DC rent?
Posted: Mon Aug 15, 2022 10:48 pm
Saw a thread on NYC rent and wanted to get input on what expected DC rent would be. Looking to stay near the red line within a 25 min commute from downtown.
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I think a mile walk to the metro is going to be a little too far for me. I’d love info for a 1BR in NW neighborhoods but also looking for data points, so where exactly do you live?Baron7 wrote: ↑Tue Aug 16, 2022 12:42 pmFWIW, I was able to secure a swanky one bedroom apt for under $2000 a month, less than a mile from Union Station and within walking distance to many firms, gov't offices, and GULC. But the building had just opened, so I don't necessarily think that price point is normal.
(1) Opinions clearly vary significantly on what counts as “swanky”Baron7 wrote: ↑Tue Aug 16, 2022 12:42 pmFWIW, I was able to secure a swanky one bedroom apt for under $2000 a month, less than a mile from Union Station and within walking distance to many firms, gov't offices, and GULC. But the building had just opened, so I don't necessarily think that price point is normal.
I pay 3k for a two bedroom with parking in a really nice building within walking distance of the redline. I could have found something for much lower, but I plan on working from home a lot so I decided to splurge on a nice office space. You could find something from anywhere between 1.8k - 2.5k that would be plenty nice enough, just depends on things you want/need.
Ok I have to know where you’re living because nice 1BRs bedrooms within a 30 min commute are $2700+Anonymous User wrote: ↑Tue Aug 16, 2022 1:58 pmI pay 3k for a two bedroom with parking in a really nice building within walking distance of the redline. I could have found something for much lower, but I plan on working from home a lot so I decided to splurge on a nice office space. You could find something from anywhere between 1.8k - 2.5k that would be plenty nice enough, just depends on things you want/need.
It's doable in NE DC close to Union Station.Anonymous User wrote: ↑Tue Aug 16, 2022 2:33 pmOk I have to know where you’re living because nice 1BRs bedrooms within a 30 min commute are $2700+Anonymous User wrote: ↑Tue Aug 16, 2022 1:58 pmI pay 3k for a two bedroom with parking in a really nice building within walking distance of the redline. I could have found something for much lower, but I plan on working from home a lot so I decided to splurge on a nice office space. You could find something from anywhere between 1.8k - 2.5k that would be plenty nice enough, just depends on things you want/need.
Exactly where I live hahanealric wrote: ↑Tue Aug 16, 2022 3:39 pmIt's doable in NE DC close to Union Station.Anonymous User wrote: ↑Tue Aug 16, 2022 2:33 pmOk I have to know where you’re living because nice 1BRs bedrooms within a 30 min commute are $2700+Anonymous User wrote: ↑Tue Aug 16, 2022 1:58 pmI pay 3k for a two bedroom with parking in a really nice building within walking distance of the redline. I could have found something for much lower, but I plan on working from home a lot so I decided to splurge on a nice office space. You could find something from anywhere between 1.8k - 2.5k that would be plenty nice enough, just depends on things you want/need.
Your apartment research needs some help, especially the junior 1BR within even like a ~15 minute commute can hover around 2kAnonymous User wrote: ↑Tue Aug 16, 2022 2:33 pmOk I have to know where you’re living because nice 1BRs bedrooms within a 30 min commute are $2700+Anonymous User wrote: ↑Tue Aug 16, 2022 1:58 pmI pay 3k for a two bedroom with parking in a really nice building within walking distance of the redline. I could have found something for much lower, but I plan on working from home a lot so I decided to splurge on a nice office space. You could find something from anywhere between 1.8k - 2.5k that would be plenty nice enough, just depends on things you want/need.
Close to everyone else ITT, it seems. You can get similar or better deals in some NW neighborhoods, but your commute is going to be longer. Van Ness/Forest Hills, Cleveland Park, and Woodley Park are probably the only NW neighborhoods that fit your criteria (and you would have to live VERY close to the metro stop). Takoma is another neighborhood that is affordable, safe, and would likely accommodate your schedule. It is technically in NW DC, but geographically it is on the same latitude as downtown.Anonymous User wrote: ↑Tue Aug 16, 2022 1:40 pmI think a mile walk to the metro is going to be a little too far for me. I’d love info for a 1BR in NW neighborhoods but also looking for data points, so where exactly do you live?Baron7 wrote: ↑Tue Aug 16, 2022 12:42 pmFWIW, I was able to secure a swanky one bedroom apt for under $2000 a month, less than a mile from Union Station and within walking distance to many firms, gov't offices, and GULC. But the building had just opened, so I don't necessarily think that price point is normal.
