Washington DC, DC variant. This is a Washington DC, DC-specific version of the Rental Yield Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Rental Yield Calculator.
Washington DC's gross rental yield - annual rent ÷ property price - is about 4.8%, based on $2,700/month rent on a $670,000 median home.
Rental yield in Washington DC
Gross yield = ($2,700 × 12) ÷ $670,000 = 4.8%. Net yield subtracts property tax (0.56%), insurance, vacancy, and maintenance.
High-price metros tend to show lower yields (price outruns rent); affordable metros often yield more. Washington DC's sub-5% gross yield signals an appreciation-driven market.
About Washington DC, DC
Washington, DC levies its own district income tax on residents, separate from any state income tax.
Washington, DC is a high-cost housing market, with elevated home prices and rents reflecting strong demand in the capital region.
Washington, DC's economy is centered on the federal government, along with law, lobbying, and professional services.
Worked example: Washington DC yield
Annual rent $32,400 ÷ price $670,000 = 4.8% gross. After 0.56% property tax and ~1% maintenance, net yield is meaningfully lower.
Quick reference
- Median home value: $670,000
- Median rent: $2,700/mo
- Median household income: $101,027
- Local sales tax: 6%
- Effective property tax rate: 0.56%
- Cost of living index: 153 (US avg = 100)
Frequently Asked Questions
What is a good rental yield?
Many investors target 6-8% gross; Washington DC runs about 4.8%.
How is rental yield calculated?
Gross yield = annual rent ÷ purchase price. Net yield also subtracts taxes, insurance, vacancy, and upkeep.