Washington DC

District of Columbia · Ranked #82 of 102 metros

32Crisis

Median Home Price

🏠

$560K

Need $161K income

Median Rent

🔑

$2K

Need $78K income

Housing Shortage

📉

75,000

units needed

Building Permits

🔨

18,000

annual

Median Income

💰

$107K

Pop: 6,304,975

Rent Burden

⚠️

34.0%

of renters paying >30%

Price Change (YoY)

📈

+3%

Homeownership

🏡

62.5%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricWashington DCNational
Price-to-Income Ratio5.2x6.1x
Rent Burden34.0%31.5%
Homeownership Rate62.5%65.5%
YoY Price Change+3%+3.5%
YoY Rent Change+2.8%+2.8%
Mortgage Denial Rate11.5%13.5%
Eviction Rate3.8%3.6%