Property Prices in Washington, DC, United States

Index Info
Price to Income Ratio: 5.69
Mortgage as Percentage of Income: 50.81%
Loan Affordability Index: 1.97
Price to Rent Ratio - City Centre: 12.02
Price to Rent Ratio - Outside of Centre: 12.83
Gross Rental Yield (City Centre): 8.32%
Gross Rental Yield (Outside of Centre): 7.80%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,539.00 $ 2,000.00-3,000.00
Apartment (1 bedroom) Outside of Centre 2,085.83 $ 1,800.00-2,600.00
Apartment (3 bedrooms) in City Centre 5,909.38 $ 4,000.00-8,000.00
Apartment (3 bedrooms) Outside of Centre 4,200.94 $ 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 571.34 $ 315.03-840.77
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,016.07 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.48 6.00-7.00

These data are based on 232 entries from 46 contributors over the past 18 months.
Last update: May 2025

Sources and References
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