ZIP Code · DC

ZIP 20016

Pop. 32,730·District of Columbia·2nd most expensive ZIP in District of Columbia
Median rent (all units)
$2,740/mo
Year-over-Year
Stable
Month-over-Month
+0.5%
vs US Median
+$808
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 20016 · $2,740
More expensive than 85% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,210
1 BR
$2,280
2 BR
$2,540
3 BR
$3,210
4 BR+
$3,770
Research median
$2,540/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in ZIP 20016 usually run 0.9% below trend in December and 0.5% above it in September, about $38 a month apart at today's median. Based on 9 years of data.

Compared with the peak

Rent in ZIP 20016 is 1.6% below its high of $2,785 in April 2025, at $2,740 as of September 2026.

Past year vs. the rest of District of Columbia

Rent in ZIP 20016 changed -0.1% over the year to September 2026. Across the 21 District of Columbia ZIP codes Zillow tracks, the typical change was +1.5%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 20016 rose 18.3% while median household income rose 15.3% ($155,112 to $178,920). Rent outpaced income.

Since before the pandemic

Rent in ZIP 20016 is 16.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 2 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($178,920) is $4,473 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,770).

Rank in Washington

21st cheapest of 22 ZIP codes in Washington.

Cheaper nearby

ZIP 20008, 2 miles away, rents for 21% less ($2,160/mo), about $7,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 20016. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$32,880/yr
At $2,740/mo median
Location
StateDC
CountyDistrict of Columbia
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-0.1% YoY, +0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 20016 (Washington, DC) is majority owner-occupied, has a large retiree population, has a median income above the national average, 87.5% of residents hold a bachelor's degree or higher.

Population
32,730
Median income
$178,920
Median age
42.7
Renters
35.4%
Age distribution
19.1%
24.3%
24%
22%
Under 1819.1%
18–3424.3%
35–5424%
55–6410.6%
65+22%
Gender
45.8%
54.2%
Male45.8%
Female54.2%
Race & ethnicity
75.5%
White75.5%
Black6.6%
Hispanic8.9%
Asian5.8%
Other3.1%
Education (25+)
87.5%
No HS diploma1.5%
HS diploma4.4%
Some college6.5%
Bachelor's+87.5%
Housing tenure
64.6%
35.4%
Owner64.6%
Renter35.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 20016 in Washington, DC has changed in 5 years

Rent
$2,239 → $2,740
up 22.4%
Income
$156,783 → $178,920
up 14.1%
Population
34,422 → 32,730
down 4.9%
Renter share
34.7% → 35.4%
+0.7 pts
Bachelor's+
88.2% → 87.5%
-0.7 pts
Median age
39.8 → 42.7
+2.9 yrs

Five years ago, renters in ZIP 20016 in Washington, DC paid around $2,239 a month. That figure now sits near $2,740, up 22.4% from the 2021 baseline. Census figures show median household income at $178,920 today, compared with $156,783 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 20016 in Washington, DC losing about 1,692 residents over the five-year window, down 4.9% on net. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

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About renting in ZIP 20016

Last updated: October 17, 2026

ZIP code 20016 covers Washington, DC. The median rent here is $2,740/mo as of October 2026. A 1-bedroom rents for a median of $2,280/mo. A 2-bedroom rents for a median of $2,540/mo.

At 18% of local median household income ($178,920/yr), ZIP 20016 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 20016?

To keep rent at or below 30% of gross income, you would need to earn at least $110,000/year (about $53/hour full-time) to afford the median rent of $2,740/mo in ZIP 20016. The local median household income is $178,920/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 20016?

Rent in ZIP 20016 has been roughly flat over the past year as of September 2026, a -0.1% change. It sits 1.6% below its high of $2,785 in April 2025.

When is the cheapest time to rent in ZIP 20016?

Asking rents in ZIP 20016 are usually lowest in December, about 0.9% below their yearly trend, and highest in September, about 0.5% above it. At today's median that is a gap of roughly $38 a month. This pattern comes from 9 years of Zillow rent data.

Has rent outpaced income in ZIP 20016?

Yes. From 2019 to 2024, rent in ZIP 20016 rose 18.3% while median household income rose 15.3%, from $155,112 to $178,920. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 20016 compare to other ZIPs in District of Columbia?

ZIP 20016 is one of the pricier among District of Columbia ZIP codes for rent, ranking #2 of 22 at $2,740/mo. Over the year to September 2026, rent in ZIP 20016 changed -0.1%, against a typical +1.5% across the 21 District of Columbia ZIP codes Zillow tracks.

How does ZIP 20016 compare to the rest of Washington?

At $2,740/mo, ZIP 20016 is $256 above the Washington citywide median of $2,484/mo. It is the 21st cheapest of 22 ZIP codes in Washington.
Income Affordability
18%
VERY AFFORDABLE

At $2,740/mo, rent takes ~18% of ZIP 20016's median household income ($178,920/yr). The standard benchmark is 30%.

ZIP 20016 18%Benchmark 30%
State income tax4–10.75%
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Schools nearby

Public schools near ZIP 20016 (Washington, DC)

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