Property Prices in Washington, DC, United States

Index Info
Price to Income Ratio: 5.52
Mortgage as Percentage of Income: 38.68%
Loan Affordability Index: 2.59
Price to Rent Ratio - City Centre: 14.54
Price to Rent Ratio - Outside of Centre: 9.84
Gross Rental Yield (City Centre): 6.88%
Gross Rental Yield (Outside of Centre): 10.16%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,324.74 $ 1,800.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,785.82 $ 1,400.00-2,048.06
Apartment (3 bedrooms) in City Centre 4,281.48 $ 3,500.00-5,400.00
Apartment (3 bedrooms) Outside of Centre 3,194.00 $ 2,500.00-4,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 692.41 $ 500.00-1,633.44
Price per Square Feet to Buy Apartment Outside of Centre 355.23 $ 250.00-550.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,111.44 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.59 2.50-4.20

These data are based on 325 entries in the past 18 months from 53 different contributors.
Last update: July 2021

Sources and References
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