Matrix Multifamily Washington DC Report-July 2025

DC's Market Appeal

Advertised asking rents in Metro D.C. increased 0.4 percent on a T3 basis through May and were up 2.2 percent on a year-over-year basis, more than double the national rate of growth. At 95.1 percent, the metro's occupancy rate also outperformed the national average, as construction starts slowed significantly, despite the pressure from incoming supply.

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