Cheap Homes for Rent in Downtown Penn Quarter Chinatown Neighborhood of Washington, DC from $1,000 (45 Rentals)

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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 601 G St SW

601 G St SW

WashingtonDC20024

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 24 N St NW

24 N St NW, Unit 2

24 N St NW
WashingtonDC20001

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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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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property at 1440 N St NW

1440 N St NW

WashingtonDC20005
property at 1300 N St NW

1300 N St NW

WashingtonDC20005

Washington's Best Affordable Neighborhoods

Learn about Washington and the best places to live with original content written by Local Expert Steve Lilly

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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 02, 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

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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

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 $14,995. There are also 194 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Penn Quarter Chinatown ranging from $1,080 to $20,000.

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 $1,080 to $20,000 with an average monthly rent of $4,991.

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.

decorative image for A Washington DC Local Expert's Guide to Top Affordable Neighborhoods for Renters in the DC Metro article

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.