Cheap Apartments for Rent in the Downtown Penn Quarter Chinatown Neighborhood of Washington, DC from $700 (68 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Penn Quarter Chinatown area of Washington.

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Rent Specials
$1,770 - $4,296Studio to 2 Bedroom Apartments Available Now

SoNYa

40 Patterson St NEWashington, DC 20002
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Downtown Penn Quarter Chinatown, Washington, DC Local Guide

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 King Towers priced from $947. 555 has the second lowest priced unit, which is a Studio apartment currently listed from $1,246. Here are the most affordable Downtown Penn Quarter Chinatown apartments for rent in Washington, DC:

Apartment ListingModel NameBed/BathPriced From
King TowersStudioStudio,1BA$947
555Senior Housing S4Studio,1BA$1,246
Liberty PlaceStudio AStudio,1BA$1,369
1500 MassFPB 423Studio,1BA$1,565
Capital Plaza ApartmentsSTUDIO (ST 1)Studio,1BA$1,599
Affinity at 2MStudio Plan A MarketStudio,1BA$1,600
Rise at Temple CourtsS1AStudio,1BA$1,604
PinnacleS2Studio,1BA$1,609
Mass PlaceStudio (530sqft)Studio,1BA$1,624
Meridian at Gallery PlaceDecaturStudio,1BA$1,628

Best Value Apartments for Rent in Downtown Penn Quarter Chinatown, DC

As of November 03, 2025 the best value apartment in the Downtown Penn Quarter Chinatown area is the $3.00 price per square foot H Model at The Ashton at Judiciary Square in the in the Mount Vernon Square neighborhood starting from $8,136. The second greatest value Downtown Penn Quarter Chinatown apartment is the 2 Bed/2 Bath Model at Historic Row Apartments starting at $3,850 with a $2.66 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Ashton at Judiciary SquareH3BR,2BA$3.00
Historic Row Apartments2 Bed/2 Bath2BR,2BA$2.66
Andover HouseB2F2BR,2BA$3.25
817 6th St NW, Unit B817 6th St NW3BR,2BA$2.71
Tribeca NOMAA1D (w/Den)1BR,1BA$2.76
Carmel PlazaTwo Bedroom2BR,1BA$3.05
Lyric 440ONE BEDROOM A1BR,1BA$3.21
603 G St SW, Unit BasementFurnishedAPT603 G St SW1BR,1BA$2.27
Gables City VistaA041BR,1BA$3.18
Liberty PlaceStudio AStudio ,1BA$3.00

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Pet Friendly Lifestyle
Downtown Penn Quarter Chinatown, Washington, DC

Ranked #10

Among cities in District of Columbia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downtown Penn Quarter Chinatown, Washington, DC

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 $1,628.

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 $7,137.

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 255 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 $1,297 which is $5,840 cheaper than the average rent for all rentals in Downtown Penn Quarter Chinatown.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.