
Cheap Apartments for Rent in the Downtown Penn Quarter Chinatown Neighborhood of Washington, DC from $700 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Penn Quarter Chinatown area of Washington.


603 G St SW

1500 Mass

Capitol Park Tower

Mass Place

Capital Plaza Apartments

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The Baystate

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The Iris

Total Monthly Price
Banner Lane

Total Monthly Price
The Belgard
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Zen Apollo

Miramar

Pinnacle

The Phoenix Apartments

Affinity at 2M

459 M St NW

1504 North Capitol St NE

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SoNYa

Total Monthly Price
The Aspen

1408 P St NW
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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

The Kiley

The Cambridge Apartments

1718 P St NW

1727 Massachusetts Ave NW

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Slate at NoMa

Gables City Vista

943 M St NW, Unit Studio #3

Mount Vernon Plaza

1314 Massachusetts Ave NW

1324 North Capitol St NE
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OZMA

Total Monthly Price
Meridian at Gallery Place

1711 Massachusetts Ave NW

1 Scott Cir NW

Liberty Place

The SeVerna

King Towers

Common Bowman (Furnished Rooms)

The Golden Rule Plaza

The Severna on K
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65 New York Ave NW

Capitol Park Tower

Rise at Temple Courts

Eddystone

Brunswick House

Affordable apartment in Dupont Circle

The Palisades

Camden NoMa

M Street Towers

The Preston
Washington's Best Affordable Neighborhoods
Learn about Washington and the best places to live with original content written by Local Expert Steve Lilly
Downtown Penn Quarter Chinatown, Washington, DC Local Guide

How much does it cost to rent an apartment in Downtown Penn Quarter Chinatown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Penn Quarter Chinatown Studio Apartments | $2,121 | $719 | $6,372 |
| Downtown Penn Quarter Chinatown 1 Bedroom Apartments | $2,986 | $1,200 | $10,000+ |
| Downtown Penn Quarter Chinatown 2 Bedroom Apartments | $4,264 | $1,908 | $10,000+ |
| Downtown Penn Quarter Chinatown 3 Bedroom Apartments | $6,812 | $2,100 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 51 rentals with your search options within a 2 mile radius of the Downtown Penn Quarter Chinatown Neighborhood of Washington, DC.
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Downtown Penn Quarter Chinatown, Washington, DC Local Guide
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Cheapest Available Downtown Penn Quarter Chinatown Apartments for Rent
 The cheapest available apartment rental in the Downtown Penn Quarter Chinatown area of Washington, DC is a Studio unit found at 555 priced from $719. King Towers has the second lowest priced unit, which is a Studio apartment currently listed from $947. Here are the most affordable Downtown Penn Quarter Chinatown apartments for rent in Washington, DC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 555 | Senior Housing Studio 2 | Studio,1BA | $719 |
| King Towers | Studio | Studio,1BA | $947 |
| Liberty Place | Studio B | Studio,1BA | $1,362 |
| 1500 Mass | FPA 456 | Studio,1BA | $1,410 |
| Capitol Park Tower | Studio | Studio,1BA | $1,430 |
| Rise at Temple Courts | S1A | Studio,1BA | $1,525 |
| The Iris | S5AFF | Studio,1BA | $1,529 |
| Banner Lane | A2 - Affordable | 1BR,1BA | $1,572 |
| The Belgard | M3 | Studio,1BA | $1,581 |
Best Value Apartments for Rent in Downtown Penn Quarter Chinatown, DC
As of March 15, 2026 the best value apartment in the Downtown Penn Quarter Chinatown area is the $2.77 price per square foot H Model at The Ashton at Judiciary Square in the in the Mount Vernon Square neighborhood starting from $7,533. The second greatest value Downtown Penn Quarter Chinatown apartment is the 402 M Street NW Model at 402 M Street NW, Unit Apt C starting at $2,499 with a $2.27 price per square foot in the Mount Vernon Square neighborhood. Here is today’s list of the best values for Downtown Penn Quarter Chinatown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Ashton at Judiciary Square | H | 3BR,2BA | $2.77 |
| 402 M Street NW, Unit Apt C | 402 M Street NW | 1BR,1BA | $2.27 |
| Tribeca NOMA | PHT.3 Penthouse | 2BR,2BA | $3.21 |
| The Lansburgh | 1BR | 1BR,1BA | $3.04 |
| Carmel Plaza | Two Bedroom | 2BR,1BA | $3.05 |
| Mount Vernon Plaza | 2x2 Townhome | 2BR,2BA | $3.54 |
| Capitol Park Tower | Jr2 BR / 2 BA | 2BR,2BA | $3.38 |
| Gables City Vista | S04 | Studio ,1BA | $3.22 |
| Brunswick House | Studio E | Studio ,1BA | $3.51 |
| Miramar | STUDIO | Studio ,1BA | $3.48 |
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Read ArticleQuick Rent Budget Calculator
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Best Local Schools in Downtown Penn Quarter Chinatown, Washington, DC
School-Within-School @ Goding
Walker-Jones Education Campus
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across District of Columbia and customized analysis for Central Washington. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, and more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Downtown Penn Quarter Chinatown Apartments
What is a cheap apartment in Downtown Penn Quarter Chinatown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Penn Quarter Chinatown is under $1,581.
What is the price of a cheap apartment in Downtown Penn Quarter Chinatown?
The cheapest apartment in Downtown Penn Quarter Chinatown is King Towers which is listed at $1,127, while the average apartment in Downtown Penn Quarter Chinatown costs $6,134.
What types of apartments are the cheapest in Downtown Penn Quarter Chinatown?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 383 regular apartments in Downtown Penn Quarter Chinatown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Penn Quarter Chinatown?
Cheap apartments in Downtown Penn Quarter Chinatown have an average cost of $1,503 which is $4,631 cheaper than the average rent for all rentals in Downtown Penn Quarter Chinatown.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

A Washington DC Local Expert's Guide to Top Affordable Neighborhoods for Renters in the DC Metro
Written by: Steve Lilly
I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, DC.

Rent Smart in Washington DC: Best Neighborhoods to Rent for University Students
Written by: Steve Lilly
I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, DC.

The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers
Written by: Steve Lilly
I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, D.C.

Discover DC: The Insider's Guide to Renting in Our Nations Capital
Written by: Steve Lilly
Greetings from Washington, DC! I'm Stephen, your ApartmentHomeLiving.com Local Expert for Washington, and I'd love to give you the inside scoop on a city that many people only think of in terms of visiting, not living in.
Articles, How-To's, and Tips

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Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.