Washington, D.C. is the capital of the United States of America, making it the main hub for American politics and history. The district offers a peek into the country’s democratic origin. While there are free museums to take advantage of, the major draw here is the memorials and monuments dedicated to great American leaders. Visit the Reflecting Pool within the National Mall, among the most patriotic places in the country, where you can explore our nation's military history, climb the steps to visit Abe Lincoln, and journey to the top of the Washington Monument. Residents and visitors alike are treated to the amazingly beautiful cherry blossoms in the spring. There are no shortages of cultural cuisine in DC either, with a vast array of dining experiences to choose from. Sports fans in the nation's capital cheer on the NFL's Washington Redskins, MLB's Washington Nationals, the NHL's Washington Capitals, the NBA's Washington Wizards, and MLS' DC United.
Property Management in Washington D.C.
The population in Washington D.C. is in a state of constant change. No surprise, being the largest political hub in the nation. Since there are constantly politicians and their staff moving into and out of the city, the rental market is gigantic, with only 37% of the residents owning a home (source: RealEstate.com). This is advantageous to rental owners and property managers alike, as there is an abundance of property management companies to choose from.
Finding the Right Property Management Firm
Investment property owners in Washington DC are challenged with finding the right property management companies for their needs. With so many companies to choose from, how do you know which ones will handle your property with the care that it deserves? We have taken out the guesswork. Submit your information, and we will provide you with a list of the most reputable property management companies who are eager to earn your business. From listing and leasing the property to managing everyday maintenance and landscaping needs, the right property management company is just a quick search away!
Washington D.C. Rental Property Info
The percent of rental properties is 35.86% above the national average. (Source: RealEstate.com)
The vacancy rate is 7.82%. (Source: RealEstate.com)
Average Rent (December 2013) is $1,823.00 (Source: RentJungle.com)
Average Rent has increased by 2% over the prior 6 months (December 2013). (Source: RentJungle.com)