Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Georgetown area can be challenging. Home prices in Georgetown are now at a median cost of $935,991, higher than the Washington average of $468,832.
The average cost of rent is $2,488/mo in Georgetown, primarily driven by the current value of real estate in the Georgetown area. While nearly 35.30% of residents own their homes outright in Georgetown, 39.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in Georgetown is $12,797 per month. Households that rent pay about 19.44% of their income on rent here. Georgetown's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- North Rosslyn, Arlington, VA: equally priced homes
- Foggy Bottom, Washington, DC: less expensive homes
- Glover Park, Washington, DC: less expensive homes
- Woodley Park, Washington, DC: equally priced homes
- North Highland, Arlington, VA: less expensive homes
- Dupont Circle, Washington, DC: less expensive homes
- Radnor-Ft Myer Heights, Arlington, VA: less expensive homes
- Adams Morgan, Washington, DC: less expensive homes
- Cleveland Park, Washington, DC: less expensive homes
- Lyon Village, Arlington, VA: higher priced homes
Neighborhoods with Similar Populations
- Woodlawn, Bronx, NY: less expensive homes
- Widefield, Security-Widefield, CO: less expensive homes
- Citizens Southwest, Jackson, MS: less expensive homes
- Bixby Area, Long Beach, CA: less expensive homes
- Back Creek Church Road, Charlotte, NC: less expensive homes
- Alamo Placita, Denver, CO: less expensive homes
- Spuyten Duyvil, Bronx, NY: less expensive homes
- Marcy Holmes, Minneapolis, MN: less expensive homes
- Squirrel Hill South, Pittsburgh, PA: less expensive homes
- St Marys Park, San Francisco, CA: higher priced homes
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