Responding to recent shenanigans at Craig’s List, Megan McArdle provides some rules of thumb for those seeking to rent an apartment in one of D.C.’s tonier neighborhoods.  Money quote:

In Georgetown, Dupont, or Logan, you should expect to pay at least $2,000 for a one bedroom that you can turn around in; and similar in the others if you want to be above ground.  Each additional bedroom should cost you $300-600.  The standard deviation is about $150-$250 per bedroom, depending on the degree of gentrification; if you are 3 standard deviations from the mean, you are dealing with, on the expensive side, a busted house-flipper who is pricing the house to their mortgage payment rather than the market; and on the cheap side, a scammer.

As the unintentional “OTB plays InstaPundit” day continues…

Photo from Flickr user Richael Voorhees under Creative Commons license.