Property Prices in Washington, DC, United States

Index Info
Price to Income Ratio: 6.47
Mortgage as Percentage of Income: 58.07%
Loan Affordability Index: 1.72
Price to Rent Ratio - City Centre: 15.27
Price to Rent Ratio - Outside of Centre: 13.99
Gross Rental Yield (City Centre): 6.55%
Gross Rental Yield (Outside of Centre): 7.15%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,496.43 $ 2,100.00-3,000.00
Apartment (1 bedroom) Outside of Centre 2,039.42 $ 1,800.00-2,400.00
Apartment (3 bedrooms) in City Centre 5,386.84 $ 4,500.00-7,000.00
Apartment (3 bedrooms) Outside of Centre 3,725.00 $ 3,000.00-5,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 841.88 $ 550.00-1,347.08
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) 5,921.09 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.54 5.56-7.00

These data are based on 214 entries in the past 18 months from 47 different contributors.
Last update: May 2024

Sources and References
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