Cheap Homes for Rent in Downtown Penn Quarter Chinatown Neighborhood of Washington, DC from $1,000 (42 Rentals)

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

property at 232 N St NW

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195
Total Monthly Price
$1,195

6 Bedroom, 4 Bath Townhome for Rent

Available Now

232 N St NW

WashingtonDC20001

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers

Renting in the D.C. area? Explore Takoma, Brookland, Glover Park, Charles Village, and more. Find a convenient, high-quality home near your major employer.

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property at 1727 Massachusetts Ave NW

$1,545 - $1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,545 - $1,800
Total Monthly Price
$1,545 - $1,800

Studio, 1 Bath Condo for Rent

Available Now

1727 Massachusetts Ave NW

WashingtonDC20036

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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.

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property at 1440 N St NW

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695
Total Monthly Price
$1,695

Studio, 1 Bath Condo for Rent

Available Now

1440 N St NW, Unit 812, Unit 812

1440 N St NW
WashingtonDC20005

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 777 7th St NW

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

Studio, 1 Bath Condo for Rent

Available Now

777 7th St NW, Unit 1003, Unit 1003

777 7th St NW
WashingtonDC20001

Discover DC: The Insider's Guide to Renting in Our Nation's Capital

Explore Washington DC like a local with this insider's guide to renting in the Nation's Capital. Explore the area's best neighborhoods, hidden gems, and diverse, delicious food scene.

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Showing Results 1-42, Page 1 of 1

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 S2Studio,1BA$1,246
Liberty PlaceStudio BStudio,1BA$1,362
1500 MassFPA 456Studio,1BA$1,527
The IrisS5AFFStudio,1BA$1,529
MiramarSTUDIOStudio,1BA$1,599
Affinity at 2MStudio Plan A MarketStudio,1BA$1,600
Affordable apartment in Dupont Circle0BR/1.0BAStudio,1BA$1,635
SoNYaA3 | Studio | 1 BathStudio,1BA$1,636

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

As of April 22, 2026 the best value apartment in the Downtown Penn Quarter Chinatown area is the $3.07 price per square foot E-G Model at The Ashton at Judiciary Square in the in the Mount Vernon Square neighborhood starting from $5,722. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Ashton at Judiciary SquareE-G2BR,2.5BA$3.07
402 M Street NW, Unit Apt C402 M Street NW1BR,1BA$2.27
1015 P St NW, Unit 21015 P St NW2BR,1BA$2.59
Tribeca NOMAA1D (w/Den)1BR,1BA$2.74
The Lansburgh1BR1BR,1BA$3.04
Carmel PlazaTwo Bedroom2BR,1BA$3.05
Mass CourtBelmont IV with Den1BR,1BA$3.37
1406 3rd St NW, Unit B1406 3rd St NW1BR,1BA$2.62
1304 N Capitol St NW, Unit A1304 N Capitol St NW1BR,1BA$2.10
1339 14th St NW, Unit 21339 14th St NW1BR,1BA$3.38

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Rent Smart in Washington DC: Best Neighborhoods to Rent for University Students

Discover the top neighborhoods for university students to rent in Washington D.C. Find affordable, convenient, and vibrant areas near major campuses on ApartmentHomeLiving.com.

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

School data provided by Great Schools

Frequently Asked Questions about Downtown Penn Quarter Chinatown

What type of rentals are currently available in Downtown Penn Quarter Chinatown?

There are currently 404 Apartments for Rent in Downtown Penn Quarter Chinatown, DC with pricing that ranges from $1,246 to $21,384. There are also 198 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Penn Quarter Chinatown ranging from $1,060 to $11,000.

What is the current price range for Rental Homes in Downtown Penn Quarter Chinatown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Penn Quarter Chinatown ranges from $1,060 to $11,000 with an average monthly rent of $3,360.

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

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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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Rent Smart in Washington DC: Best Neighborhoods to Rent for University Students

Written by: Steve Lilly

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The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers

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Discover DC: The Insider's Guide to Renting in Our Nations Capital

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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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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.