Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Downtown area can be challenging. Home prices in Downtown are now at a median cost of $540,559, higher than the Washington average of $468,832.
The average cost of rent is $2,434/mo in Downtown, primarily driven by the current value of real estate in the Downtown area. While nearly 21.00% of residents own their homes outright in Downtown, 70.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown is $10,980 per month. Households that rent pay about 22.16% of their income on rent here. Downtown's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the neighborhood.
Nearby Neighborhoods
- Mt Vernon Square, Washington, DC: equally priced homes
- Shaw, Washington, DC: higher priced homes
- Logan Circle, Washington, DC: higher priced homes
- U Street Corridor, Washington, DC: higher priced homes
- Dupont Circle, Washington, DC: equally priced homes
- Ledroit Park, Washington, DC: higher priced homes
- Foggy Bottom, Washington, DC: higher priced homes
- Capitol Hill, Washington, DC: higher priced homes
- South West, Washington, DC: equally priced homes
- Stanton Park, Washington, DC: higher priced homes
Neighborhoods with Similar Populations
- Bethel Welborn, Kansas City, KS: less expensive homes
- Downtown Walnut Creek, Walnut Creek, CA: higher priced homes
- Mustang-Padre Island, Corpus Christi, TX: less expensive homes
- Holly, Everett, WA: less expensive homes
- Kenfield, Buffalo, NY: less expensive homes
- Lakeside, San Antonio, TX: less expensive homes
- Lindenwood Park, St. Louis, MO: less expensive homes
- Merriman Valley, Akron, OH: less expensive homes
- Merritt, Oakland, CA: higher priced homes
- Midway-Coldstream, Baltimore, MD: less expensive homes
All Local Stats
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