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:$573,025
Avg Rent:$2,421/mo
Avg Price/Rent:19.7

District of Columbia Housing Market Summary

1

Cities Analyzed

0

Favor Buying

1

Favor Renting

0

Toss-Up

Across District of Columbia's 1 analyzed cities, the majority (1 cities) favor renting over buying. High home prices relative to rents make renting more financially attractive in much of District of Columbia.

The average home price in District of Columbia is $573,025, with average rents at $2,421/month. This gives an average price-to-rent ratio of 19.7.

All District of Columbia Cities

Sorted by population. Click any city for detailed analysis.

CityMedian PriceMedian RentPrice/RentBreak-evenVerdict
Washington$573,024.51$2,420.8819.7N/ARent

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