Southwest Waterfront (prime, ~$64/sqft/yr) is one of 6 Washington DC Class A submarkets we track.
Southwest Waterfront (prime, ~$64/sqft/yr) is one of 6 Washington DC Class A submarkets we track.
**East End** (trophy, $75/sqft/yr) — DC's principal trophy submarket. **Central Business District** (prime, $60/sqft/yr) — K Street's traditional law and lobbying spine. **NoMa** (prime, $55/sqft/yr) — Repositioned tech and government corridor north of Union Station. **Georgetown & West End** (established, $58/sqft/yr) — Boutique HQ market on the river. **Arlington (Rosslyn–Ballston)** (prime, $52/sqft/yr) — Defense and tech corridor across the Potomac.
| city | Washington DC |
|---|---|
| submarket | Southwest Waterfront |
| tier | prime |
| averageRentLocal | $64/sqft/yr |
| cityClassARentUsd | $58/sqft/yr |
| cityVacancyPct | 19.4% |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.