Comments on: Wed. Afternoon Rental Option – Mt. Vernon Square

By: MtVernonGuy

MtVernonGuy — Thu, 26 Apr 2012 22:03:14 +0000

The rents in Mt. Vernon Square are insane in these new buildings. However, I went to Yale the Lofts apt building and they told me they were only 13% full after being open for months! Same with the new Meridian building on L Street – The neighborhood is nice, but doesn’t warrant a $2500 1bd or $3800/month price tag for a 2bd. Good luck renting these things to suckers, but you can rent a nice 2-3bd in Dupont or Georgetown for those prices…I have a feeling these buildings are going to sit empty until the property managers bring prices down to market levels….FAIL

By: Anonymous

Anonymous — Thu, 26 Apr 2012 17:33:22 +0000

Unfinished English basements are going for around $1800 on the 400 block of M st, so I’m guessing a Class A apartment in a high rise should go for $2200-$2500.

The historic Mount Vernon Square district has definitely flown under the radar. City Vista is right across the street, it has easy access to public transit, and you are within about a mile of many downtown areas including Capital Hill, the White House, and NoMa.

We just bought a rowhouse in the neighborhood and are hoping all of the renovations and development continue. If this 1 bedroom rents out for $2,500, I’ll sleep much better at night.

By: anonymous

anonymous — Thu, 26 Apr 2012 15:03:38 +0000

These new buildings in Mt. Vernon Square are insanely priced. Granted the private apartments in townhouses don’t come with pools and gyms, but I live in a gorgeous 2 bedroom/two bathroom in the neighborhood and the rent on this place is more than the entire rent both my roommate and I pay put together.

By: classic_six

classic_six — Thu, 26 Apr 2012 11:51:14 +0000

Now your moniker is one that I like.

By: Apple Pie

Apple Pie — Thu, 26 Apr 2012 03:23:17 +0000

Well Gah dammmn..For that price I would expect high-end luxury and prime location.

By: anon

anon — Thu, 26 Apr 2012 02:49:23 +0000

yeah.. i think you are right… with DC’s turnover rate being what it is… they probably are going for the well paid folks that have a 2 year stint at some law firm downtown.

By: anon

anon — Thu, 26 Apr 2012 02:47:12 +0000

yep… way to high

By: hay

hay — Wed, 25 Apr 2012 22:22:27 +0000

Ha! I’m happy with that price. Of course, I live right behind it, and I rent a basement 1bd apartment for $1800 (w/ utilities included) (~$1600 sans utilities) so I don’t mind if the area average prices go up.

By: Josh

Josh — Wed, 25 Apr 2012 22:18:22 +0000

Awful deal. I think you can almost get a 1-bedroom with panoramic views of Manhattan in that Frank Gehry tower for this price. Photos are totally underwhelming. If anyone takes this for $2500-2700 they deserve to be shaken or slapped.

By: no way

no way — Wed, 25 Apr 2012 21:55:13 +0000

I get it that a roommate/group house is not for everyone, but I’d rather pay hundreds less, live in a basement or a studio, save the money for a downpayment on a TWO bed place that has a mortgage of $2,500. I guess luxury rentals like this are good for well-paid short-timers?