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Greetings!
Last month, the nationwide
apartment vacancy rate hit 7.8%, its highest level in 23 years. DC has escaped the worst of this trend, but
there remains a strong need to fill vacancies quickly.
Thanks in part to our clever advertising campaign -
and to renter frustration with the prevailing options - Urban Igloo's business continues
to grow. Each month, our website attracts thousands of renters eager to use our state-of-the-art property search tool and view a
growing inventory of apartments and houses across the DC area.
This month's Rent Check brings valuable tips and information for both renters
and landlords, including a neighborhood spotlight on Rosslyn, a tip of the
month on rental incentives, and a look inside a beautiful property
in Woodley Park.
And remember ... the next
time you talk to someone looking for a renter or a rental, please tell them to
visit our website or call 877.IGLOODC (445.6632).
- Rick Gersten, Founder and Managing Partner
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Tip of the Month: Rental Incentives
The soft apartment market has been good news for renters. A growing number of landlords continue to
offer incentives to make their properties more attractive. Here are the most common incentives we see in the DC area:
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Free month's rent (or even 2 or 3
months of free rent)
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13 months rent for the price of 12
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Free or discounted parking
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Move in and pet fees discounted or
waived
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Reduced rent
There are still plenty of landlords not offering incentives, so don't assume this will always be an option. But as you're apartment searching, tell your Urban Igloo agent when you really like a place that's out of your price range. Especially with condos, we can talk with the landlord and often facilitate a match.
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Neighborhood Spotlight: Rosslyn
Perched across the Potomac from
northwest DC, with a wide range of apartment and condo buildings, Rosslyn is a
popular spot with DC area renters. Thinking about renting in
Rosslyn? Here are some of the top reasons people move (and stay) there: -
Proximity to DC. It's easier to get to
Georgetown from Rosslyn than from most parts of the District - a mere 10 minute
walk over the Key Bridge. You can take advantage of Georgetown's
restaurants, nightlife, and shopping, without paying Georgetown's rents.
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Great neighborhood restaurants. Given its bustling
weekday lunch crowd from nearby office buildings, it's no surprise that Rosslyn
has lots of fast food and fast casual chain options. But Rosslyn is also
home to some of DC's most popular indie cheap eats, including Pho 75 and Ray's
Hell Burger (even more popular since Obama's visit). And Cafe Asia is always packed with locals during
happy hour and dinner.
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Unique offerings such
as the Rosslyn Jazz Festival, a weekly
farmers market, public art displays, 2 theaters, and instant access to a multitude
of bike paths and trails.
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Iwo Jima Park with tremendous
views of the DC skyline, and a coveted spot for 4th of July fireworks.
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Easy access to northern VA. Rosslyn is bordered by Route 50
on its south side, I-66 and GW Parkway on its north side, and 110/I-395 on its
east side. This makes it a convenient spot for people who want to live
near DC but work in Tyson's, the Dulles Corridor, or other parts of northern
Virginia. It also makes for an easy getaway on weekends.
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Metro access to blue and orange lines. Major
downtown work hubs like Farragut West and Dupont Circle are just a few stops
away. On weekends, you can be at the Smithsonian's many museums from a
10-minute metro ride. And it's just a
5-stop direct shot to Reagan National Airport.
Urban Igloo has a number of apartments available in Rosslyn, including this 1 BR, this 1 BR w/den, and this 2 BR. See all of our Rosslyn apartments by visiting our website. |
Featured Property: Connecticut Ave. in Woodley Park
Interested in living in DC's vibrant
Woodley Park? Located just 2 blocks north of the Metro and 2 blocks south
of the Zoo, this beautifully landscaped property is home to one of the best addresses in the
city. It's also one of the few apartment buildings in DC that allows cats. Other amenities and benefits include:-
Access to downtown by Rock Creek Parkway or Connecticut Ave.
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24-hour fitness center
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Roof decks with patio furniture
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A fully-furnished guest suite available for visiting friends or
relatives
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Fully equipped Club room for events
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On-site garage parking (spaces limited)
Learn more about the studios, 1 BRs, and 2BRs available at this property.
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| What Customers Are Saying
"When I relocated from the west coast this month, I had a great experience working with the Urban Igloo team. They took all the stress out of researching and visiting potential apartments. Rick, Alex, and Debbie were knowledgeable, respected my search criteria, drove me all around town, and even advised me during the decision process. I appreciated their follow-up and the company proved very valuable. If you're new to DC or just want to feel confident about your next move, you should contact Urban Igloo - a local rental market expert."
- M. Perry (Washington, D.C.)
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Urban Igloo Newsletter
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