Rent vs Buy in District of Columbia

Compare 1 cities across District of Columbia. Find out whether renting or buying makes more financial sense in your area.

1cities analyzed
Avg Home:$780,000
Avg Rent:$3,350/mo
Avg Price/Rent:19.4

District of Columbia Housing Market Summary

1

Cities Analyzed

0

Favor Buying

0

Favor Renting

1

Toss-Up

Across District of Columbia's 1 analyzed cities, the results are mixed with no clear winner statewide. Your decision depends heavily on which city you're considering.

The average home price in District of Columbia is $780,000, with average rents at $3,350/month. This gives an average price-to-rent ratio of 19.4.

All District of Columbia Cities

Sorted by population. Click any city for detailed analysis.

CityMedian PriceMedian RentPrice/RentBreak-evenVerdict
Washington$780,000$3,35019.48 yrsToss-up

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