Washington D.C. Office Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from Cushman & Wakefield, , Colliers, , CBRE,
Quarterly office market indicators for Washington D.C., aggregated by CREhunt from Cushman & Wakefield, , Colliers, , CBRE, . As of Q4 2025, average asking rent was $60.03/SF with a 20.9% vacancy rate.
Projected current office pricing — Washington D.C.
Projected asking rent
$60.03–$62.71/SF/yr
Estimated sale value
$552–$750/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 |
|---|---|---|---|---|---|
| Q2 2026 | — | — | -1K SF | — | Cushman & Wakefield |
| Q1 2026 | — | — | -1K SF | — | Cushman & Wakefield |
| Q4 2025 | $60.03/SF | 20.9% | -1.0M SF | — | |
| Q4 2025 | — | 11.7% | -1K SF | — | Cushman & Wakefield |
| Q4 2023 | $90.00/SF | — | 397K SF | — | Colliers |
| Q4 2023 | $26.00/SF | 9.0% | 100K SF | — | |
| Q4 2023 | — | 24.5% | 2K SF | — | CBRE |
| Q3 2017 | $87.30/SF | 9.7% | — | — |
Frequently asked questions
- What is the average asking rent for office space in Washington D.C.?
- As of Q4 2025, the average asking rent for office space in Washington D.C. was $60.03/SF.
- What is the office vacancy rate in Washington D.C.?
- The office vacancy rate in Washington D.C. was 20.9% as of Q4 2025.
- Where does CREhunt's Washington D.C. market data come from?
- This report aggregates quarterly office market data for Washington D.C. from Cushman & Wakefield, Colliers, CBRE.
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