Apr 4, 2011

Is it 12 times more expensive to rent vs. buy in DC?

How does renting stack up buying an equivalent home in Washington, DC?

The real estate website Trulia has developed a Rent Versus Buy Index, which is calculated by "using the median list price compared with the median rent on  two-bedroom apartments, condos and townhouses listed on Trulia.com."

According to their data, it is 12 times more expensive to rent versus buy in the District.

Click here to view their interactive map.


- Jyothi Ramakrishnan

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