If you thought your rent was expensive … you were right.
The District is the sixth most expensive rental market in the country, according to a study called “Paycheck to Paycheck: Wages and the Cost of Housing in America.”
The 2009 fair market rent in town was $1,494 a month (which, for comparison’s sake, is the same as Bethesda).
San Francisco, Honolulu, and Santa Cruz round out the top three.
Rachel Levitin: Rachel moved to DC in the fall of 2005 to study Journalism and Music at American University. When she’s not reading any and everything about Major League Baseball, Rachel works on maintaining her personal blog. She is also an accomplished singer-songwriter-musician. Rachel has also contributed to The Washington Examiner in addition to her work with a new creative, collaborative blog Trauma2Art and MASN Sports' Nationals Buzz. You can follow Rachel on Twitter, see why she loves DC or even get in touch at Rachel@WeLoveDC.com!
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2 Responses to “DC Ranks No. 6 For Highest Rental Market Costs”
March 26th, 2010 at 2:53 pm
[...] This post was mentioned on Twitter by kaysteiger and dan mcweeney, Liz Wu. Liz Wu said: And SF is the #1 most expensive. Ugghh // RT @kaysteiger: DC: Sixth most expensive rental market in the US. http://bit.ly/bK6nEz [...]
March 30th, 2010 at 12:10 pm
[...] knew I wasn’t trippin by thinking the cost of living here in the DMV is ridiculous! WeLoveDC recently reported that DC Ranks No. 6 For Highest Rental Market Costs according to a recent study: [...]