Washington-Arlington-Alexandria
District of Columbia ยท Ranked #207 of 373 metros
73Affordable
๐ก
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
๐$574K
Need $170K income
Median Rent
๐$1,945
Need $78K income
Building Permits
๐จ21,487
annual
Median Income
๐ฐ$121K
Pop: 6,096,225
Rent Burden
โ ๏ธ22.4%
of renters paying >30%
Homeownership
๐ก64.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Washington-Arlington-Alexandria | National |
|---|---|---|
| Price-to-Income Ratio | 4.73x | 6.1x |
| Rent Burden | 22.4% | 31.5% |
| Homeownership Rate | 64.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 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%