At Cathedral Commons, the latest high-end luxury apartment to hit the market in the District, prices for a one-bedroom loft with a den start at $3,925 a month; a 3,183 square foot three-bed, three-bath unit rents for $9,500.
Washington was among five U.S. cities with more than 20 percent growth in rental population between 2006 and 2013, but many people living in these urban hubs are struggling to find affordable units, according to…
How expensive is it to rent an apartment in the District? Well, one D.C. neighborhood has made a list of the most expensive in the country.
The D.C. region is the priciest place to live in the country, the Bureau of Labor Statistics says.
As Americans spend more of their paychecks on rent, it\’s
becoming more difficult to make ends meet.
D.C.-area rents are higher than those in New York, Los Angeles and
Boston, according to data from the 2010 federal census.
Even in affluent Montgomery County, more have
started renting – and they\’re seeing problems.
Here\’s a secret that might seem odd: it\’s better to rent than own.