Southwest Waterfront is a prime-tier Washington DC submarket with average asking rent around $64/sqft/yr.

  • Average asking rent: $64/sqft/yr.
  • Tier: prime.
  • Citywide Class A rent context: $58/sqft/yr ($58 USD).
  • Citywide vacancy: 19.4% — submarket-level availability is typically tighter at prime tier.

Southwest Waterfront, Washington DC office rents and availability

Southwest Waterfront is a prime-tier Washington DC submarket with average asking rent around $64/sqft/yr.

TL;DR

  • Average asking rent: $64/sqft/yr.
  • Tier: prime.
  • Citywide Class A rent context: $58/sqft/yr ($58 USD).
  • Citywide vacancy: 19.4% — submarket-level availability is typically tighter at prime tier.

Where rent sits

Southwest Waterfront averages around $64/sqft/yr for Class A, against a citywide Class A index of 58. As a prime submarket, rent runs at or above city average with mostly tight availability.

Availability dynamics

The Wharf-anchored mixed-use frontier. Defense contractors, federal agencies (HUD, FAA), professional services.

Key facts

cityWashington DC
submarketSouthwest Waterfront
tierprime
averageRentLocal$64/sqft/yr
cityClassARentUsd$58/sqft/yr
cityVacancyPct19.4%

Frequently asked questions

What is the average Class A rent in Southwest Waterfront, Washington DC?
Around $64/sqft/yr. The citywide Class A index sits at $58/sqft/yr.

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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