I think if you want to live in a newer building downtown, you should aim to budget 2500-3000. That would comfortably get you into a nice building in West End, Mt Vernon, Shaw or Navy Yard / Wharf areas where most of the younger lawyers tend to live. Metro is pretty easy, but Ubers are also quite cheap and quick in DC if you’re within a few miles of your office.
I don’t know if you’ve looked lately but I’m moving to DC and in the west end nice buildings you can’t even get a Junior 1BR for less than $3k.OPM wrote: ↑Tue Aug 16, 2022 7:01 pmI think if you want to live in a newer building downtown, you should aim to budget 2500-3000. That would comfortably get you into a nice building in West End, Mt Vernon, Shaw or Navy Yard / Wharf areas where most of the younger lawyers tend to live. Metro is pretty easy, but Ubers are also quite cheap and quick in DC if you’re within a few miles of your office.
I live in a really big 2BR in a luxury building and pay 2500 (1/2 of the roughly 5k rent). Most of my friends living in the big buildings: Lydian/Lyric; Navy Yard ones; West25; CityCenter, etc pay about 2700-800 for 1BRs. If you want to pay closer to 2k, you’re going to have to either split a cheaper 2BR or live farther out / in a sketchier area in my experience.
It’s a much better situation that NYC. Especially because at these price points there’s plenty of supply and you don’t have to wait in lines. Also no broker fees for most buildings in DC, which is pretty dope, cf. NYC.
Sounds like Noma/Gallaudet, which is undesirable given the crime spikes.Baron7 wrote: ↑Tue Aug 16, 2022 12:42 pmFWIW, I was able to secure a swanky one bedroom apt for under $2000 a month, less than a mile from Union Station and within walking distance to many firms, gov't offices, and GULC. But the building had just opened, so I don't necessarily think that price point is normal.
Not really—I’m somewhat close, though. Very happy with where I live, the safety, and the amount of money I’m paying.mandrewsf wrote: ↑Tue Aug 16, 2022 10:52 pmSounds like Noma/Gallaudet, which is undesirable given the crime spikes.Baron7 wrote: ↑Tue Aug 16, 2022 12:42 pmFWIW, I was able to secure a swanky one bedroom apt for under $2000 a month, less than a mile from Union Station and within walking distance to many firms, gov't offices, and GULC. But the building had just opened, so I don't necessarily think that price point is normal.
Personally, I love NOMA. I don't think it is meaningfully less safe than other neighborhoods I would want to live in (aka not the super residential neighborhoods, but ones with great food/nightlife). Plus, the money saved and newer buildings are a great plus.Baron7 wrote: ↑Wed Aug 17, 2022 8:39 amNot really—I’m somewhat close, though. Very happy with where I live, the safety, and the amount of money I’m paying.mandrewsf wrote: ↑Tue Aug 16, 2022 10:52 pmSounds like Noma/Gallaudet, which is undesirable given the crime spikes.Baron7 wrote: ↑Tue Aug 16, 2022 12:42 pmFWIW, I was able to secure a swanky one bedroom apt for under $2000 a month, less than a mile from Union Station and within walking distance to many firms, gov't offices, and GULC. But the building had just opened, so I don't necessarily think that price point is normal.
Yeah I feel like a lot of people on this thread got COVID deals because I’m likewise having trouble finding anything in the range discussed.
People on TLS, and also Reddit, consistently understate real-world living costs. They will claim you can get an awesome Manhattan apartment for $2500 per month ($83 per day!)Anonymous User wrote: ↑Wed Aug 17, 2022 2:09 pmYeah I feel like a lot of people on this thread got COVID deals because I’m likewise having trouble finding anything in the range discussed.