Property Prices in Washington, DC, United States

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Index Info
Price to Income Ratio: 5.72
Mortgage as Percentage of Income: 51.07%
Loan Affordability Index: 1.96
Price to Rent Ratio - City Centre: 12.20
Price to Rent Ratio - Outside of Centre: 12.92
Gross Rental Yield (City Centre): 8.20%
Gross Rental Yield (Outside of Centre): 7.74%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,518.27 $ 2,000.00-3,000.00
Apartment (1 bedroom) Outside of Centre 2,084.33 $ 1,800.00-2,600.00
Apartment (3 bedrooms) in City Centre 5,784.38 $ 4,000.00-8,000.00
Apartment (3 bedrooms) Outside of Centre 4,071.47 $ 3,500.00-5,566.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 700.01 $ 378.02-1,347.08
Price per Square Feet to Buy Apartment Outside of Centre 566.57 $ 315.03-840.77
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,962.56 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.48 6.00-7.00

These data are based on 231 entries from 46 contributors over the past 18 months.
Last update: April 2025

Sources and References
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