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DC Dominates Most Expensive Zip Codes In Mid-Atlantic: Report

Patch logo Patch 5 days ago Dan Taylor
a close up of a device: A new report shows just how expensive D.C. is compared to the rest of the region. © Shutterstock A new report shows just how expensive D.C. is compared to the rest of the region.

WASHINGTON, DC — Would you believe that D.C. is insanely expensive compared to the rest of Mid-Atlantic? Of course you would.

But did you know that five of the top 10 most expensive zip codes in the region are in D.C.? Well, that's pretty crazy even by our standards.

A new report from RENTCafé found that 22037 in D.C. -- which includes the West End neighborhood -- was the Mid-Atlantic's most expensive zip code with an average rent of $2,864 per month. D.C. also grabbed No. 2 (20003), No. 3 (20001), No. 5 (20036), and No. 9 (20009).

Northern Virginia grabbed the No. 4 and No. 7 spots, and Montgomery County, Md., got the remaining three.

As expensive as the D.C. area is, none of our zip codes made it into the top 50 nationwide, with New York, California, and Massachusetts representing all 50 spots -- Manhattan in particular dominating, as you would expect.

"This study uses the actual rent charged in apartment buildings with 50 or more rental units, located in over 130 U.S. markets, totaling approximately 15 million apartment units," the RENTCafe states on their website about their methodology. "ZIP Codes with less than 200 rental units and less than 3 rental properties were not included in the study. Average rent price data was provided by Yardi Matrix, an apartment market intelligence source and RENTCafe’s sister company that researches and reports on large-scale multifamily properties of 50+ units across 130+ markets in the United States."

The average rent prices in this report are from data collected in July 2019.

"The most-coveted locations for high-paying jobs and endless opportunities, New York City and California grab the most spots in the top 50 as priciest places to live in the U.S.," the report states. "Out of the 50 most expensive ZIP Codes, 28 are in New York City, with 26 in Manhattan and one each in Queens and Brooklyn."

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