Property Prices in Washington, DC, United States

Index Info
Price to Income Ratio: 7.81
Mortgage as Percentage of Income: 71.90%
Loan Affordability Index: 1.39
Price to Rent Ratio - City Centre: 18.67
Price to Rent Ratio - Outside of Centre: 16.56
Gross Rental Yield (City Centre): 5.36%
Gross Rental Yield (Outside of Centre): 6.04%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,752.17 $ 2,300.00-3,600.00
Apartment (1 bedroom) Outside of Centre 2,391.12 $ 1,900.00-3,200.00
Apartment (3 bedrooms) in City Centre 5,935.71 $ 4,500.00-7,250.00
Apartment (3 bedrooms) Outside of Centre 4,161.11 $ 3,200.00-5,250.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,134.31 $ 719.99-1,599.99
Price per Square Feet to Buy Apartment Outside of Centre 790.48 $ 400.00-1,199.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,635.71 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.87 5.00-7.75

These data are based on 230 entries in the past 18 months from 53 different contributors.
Last update: November 2023

Sources and References
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