What is the average asking rent for office space in Washington D.C.?

PropZone aggregates office asking-rent data for Washington D.C. from major brokerage market reports; see the quarterly table for the latest available figures.

What is the office vacancy rate in Washington D.C.?

The office vacancy rate in Washington D.C. was 11.7% as of Q4 2025 (Cushman & Wakefield).

Where does PropZone's Washington D.C. market data come from?

This report aggregates quarterly office market data for Washington D.C. from Cushman & Wakefield, Cresa, Lee Associates, CBRE, Colliers, Avisonyoung.

Washington D.C. Office Market Report

By PropZone Research · Data through Q1 2026 · Aggregated from Cushman & Wakefield, Cresa, Lee Associates, CBRE, Colliers, Avisonyoung

Quarterly office market indicators for Washington D.C., aggregated by PropZone from Cushman & Wakefield, Cresa, Lee Associates, CBRE, Colliers, Avisonyoung. As of Q4 2025, average asking rent was — with a 11.7% vacancy rate.

Projected current office pricing — Washington D.C.

low confidence

Projected asking rent

$60.03–$61.80/SF/yr

Estimated sale value

$552–$739/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q4 2025 multiple brokerages data (cap rate 5.0%, asking rent trend-adjusted to today). Assumes ~92% occupancy (vacancy not reported) and a 50–65% net-operating-income margin.

Quarter	Asking rent	Vacancy	Net absorption	Under constr.	Source
Q1 2026	—	—	-1K SF	—	Cushman & Wakefield
Q4 2025	—	11.7%	-1K SF	—	Cushman & Wakefield
Q4 2025	$60.03/SF	20.9%	-1.0M SF	—	Cresa
Q4 2023	$26.00/SF	9.0%	100K SF	—	Lee Associates
Q4 2023	—	24.5%	2K SF	—	CBRE
Q4 2023	$90.00/SF	—	397K SF	—	Colliers
Q3 2017	$87.30/SF	9.7%	—	—	Avisonyoung

Frequently asked questions

What is the average asking rent for office space in Washington D.C.?: PropZone aggregates office asking-rent data for Washington D.C. from major brokerage market reports; see the quarterly table for the latest available figures.
What is the office vacancy rate in Washington D.C.?: The office vacancy rate in Washington D.C. was 11.7% as of Q4 2025 (Cushman & Wakefield).
Where does PropZone's Washington D.C. market data come from?: This report aggregates quarterly office market data for Washington D.C. from Cushman & Wakefield, Cresa, Lee Associates, CBRE, Colliers, Avisonyoung.

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