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from $1,800Studio to 3 Bedroom Apartments Available Now
Affinity at 2M
2 M St NEWashington, DC 20002
Cheap Apartments for Rent in the Penn Quarter Neighborhood of Washington, DC from $1,800 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Penn Quarter area of Washington.
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from $1,851Studio to 3 Bedroom Apartments Available Now
AVA NoMa
55 M St NEWashington, DC 20002
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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from $1,905Studio to 3 Bedroom Apartments Available Now
The Florian
1 Florida Ave NEWashington, DC 20002
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from $1,914Studio to 4 Bedroom Apartments Available Now
Waterside Towers
907 6th St SWWashington, DC 20024
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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from $1,999Studio to 2 Bedroom Apartments Available Now
The Westerly
350 Maple Dr SWWashington, DC 20024
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from $2,070Studio to 2 Bedroom Apartments Available Now
Andover House
1200 14th St NWWashington, DC 20005
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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from $2,138Studio to 3 Bedroom Apartments Available Now
Annex on 12th
300 12th St SWWashington, DC 20024
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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 | $2,424 | $1,800 | $7,587 |
| Penn Quarter 1 Bedroom Apartments | $3,156 | $1,914 | $7,616 |
| Penn Quarter 2 Bedroom Apartments | $4,736 | $2,314 | $10,000+ |
| Penn Quarter 3 Bedroom Apartments | $5,174 | $3,999 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 8 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
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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 Affinity at 2M priced from $1,800. AVA NoMa has the second lowest priced unit, which is a Studio apartment currently listed from $1,851. Here are the most affordable Penn Quarter apartments for rent in Washington, DC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Affinity at 2M | Studio | Studio,1BA | $1,800 |
| AVA NoMa | S1-451-sch-1 | Studio,1BA | $1,851 |
| The Florian | Studio | Studio,1BA | $1,905 |
Best Value Apartments for Rent in Penn Quarter, DC
As of May 13, 2025 the best value apartment in the Penn Quarter area is the $3.76 price per square foot Floor Plan H Model at The Woodward Building Apartments in the in the Mount Vernon Square neighborhood starting from $4,540. The second greatest value Penn Quarter apartment is the 2 Bed/2 Bath-B17 Model at The Westerly starting at $5,095 with a $4.30 price per square foot in the Mall 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. |
|---|---|---|---|
| The Woodward Building Apartments | Floor Plan H | 2BR,2BA | $3.76 |
| The Westerly | 2 Bed/2 Bath-B17 | 2BR,2BA | $4.30 |
| The Apartments at City Center | Tier 32.0 - 1 Bed w/Den/1 Bath | 1BR,1BA | $4.89 |
| Andover House | A1G | 1BR,1BA | $3.16 |
| The Lexington at Market Square | 1Bed 1 Bath | 1BR,1BA | $4.39 |
| Waterside Towers | Tower (Efficiency) | Studio ,1BA | $3.30 |
| Affinity at 2M | Studio | Studio ,1BA | $3.26 |
| The Kiley | Garden | 1BR,1BA | $4.12 |
| AVA NoMa | S1-451-sch-1 | Studio ,1BA | $4.10 |
| The Florian | Studio | Studio ,1BA | $4.99 |
Quick Rent Budget Calculator
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Pet Friendly LifestylePenn Quarter, Washington, DC
Ranked #55
Among neighborhoods in Washington, DC for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Penn Quarter Neighborhood in Washington, DC
Walk Score®
99 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
87 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
100 / 100
Rider’s Paradise
World-class public transportation
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $2,911.
What is the price of a cheap apartment in Penn Quarter?
The cheapest apartment in Penn Quarter is Waterside Towers which is listed at $1,914, while the average apartment in Penn Quarter costs $4,519.
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 81 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 $700 which is $3,819 cheaper than the average rent for all rentals in Penn Quarter.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.