Washington-Arlington-Alexandria

District of Columbia ยท Ranked #207 of 373 metros

73Affordable
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Housing in Washington-Arlington-Alexandria costs 4.73ร— the median income, above the national average of 4.5ร—. The median home price is $574K and median rent is $1,945/month. Washington-Arlington-Alexandria ranks #207 of 373 metros for affordability.

Median Home Price

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$574K

Need $170K income

Median Rent

๐Ÿ”‘

$1,945

Need $78K income

Building Permits

๐Ÿ”จ

21,487

annual

Median Income

๐Ÿ’ฐ

$121K

Pop: 6,096,225

Rent Burden

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22.4%

of renters paying >30%

Homeownership

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64.0%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricWashington-Arlington-AlexandriaNational
Price-to-Income Ratio4.73x6.1x
Rent Burden22.4%31.5%
Homeownership Rate64.0%65.5%
YoY Rent Change0%+2.8%
Mortgage Denial Rate0.0%13.5%
Eviction Rate0.0%3.6%

Zillow Market Data

Home Value (ZHVI)

$572K

1yr: -0.3%5yr: +20.1%

Rent (ZORI)

$2,331/mo

1yr: -0.0%5yr: +26.2%

Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.

Redfin Market Activity

Median Sale Price

$550K

Active Inventory

3

Days on Market

208

Sold Above List

0.0%