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$1,424 - $10,684Studio to 2 Bedroom Apartments Available Now
Arcade Sunshine
713 Lamont St NWWashington, DC 20010
Cheap Apartments for Rent in the Penn Quarter Neighborhood of Washington, DC from $1,400 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the Penn Quarter area of Washington.
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$1,475 - $2,123Studio to 1 Bedroom Apartments Available Now
Capital Plaza Apartments
35 E St NWWashington, DC 20001
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$1,529 - $3,990
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$1,529 - $3,990
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The Iris
7 M St NEWashington, DC 20002
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$1,595 - $8,765Studio to 2 Bedroom Apartments Available Now
Zen Apollo
1234 Massachusetts Ave NWWashington, DC 20005
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$1,619 - $2,333Studio to 2 Bedroom Apartments Available Now
1500 Mass
1500 Massachusetts Ave NWWashington, DC 20005
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$1,662 - $2,125Studio to 1 Bedroom Apartments Available Now
Park East Apartments
1845 Summit Pl NWWashington, DC 20009
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$1,699 - $1,899Studio Apartments Available Now
The Phoenix Apartments
1421 Massachusetts Ave NWWashington, DC 20005
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$1,701 - $4,396
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$1,701 - $4,396
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$1,701 - $4,396
Banner Lane
44 Banner LnWashington, DC 20001
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$1,735 - $3,605Studio to 2 Bedroom Apartments Available Now
Avec on H Street
801-901 H St NEWashington, DC 20002
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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$1,738 - $7,003Studio to 3 Bedroom Apartments Available Now
The Kiley
600 4th St SWWashington, DC 20024
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$1,780 - $4,205Studio to 3 Bedroom Apartments Available Now
The Florian
1 Florida Ave NEWashington, DC 20002
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$1,784 - $1,7951 Bedroom Apartments Available Now
Maple View Flats
2228 Martin Luther King Jr Ave SEWashington, DC 20020
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$1,787 - $6,725
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$1,787 - $6,725
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Market House
1240 3rd St NEWashington, DC 20002
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$1,800 - $7,407
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$1,800 - $7,407
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The Aspen
1011 4th St NWWashington, DC 20001
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$1,846 - $3,735
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$1,846 - $3,735
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SoNYa
40 Patterson St NEWashington, DC 20002
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$1,848 - $3,449Studio to 4 Bedroom Apartments Available Now
Waterside Towers
907 6th St SWWashington, DC 20024
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$1,850 - $3,465Studio to 2 Bedroom Apartments Available Now
Affinity at 2M
2 M St NEWashington, DC 20002
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$1,875 - $6,115Studio to 2 Bedroom Apartments Available Now
The Garrett
150 I St SEWashington, DC 20003
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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$1,878 - $4,917
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$1,878 - $4,917
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Slate at NoMa
51 M St NEWashington, DC 20002
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$1,933 - $4,861
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$1,933 - $4,861
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Alula at Bridge District
650 Howard Rd SEWashington, DC 20020
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$1,936 - $6,927
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$1,936 - $6,927
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Stratos at Bridge District
600 Howard Rd SEWashington, DC 20020
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$1,949 - $3,279Studio to 2 Bedroom Apartments Available Now
View 14
2303 14th St NWWashington, DC 20009
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$1,975 - $2,807Studio to 1 Bedroom Apartments Available Now
The Statesman
2020 F St NWWashington, DC 20006
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$2,006 - $4,232
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$2,006 - $4,232
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Alta 801
801 New Jersey Ave NWWashington, DC 20001
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$2,050 - $5,409Studio to 3 Bedroom Apartments Available Now
Jefferson Marketplace
1510-1514 7th St NWWashington, DC 20001
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$2,066 - $3,014Studio to 1 Bedroom Apartments Available Now
AdMo Heights
1777 Columbia Rd NWWashington, DC 20009
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$2,100 - $14,760
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$2,100 - $14,760
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Annex on 12th
300 12th St SWWashington, DC 20024
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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$2,106 - $4,047Studio to 2 Bedroom Apartments Available Now
Capitol View on 14th
2400 14th St NWWashington, DC 20009
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$2,125 - $4,725Studio to 2 Bedroom Apartments Available Now
Highbridge
2512 Q StWashington, DC 20007
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$2,129 - $5,5971 to 3 Bedroom Apartments Available Now
The MO
440 Penn St NEWashington, DC 20002
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$2,130 - $13,315Studio to 3 Bedroom Apartments Available Now
