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District of Columbia Rent vs Buy Calculator โ€” Updated 2026

State abbreviation: DC

In District of Columbia, the median home price is $715,000, and property taxes are 0.85% annually. Homeowners insurance averages $1440/year. Use this calculator to compare the long-term costs of renting versus buying given District of Columbia's specific market conditions and tax environment.

District of Columbia Financial Data (2026)

State Tax Rate
8.95%
Property Tax Rate
0.85%
Median Home Price
$715,000
Avg Insurance Cost
$1,440/year
Cost of Living Index
137
State Abbreviation
DC