
Cheap Apartments for Rent in the Penn Quarter Neighborhood of Washington, DC from $1,400 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Penn Quarter area of Washington.


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Banner Lane

Park East Apartments

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The Iris

Zen Apollo

1500 Mass

Affinity at 2M

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Rowan
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Avec on H Street

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The Phoenix Apartments

The Florian

Columbia Plaza

Arcade Sunshine

The Garrett
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View 14

Artline Apartments

Andover House

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The Aspen

Skyline Towers

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Annex on 12th
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MAA Massachusetts Avenue

Jefferson Marketplace

The DeSoto Apartments

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Alula at Bridge District

The MO

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Alta 801

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Aviator House

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444 8th St NW, Unit SI FL12-ID423
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444 8th St NW, Unit SI FL9-ID1232

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Cortland Pentagon City
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 | $2,296 | $1,475 | $7,809 |
| Penn Quarter 1 Bedroom Apartments | $3,251 | $1,736 | $10,000+ |
| Penn Quarter 2 Bedroom Apartments | $4,557 | $1,908 | $10,000+ |
| Penn Quarter 3 Bedroom Apartments | $7,423 | $2,100 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Penn Quarter Neighborhood of Washington, DC.
See all Apartments in WashingtonExplore Washington
Penn Quarter, Washington, DC Local Guide
- Nearby Washington neighborhoods
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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 $1,488. Park East Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,499. Here are the most affordable Penn Quarter apartments for rent in Washington, DC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Banner Lane | S3 | Studio,1BA | $1,488 |
| Park East Apartments | 0BR/1.0BA | Studio,1BA | $1,499 |
| 1500 Mass | FPB 423 | Studio,1BA | $1,600 |
| Affinity at 2M | Studio Plan A Market | Studio,1BA | $1,600 |
| Zen Apollo | Urban One - 478 | Studio,1BA | $1,650 |
| Waterside Towers | Garden (1 Bedroom Inside) | 1BR,1BA | $1,748 |
| Maple View Flats | 1 Bed/1 Bath 40%-1S (m254aa41) | 1BR,1BA | $1,795 |
| The Florian | Studio - 382 | Studio,1BA | $1,816 |
| Columbia Plaza | Georgetown | Studio,1BA | $1,850 |
| The Phoenix Apartments | Renovated Studio 03A Tier | Studio,1BA | $1,899 |
Best Value Apartments for Rent in Penn Quarter, DC
As of July 27, 2026 the best value apartment in the Penn Quarter area is the $2.06 price per square foot 2 Bed/2 Bath Model at Historic Row Apartments in the in the Mount Vernon Square neighborhood starting from $3,950. The second greatest value Penn Quarter apartment is the 3 Bedroom Model at Skyline Towers starting at $4,795 with a $3.10 price per square foot in the Northwest Washington 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. |
|---|---|---|---|
| Historic Row Apartments | 2 Bed/2 Bath | 2BR,2BA | $2.06 |
| Skyline Towers | 3 Bedroom | 3BR,2BA | $3.10 |
| Waterside Towers | Garden (2 Bedroom Outside) | 2BR,1BA | $2.78 |
| Avec on H Street | 2-A | 2BR,2BA | $3.54 |
| Park East Apartments | 2BR/1.0BA | 2BR,1BA | $3.41 |
| Banner Lane | B2 | 2BR,1BA | $3.32 |
| Cortland Pentagon City | A4 | 1BR,1BA | $3.48 |
| Maple View Flats | 1 Bed/1 Bath 40%-1S (m254aa41) | 1BR,1BA | $2.87 |
| Andover House | E1A | Studio ,1BA | $3.47 |
| Zen Apollo | Urban One - 478 | Studio ,1BA | $3.45 |
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.
Read ArticleRent Smart in Washington DC: Best Neighborhoods to Rent for University Students
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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.
Read ArticleQuick 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.
Pet Friendly LifestylePenn Quarter, Washington, DC
Ranked #44
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 $1,899.
What is the price of a cheap apartment in Penn Quarter?
The cheapest apartment in Penn Quarter is Waterside Towers which is listed at $1,748, while the average apartment in Penn Quarter costs $7,402.
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 228 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 $1,732 which is $5,670 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

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