
Cheap Apartments for Rent in the Penn Quarter Neighborhood of Washington, DC from $1,300 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the Penn Quarter area of Washington.


Capital Plaza Apartments

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The Iris

Zen Apollo

Affinity at 2M

Alula at Bridge District

Stratos at Bridge District

Arcade Sunshine
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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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SoNYa

Pinnacle

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The Aspen

Avec on H Street

The Metropolitan Apartments

The Kiley

Maple View Flats

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Market House
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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The Garrett

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Slate at NoMa

Balsa

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Capitol View on 14th

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Banner Lane

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OZMA

Artline Apartments

AdMo Heights
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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Alta 801

Waterside Towers

Jefferson Marketplace

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Annex on 12th

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The Esquire on Fifth

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The MO

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Mass Court

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Zephyr at Wardman Park
Discover DC: The Insider's Guide to Renting in Our Nation's Capital
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Andover House

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View 14

The Woodward Building Apartments

MAA Massachusetts Avenue

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Vermeer

The DeSoto Apartments

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City Ridge

Crosby
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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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 | $2,208 | $1,431 | $6,582 |
| Penn Quarter 1 Bedroom Apartments | $2,894 | $1,633 | $10,000+ |
| Penn Quarter 2 Bedroom Apartments | $4,240 | $1,812 | $10,000+ |
| Penn Quarter 3 Bedroom Apartments | $7,021 | $2,100 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 41 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
- Nearby Washington neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
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 Union Heights priced from $1,324. The Iris has the second lowest priced unit, which is a Studio apartment currently listed from $1,529. Here are the most affordable Penn Quarter apartments for rent in Washington, DC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Union Heights | S4A | Studio,1BA | $1,324 |
| The Iris | S2AFF | Studio,1BA | $1,529 |
| Zen Apollo | Urban One - 447 | Studio,1BA | $1,595 |
| Alula at Bridge District | Studio - Alula - E02 | Studio,1BA | $1,607 |
| Stratos at Bridge District | Studio - Stratos - AA10 | Studio,1BA | $1,639 |
| Arcade Sunshine | LUNA | Studio,1BA | $1,653 |
| Capital Plaza Apartments | STUDIO (ST 1) | Studio,1BA | $1,655 |
| SoNYa | A1.1 | Studio | 1 Bath | Studio,1BA | $1,671 |
| Pinnacle | S5 | Studio,1BA | $1,679 |
| The Aspen | Studio One Bath (401 SF) | Studio,1BA | $1,724 |
Best Value Apartments for Rent in Penn Quarter, DC
As of February 19, 2026 the best value apartment in the Penn Quarter area is the $3.69 price per square foot B2C Model at Andover House in the in the Mount Vernon Square neighborhood starting from $4,270. The second greatest value Penn Quarter apartment is the 2 Bedroom 2 Bath Plan B Market Model at Affinity at 2M starting at $3,325 with a $3.55 price per square foot in the Mount Vernon Square 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. |
|---|---|---|---|
| Andover House | B2C | 2BR,2BA | $3.69 |
| Affinity at 2M | 2 Bedroom 2 Bath Plan B Market | 2BR,2BA | $3.55 |
| Avec on H Street | 2-1-A | 2BR,1BA | $3.54 |
| Maple View Flats | 1 Bed/1 Bath 40%-1P (m254aa44) | 1BR,1BA | $2.85 |
| Waterside Towers | Tower (Efficiency) | Studio ,1BA | $3.18 |
| The MO | One Bedroom A1F | 1BR,1BA | $3.71 |
| Mass Court | Studio 546 | Studio ,1BA | $3.63 |
| SoNYa | A1 | Studio | 1 Bath | Studio ,1BA | $3.67 |
| Union Heights | S5A | Studio ,1BA | $3.30 |
| Zen Apollo | Urban One - 447 | Studio ,1BA | $3.57 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleRent 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 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 #37
Among cities in District of Columbia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet 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 $1,724.
What is the price of a cheap apartment in Penn Quarter?
The cheapest apartment in Penn Quarter is Union Heights which is listed at $1,633, while the average apartment in Penn Quarter costs $6,297.
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 730 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 $2,445 which is $3,852 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
Written by: Steve Lilly
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
Written by: Steve Lilly
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.