Search the lowest-cost Apartments available for rent right now in the Penn Quarter area of Washington.
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| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penn Quarter Studio Apartments | $2,151 | $1,420 | $6,753 |
| Penn Quarter 1 Bedroom Apartments | $2,999 | $1,447 | $10,000+ |
| Penn Quarter 2 Bedroom Apartments | $4,425 | $1,908 | $10,000+ |
| Penn Quarter 3 Bedroom Apartments | $7,090 | $2,100 | $10,000+ |
There are currently 41 rentals with your search options within a 2 mile radius of the Penn Quarter Neighborhood of Washington, DC.
See all Apartments in WashingtonThe cheapest available apartment rental in the Penn Quarter area of Washington, DC is a Studio unit found at 1500 Mass priced from $1,420. Union Heights has the second lowest priced unit, which is a Studio apartment currently listed from $1,443. Here are the most affordable Penn Quarter apartments for rent in Washington, DC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1500 Mass | FPA 456 | Studio,1BA | $1,420 |
| Union Heights | S1A | Studio,1BA | $1,443 |
| Banner Lane | A2 - Affordable | 1BR,1BA | $1,447 |
| Park East Apartments | 0BR/1.0BA | Studio,1BA | $1,475 |
| The Iris | S5AFF | Studio,1BA | $1,529 |
| Zen Apollo | Urban One - 447 | Studio,1BA | $1,595 |
| Affinity at 2M | Studio Plan A Market | Studio,1BA | $1,600 |
| Arcade Sunshine | LUNA | Studio,1BA | $1,653 |
| Stratos at Bridge District | Studio - Stratos - AA10 | Studio,1BA | $1,713 |
| Alula at Bridge District | Studio - Alula - E01 | Studio,1BA | $1,714 |
As of April 05, 2026 the best value apartment in the Penn Quarter area is the $2.66 price per square foot 2 Bed/2 Bath Model at Historic Row Apartments in the in the Mount Vernon Square neighborhood starting from $3,850. The second greatest value Penn Quarter apartment is the D1 Model at Jefferson Marketplace starting at $4,156 with a $3.46 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. |
|---|---|---|---|
| Historic Row Apartments | 2 Bed/2 Bath | 2BR,2BA | $2.66 |
| Jefferson Marketplace | D1 | 3BR,2BA | $3.46 |
| Andover House | B2C | 2BR,2BA | $3.56 |
| Capitol View on 14th | Two Bedroom B2B | 2BR,2BA | $3.72 |
| Mass Court | Alban V | 1BR,1BA | $3.35 |
| Maple View Flats | 1 Bed/1 Bath 60%-1E (m254aa05) | 1BR,1BA | $2.85 |
| Waterside Towers | Tower (Efficiency) | Studio ,1BA | $3.32 |
| Park East Apartments | 0BR/1.0BA | Studio ,1BA | $3.09 |
| Union Heights | S5A | Studio ,1BA | $3.68 |
| Zen Apollo | Urban One - 447 | Studio ,1BA | $3.57 |
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Read ArticleThe 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.
If you’re an expert on all things Penn Quarter, tell us what you love (and don't) by rating it and writing a review.
Write a ReviewAmong cities in District of Columbia for Apartment listings with Pet Friendly Amenities.
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Penn Quarter is under $1,714.
The cheapest apartment in Penn Quarter is Banner Lane which is listed at $1,447, while the average apartment in Penn Quarter costs $6,110.
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 593 regular apartments in Penn Quarter that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in Penn Quarter have an average cost of $2,141 which is $3,969 cheaper than the average rent for all rentals in Penn Quarter.
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.
Written by: Steve Lilly
I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, DC.
Written by: Steve Lilly
I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, DC.
Written by: Steve Lilly
I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, D.C.
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.
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.
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
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.
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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