MarketsRun a deal in this market
State · DC
District of Columbia
Data as of November 2024· Sources: Zillow ZHVI/ZORI, Census ACS
Strategy
Median home value
$612k
+1.1%Zillow ZHVI
Median rent
$2,400/mo
+2.5%Zillow ZORI
Gross yield
4.71%
Rent × 12 / value
Rent/price ratio
0.000%
1% rule benchmark
Median household income
$101,027
Census ACS
Owner-occupied
42.0%
Census ACS
Renter-occupied
58.0%
Census ACS
Population
-
Census ACS
What this means for LTR investors
Gross yield of 4.71% is below the 7% LTR sweet spot; you'd lean on appreciation here.
Rent grew 2.5% YoY while values moved 1.1%. That gap drives whether yield compresses or expands over time.
Renter share is 58% - a deep renter pool means lower vacancy risk in District of Columbia.
Median income of $101,027 sets the affordability ceiling on rent growth.