Cheap Homes for Rent in Downtown Penn Quarter Chinatown Neighborhood of Washington, DC from $1,000 (30 Rentals)

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

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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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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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 350 G St SW

$1,700 - $2,600

Studio To 2 Bedroom Rentals

Available Now

350 G St SW

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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 BStudio,1BA$1,369
Capitol Park TowerStudioStudio,1BA$1,450
1500 MassFPB 423Studio,1BA$1,470
The IrisS2AFFStudio,1BA$1,508
The BelgardM2Studio,1BA$1,522
MiramarSTUDIOStudio,1BA$1,530
The Phoenix ApartmentsStudio 04 TierStudio,1BA$1,599
Capital Plaza ApartmentsSTUDIO (ST 1)Studio,1BA$1,599

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

As of January 19, 2026 the best value apartment in the Downtown Penn Quarter Chinatown area is the $2.74 price per square foot H Model at The Ashton at Judiciary Square in the in the Mount Vernon Square neighborhood starting from $7,436. 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$2.74
Historic Row Apartments2 Bed/2 Bath2BR,2BA$2.66
1314 5th St NW, Unit 11314 5th St NW3BR,2.5BA$2.95
The Lansburgh1BR1BR,1BA$3.04
Carmel PlazaTwo Bedroom2BR,1BA$3.05
603 G St SW, Unit BasementFurnishedAPT603 G St SW1BR,1BA$2.27
1304 N Capitol St NW, Unit A1304 N Capitol St NW1BR,1BA$2.23
Capitol Park TowerJr2 BR / 2 BA2BR,2BA$3.14
The KileyAnthem A1BR,1BA$3.11
MiramarSTUDIOStudio ,1BA$3.33

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 394 Apartments for Rent in Downtown Penn Quarter Chinatown, DC with pricing that ranges from $1,246 to $18,884. There are also 175 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Penn Quarter Chinatown ranging from $1,080 to $10,000.

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 $10,000 with an average monthly rent of $3,805.

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

I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, DC.

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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.

Articles, How-To's, and Tips

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

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.

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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!