Property Management in Washington DC: Living in Dupont Circle
This article is part of a series on the neighborhoods of Washington D.C. This article profiles Dupont Circle’s attractions and demographics to help you understand types of tenants likely to be interested in the area and how to market your rental home to them. If you are looking for property management, the information should help you ask questions to determine the company’s familiarity with the neighborhood rental market and ability to market your property successfully.
Facts and Figures
In Dupont Circle, renters live in 60 percent of homes, while owners live in 32 percent. Households have an average of only one resident and only 3 percent have children. Annual residential turnover is 20 percent, with residents spending a median of 3 years in the neighborhood.
Dupont Circle is a gorgeous historic neighborhood that developed after the Civil War. The Dupont Circle Historic District covers a large part of the neighborhood. The historic residences and upscale retail attract residents to the area, which also features office buildings, embassies, and other institutions. Residents are also drawn to the walkability of the neighborhood, as well as its myriad cultural and entertainment opportunities. From bookstores and museums to art galleries and bars, Dupont Circle has a lot to offer for potential residents.
The dining and nightlife options in Dupont Circle include Komi, Tabard Inn, Firefly, Agora Restaurant, Urbana, Obelisk, Little Serow, and Mai Thai, among many others. Additional attractions of the area are the Kramerbooks bookstore, and ArtJamz, a public art studio and lounge. Prospective neighborhood residents can also enjoy a number of museums, such as The Phillips Collection, the National Museum of American Jewish Military History, and the Textile Museum.
Dupont Circle residents will find most necessities within easy walking distance, along with great bike infrastructure and fantastic transportation options.The Dupont Circle station is on the Red Line, and Metrobus routes 7, 42, D1, D3, D6, G2, H1, L1, L2, N2, N4, and N6 serve the neighborhood. The D.C. Circulator’s Dupont Circle-Georgetown-Rosslyn route bus and the Georgetown University Shuttle also stop in the neighborhood. For tenants who don’t own a car, 15 car shares are available through Zipcar and Hertz on Demand. And Capital Bikeshare provides bike share programs. WalkScore.com gives Dupont Circle a Walk Score of 97, a Transit Score of 94, and a Bike Score of 90.
Unique Neighborhood Events
The Dupont Circle Farmers Market is held at 20 Street NW, between Massachusetts Avenue and Hillyer Place on Sundays between 10 am and 1 pm from January to March, and between 9 am and 2 pm from April to December.
The Dupont Festival is an organization that plans events throughout the year for neighborhood residents of the neighborhood. Programs include jazz- and chess-related events, a World Cup Fan Festival, and the Dupont Circle 17th Street Festival, held annually in September.