Property Prices in Washington, DC, United States

Index Info
Price to Income Ratio: 6.85
Mortgage as Percentage of Income: 61.58%
Loan Affordability Index: 1.62
Price to Rent Ratio - City Centre: 16.49
Price to Rent Ratio - Outside of Centre: 14.91
Gross Rental Yield (City Centre): 6.07%
Gross Rental Yield (Outside of Centre): 6.71%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,519.32 $ 2,100.00-3,000.00
Apartment (1 bedroom) Outside of Centre 2,058.28 $ 1,800.00-2,600.00
Apartment (3 bedrooms) in City Centre 5,360.53 $ 4,000.00-7,000.00
Apartment (3 bedrooms) Outside of Centre 3,754.41 $ 3,000.00-5,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 910.84 $ 550.00-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre 625.87 $ 310.01-929.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,033.45 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.55 5.56-7.00

These data are based on 216 entries in the past 18 months from 47 different contributors.
Last update: May 2024

Sources and References
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