Property Prices in Washington, DC, United States

Index Info
Price to Income Ratio: 6.48
Mortgage as Percentage of Income: 58.14%
Loan Affordability Index: 1.72
Price to Rent Ratio - City Centre: 14.13
Price to Rent Ratio - Outside of Centre: 13.65
Gross Rental Yield (City Centre): 7.08%
Gross Rental Yield (Outside of Centre): 7.32%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,638.54 $ 2,000.00-3,500.00
Apartment (1 bedroom) Outside of Centre 2,044.27 $ 1,800.00-2,600.00
Apartment (3 bedrooms) in City Centre 5,376.32 $ 4,000.00-7,500.00
Apartment (3 bedrooms) Outside of Centre 3,919.69 $ 3,500.00-5,566.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 800.52 $ 511.00-1,347.08
Price per Square Feet to Buy Apartment Outside of Centre 582.34 $ 310.01-929.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,743.39 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.54 6.00-7.00

These data are based on 218 entries in the past 18 months from 42 different contributors.
Last update: December 2024

Sources and References
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