MAA Massachusetts Avenue
1499 Massachusetts Ave NWWashington, DC 20005
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$2,132 - $10,485
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$2,132 - $10,485
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Vermeer
113 Potomac Ave SWWashington, DC 20024
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$2,172 - $4,212Studio to 2 Bedroom Apartments Available Now
Artline Apartments
301 M St SWWashington, DC 20024
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$2,185 - $5,385Studio to 2 Bedroom Apartments Available Now
Andover House
1200 14th St NWWashington, DC 20005
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$2,214 - $18,478
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$2,214 - $18,478
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Mass Court
300 Massachusetts Ave NWWashington, DC 20001
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$2,239 - $12,846
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$2,239 - $12,846
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City Ridge
20 Ridge Square NWWashington, DC 20016
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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$2,355 - $5,275Studio to 2 Bedroom Apartments Available Jul 7
The DeSoto Apartments
1445 P St NWWashington, DC 20005
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$2,397 - $16,717
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$2,397 - $16,717
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Zephyr at Wardman Park
2601 Calvert St NWWashington, DC 20008
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$2,136 - $10,764
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$2,107 - $10,735
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Cortland Pentagon City
1221-1331 S Eads StArlington, VA 22202
Showing Results 1-39, Page 1 of 1
Penn Quarter, Washington, DC Local Guide
How much does it cost to rent an apartment in Penn Quarter?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penn Quarter Studio Apartments | $2,238 | $1,424 | $7,809 |
| Penn Quarter 1 Bedroom Apartments | $3,082 | $1,736 | $10,000+ |
| Penn Quarter 2 Bedroom Apartments | $4,431 | $1,908 | $10,000+ |
| Penn Quarter 3 Bedroom Apartments | $7,715 | $2,100 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 39 rentals with your search options within a 2 mile radius of the Penn Quarter Neighborhood of Washington, DC.
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Penn Quarter, Washington, DC Local Guide
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Cheapest Available Penn Quarter Apartments for Rent
The cheapest available apartment rental in the Penn Quarter area of Washington, DC is a Studio unit found at Banner Lane priced from $1,456. 1500 Mass has the second lowest priced unit, which is a Studio apartment currently listed from $1,572. Here are the most affordable Penn Quarter apartments for rent in Washington, DC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Banner Lane | S6 | Studio,1BA | $1,456 |
| 1500 Mass | FPA 456 | Studio,1BA | $1,572 |
| Zen Apollo | Urban One - 550 | Studio,1BA | $1,650 |
| Park East Apartments | 0BR/1.0BA | Studio,1BA | $1,662 |
| The Phoenix Apartments | Studio 07 Tier | Studio,1BA | $1,699 |
| Capital Plaza Apartments | STUDIO (ST 1) | Studio,1BA | $1,699 |
| Avec on H Street | Studio-A | Studio,1BA | $1,735 |
| The Kiley | Union | Studio,1BA | $1,738 |
| Market House | Market House S5 | Studio,1BA | $1,758 |
| The Florian | Studio - 382 | Studio,1BA | $1,776 |
Best Value Apartments for Rent in Penn Quarter, DC
As of June 12, 2026 the best value apartment in the Penn Quarter area is the $3.14 price per square foot 2 Bedroom 2 Bath Plan D Market Model at Affinity at 2M in the in the Mount Vernon Square neighborhood starting from $3,100. The second greatest value Penn Quarter apartment is the One Bedroom Den A2AD Model at View 14 starting at $3,046 with a $3.53 price per square foot in the Howard University neighborhood. Here is today’s list of the best values for Penn Quarter apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Affinity at 2M | 2 Bedroom 2 Bath Plan D Market | 2BR,2BA | $3.14 |
| View 14 | One Bedroom Den A2AD | 1BR,2BA | $3.53 |
| Banner Lane | B2 | 2BR,1BA | $3.30 |
| Arcade Sunshine | CELESTIAL | Studio ,1BA | $3.09 |
| Maple View Flats | 1 Bed/1 Bath 40%-1S (m254aa41) | 1BR,1BA | $2.87 |
| Andover House | E1B | Studio ,1BA | $3.55 |
| Waterside Towers | Tower (Efficiency) | Studio ,1BA | $3.23 |
| Park East Apartments | 1BR/1.0BA | 1BR,1BA | $3.61 |
| Cortland Mount Vernon | S1 - Renovated | Studio ,1BA | $3.49 |
| Zen Apollo | Urban One - 478 | Studio ,1BA | $3.56 |
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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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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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 LifestylePenn Quarter, Washington, DC
Ranked #40
Among cities in District of Columbia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Penn Quarter Apartments
What is a cheap apartment in Penn Quarter?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Penn Quarter is under $1,776.
What is the price of a cheap apartment in Penn Quarter?
The cheapest apartment in Penn Quarter is Banner Lane which is listed at $1,772, while the average apartment in Penn Quarter costs $7,864.
What types of apartments are the cheapest in Penn Quarter?
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 392 regular apartments in Penn Quarter 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 Penn Quarter?
Cheap apartments in Penn Quarter have an average cost of $2,398 which is $5,466 cheaper than the average rent for all rentals in Penn Quarter.
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
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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
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Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.