Property Prices in Washington, DC, United States

Index Info
Price to Income Ratio: 5.19
Mortgage as Percentage of Income: 36.65%
Loan Affordability Index: 2.73
Price to Rent Ratio - City Centre: 14.25
Price to Rent Ratio - Outside of Centre: 9.52
Gross Rental Yield (City Centre): 7.02%
Gross Rental Yield (Outside of Centre): 10.50%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,348.16 $ 1,900.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,829.24 $ 1,400.00-2,100.00
Apartment (3 bedrooms) in City Centre 4,217.93 $ 3,500.00-5,200.00
Apartment (3 bedrooms) Outside of Centre 3,254.80 $ 2,500.00-4,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 677.77 $ 500.00-1,633.44
Price per Square Feet to Buy Apartment Outside of Centre 351.28 $ 250.00-500.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,336.97 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.67 2.83-4.20

These data are based on 322 entries in the past 18 months from 48 different contributors.
Last update: May 2021

Sources and References
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