President Obama's 2013 inauguration is going on now in Washington, D.C., and for those who live there, be glad. You don't have to pay for a place to stay. For those traveling to the nation's capitol for the event, we feel for you. If you've opted for a rental during your stay, you're paying inauguration rental prices of up to $10,000.
That beautiful bedroom you see at left? That's from a HotPads.com inauguration listing asking $10,000 for a four-day stay, from Jan. 19 to 22. Don't get us wrong, it sounds nice: It's a 1,050-square-foot two-bedroom, two-bathroom luxury condo with all-new furnishings and a full kitchen, and the building -- right across the street from the White House -- has a gym, concierge service and a rooftop patio. But $10,000? Really?
Germantown Patch reported on the exorbitant prices, finding a slew of Craigslist ads looking for tourists to rent out spaces during the inauguration. We found other listings asking anywhere between $2,000 and $8,000 for just a few days during the events in D.C. It's curious that homeowners would try their hand at such high rental prices because Obama's 2013 inauguration isn't expected to be the hubbub that his 2009 inauguration was. In 2009, 2 million people flocked to D.C. -- but this year, only 600,000 to 800,000 are expected, the Associated Press reported.
It's not that there aren't any deals out there for a place to stay during the inauguration. We did find this townhouse rental for $100 to $175 a night (all booked up now, of course). But for the higher end of the inauguration rental market, is anyone actually finding a renter to pay those astronomical prices? A couple of D.C. blogs say it's highly unlikely -- because it wasn't even happening in 2009. The Hill Is Home and DCist both said that, even though it's true that tons of homeowners were putting up their homes for rent during the 2009 inauguration to make a quick buck, they didn't hear of anyone who was actually successful in renting their home. We're guessing that $10,000 is just a bit much for most people, even if it does afford a chance to see history. It's the economy, stupid.
See What Some Inauguration Rentals Are Going For
Inauguration 2013 Rental Prices in Washington D.C. Reach $10,000 for a 4-Day Stay
Beds/baths: 2/2 Sq. ft.: 1,050 From the listing: "2 bedroom 2 bath apartment located one block from White House available for rent during inauguration January 19-22nd for $10,000. It comes fully furnished with all brand new items. Amenities include full kitchen with everything you would need -- dishes, pots, pans, etc; washer/dryer, 2 full bathrooms, television in the living rooms and bedrooms. Bedroom furnishings include queen beds with brand new linens, nightstand, dressers, and TV."
Beds/baths: 2/2 Sq. ft.: 1,050 From the listing: "Building is well managed and is in pristine condition. Building is right across the street from the White House and American Bar Association, just 2 blocks from the McPherson Square Metro station (Orange Line). Many great restaurants/bars right outside. The building itself has a full gym, amazing rooftop patio area, concierge service, and daily valet parking available."
See the listing on HotPads.com for more details.
Beds/baths: 2/2 Sq. ft.: 1,050 From the listing: "We are looking for responsible adults who will treat our property and apartment with respect. We will use paypal for the payment. 4 people max, no smoking, no parties, no pets. Dates are flexible."
See the listing on HotPads.com for more details.
Beds/baths: 3/1 Sq. ft.: 1,056 From the listing: "If you plan to visit the DC area and cannot find lodging for inauguration week, we have a Washington, District of Columbia townhouse located in the Capitol Hill area. Great 3 Bedroom, 1 Full Bath, 1 Powder room bath, Full Kitchen, Full Living and Dining room area, fully furnished townhouse on Capitol Hill."
Beds/baths: 3/1 Sq. ft.: 1,056 From the listing: "Equipped with a ADT alarm system. refridgeratior (sic), microwave, washer and dryer. Ideally located on Capitol Hill, close to U.S. Capitol (for President Obama's Inaugural Address), Library of Congress and other DC landmarks."
Beds/baths: 3/1 Sq. ft.: 1,056 From the listing: "All of this closeby, but also quiet enough to sit out on the back deck with your morning coffee or tea (provided) and listen to the birds sing. Beautiful home!
Beds/baths: 3/2.5 Sq. ft.: 2,100 From the listing: "This 3-bedroom, 2.5-bathroom, Plus Den, rowhouse is located on a quiet, one-way, tree-lined street in the middle of Dupont Circle. This house includes high ceilings, great light and yet features a modern kitchen, contemporary bathrooms. It's a 4-minute walk to the Dupont Metro (Red Line)."
Beds/baths: 1/1 Sq. ft.: 750 From the listing: "These 1 bedroom, 1 bathroom apartments offer wonderful light, great views and designer touches. All utilities included, including premium cable and wireless internet. The properties are fully furnished down to the linens and stocked kitchens, all you need is your luggage and a laptop!"
Beds/baths: 1/1 Sq. ft.: 750 From the listing: "This luxury building features a roof deck with DC monument views and a pool, lounge, fitness center and 24-hour concierge service. Located across the street from DC's newest Safeway and 5th and K restaurants (including a local coffee shop, Bus Boys & Poets, Japanese restaurant, and gourmet deli and market). Steps away from the restaurants, night-life, sporting and arts events of Gallery Place, Chinatown and Penn Quarter. This is another property with HDTV."
Beds/baths: 1/1 Sq. ft.: N/A From the listing: "This renovated, fully furnished, Dupont one bedroom apartment offers great modern decor. Enjoy living in this hip apartment steps from the best parts of DC. This is another property with HDTV!"