Matrix Multifamily Washington DC Report-July 2025

Market Overview

As of mid-2025, Washington D.C.’s multifamily market continues to lead with strong fundamentals. Advertised asking rents rose 0.4 percent over the trailing three months through May and increased 2.2 percent year-over-year, more than doubling the national average. Occupancy remains high at 95.1 percent, holding above national norms even as new construction starts slow despite sustained development pressure.

About Yardi Matrix

Yardi Matrix is a leading provider of commercial real estate analytics across multifamily, student housing, office, industrial, self-storage, and other property types. Their metro-level multifamily reports deliver up-to-date insights on rent performance, occupancy, supply pipelines, and market trends—designed to support strategic decisions by investors, operators, and analysts.