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These days, finding an affordable place to live in the District of Columbia area can be challenging. Home prices in District of Columbia are now at a median cost of $782,671, higher than the District of Columbia average of $782,671.
The average cost of rent is $2,078/mo in District of Columbia, primarily driven by the current value of real estate in the District of Columbia area. In District of Columbia, 58.49% of households rent, and 25.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in District of Columbia is $10,575 per month. Households that rent pay about 19.65% of their income on rent here. District of Columbia’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Arlington County, VA: higher priced homes
- Prince George's County, MD: less expensive homes
- Alexandria City, VA: equally priced homes
- Falls Church City, VA: higher priced homes
- Montgomery County, MD: less expensive homes
- Fairfax County, VA: equally priced homes
- Fairfax City, VA: equally priced homes
- Anne Arundel County, MD: less expensive homes
- Loudoun County, VA: equally priced homes
- Queen Anne's County, MD: less expensive homes
Counties with Similar Populations
- San Mateo County, CA: higher priced homes
- San Joaquin County, CA: less expensive homes
- Denver County, CO: less expensive homes
- Bernalillo County, NM: less expensive homes
- Williamson County, TX: less expensive homes
- Will County, IL: less expensive homes
- Washington County, OR: less expensive homes
- Utah County, UT: less expensive homes
- Tulsa County, OK: less expensive homes
- Providence County, RI: less expensive homes
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