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Expensive
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These days, finding an affordable place to live in the 20016 area can be challenging. Home prices in 20016 are now at a median cost of $1,187,427, higher than the District of Columbia average of $655,265.
The average cost of rent is $2,194/mo in 20016, primarily driven by the current value of real estate in the 20016 area. While nearly 33.97% of residents own their homes outright in 20016, 26.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in 20016 is $16,670 per month. Households that rent pay about 13.16% of their income on rent here. 20016's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 20008, DC: less expensive homes
- 20007, DC: less expensive homes
- 20816, MD: less expensive homes
- 20015, DC: less expensive homes
- 20057, DC: less expensive homes
- 20815, MD: less expensive homes
- 20010, DC: less expensive homes
- 20009, DC: less expensive homes
- 20037, DC: less expensive homes
- 20036, DC: less expensive homes
Zip Codes with Similar Populations
- 21075, MD: less expensive homes
- 75189, TX: less expensive homes
- 75214, TX: less expensive homes
- 76002, TX: less expensive homes
- 22079, VA: less expensive homes
- 76014, TX: less expensive homes
- 77009, TX: less expensive homes
- 77477, TX: less expensive homes
- 21113, MD: less expensive homes
- 27103, NC: less expensive homes
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