The Most Affordable Neighborhoods in The Palisades, Washington, DC by Home Value

 

The Palisades, Washington, DC Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the The Palisades area can be challenging. Home prices in The Palisades are now at a median cost of $1,773,331, higher than the Washington average of $627,696.

The average cost of rent is $3,001/mo in The Palisades, primarily driven by the current value of real estate in the The Palisades area. In The Palisades, 17.17% of households rent, and 29.72% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in The Palisades is $19,963 per month. Households that rent pay about 15.03% of their income on rent here. The Palisades’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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