heights
Georgetown rent is the same as Washington average
16th Street Heights rent is 3% lower than Washington average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Georgetown apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.