Demand-based pricing for parking in Chinatown and Penn Quarter neighborhoods begins

Drivers in the Chinatown and Penn Quarter neighborhoods will now begin to see the price of parking fluctuating.

The area is part of a pilot project, which began on Monday. and will study demand-based pricing. Parking meter rates for blocks with high demand will increase while rates for blocks with low demand will decrease.

Depending on where a person parks and when, the price of parking will either stay the same at $2.30 per hour, decrease to $2 per hour or increase to $2.75 per hour. Like the cost of riding on Metro, rates during peak demand periods will be higher than off-peak periods.

The study area includes on-street parking spaces bounded by H Street NW, 3rd Street NW, E Street NW and 11th Street NW.

Blue: No price change ($2.30/hour); Green: Price decrease ($2.00/hour); Yellow: Price increase ($2.75/hour)

Details of the plan are available at: parkdc.dc.gov.

The Associated Press contributed to this report.