Home › Forums › Real Estate › Will appartment rental prices come down after Sept. 1? › Reply To: Will appartment rental prices come down after Sept. 1?
Rents are not going to come down. DC is a very strong job market in an otherwise down economy. Combine that with the area’s extremely low vacancy rate and there’s no incentive for prices to drop. The type of place your looking for (if you can find one) wouldn’t last longer than a few hours in this market. Urban Turf had an article about buildings that allowed tenants to subdivied apartments by erecting temporary walls – that may be something you want to consider if you can’t shoulder more than 1,200/person. http://dc.urbanturf.com/articles/blog/putting_up_walls_to_bring_down_the_rent/5728