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Rental Insights for ZIP Code 20020 (Washington, DC)

Housing Rentals in ZIP Code 20020 (Washington, DC)

20020 ZIP Code in District of Columbia

A Detailed Snapshot of Renters in the ZIP Code 20020

The 20020 ZIP Code is predominantly located in Washington, DC in District of Columbia County. The median housing rent in this District of Columbia region is estimated at $1,113 per month. About 67.8% of housing units in this District of Columbia County ZIP Code are occupied by renters, while the region has an approximate rental vacancy rate of 7.8%.

The median rent in ZIP Code 20020 of $1,113 per month is 28% lower than the aggregate District of Columbia median monthly rent of $1,541, and is 5% higher than the $1,062 the median monthly rent in the U.S. overall. An estimated 42.0% of residents in ZIP Code 20020 pay between $1,000 and $1,499 per month for rent. That is 70% higher than in District of Columbia overall, in which 24.7% of total state residents pay between $1,000 and $1,499 per month for housing. Just 0.4% of renters in this Washington, DC region pay $3,000 or more per month for rent.

ZIP Code 20020 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 20020

See the chart below for a comparison of monthly rental costs in ZIP Code 20020, District of Columbia, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 20020 along with those in the state of District of Columbia and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 20020

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 20020 District of Columbia U.S.
Less than $500 16.2% 10.4% 9.4%
$500 to $999 22.9% 13.2% 36.2%
$1,000 to $1,499 42.0% 24.7% 30.0%
$1,500 to $1,999 13.4% 21.1% 14.0%
$2,000 to $2,499 3.6% 13.6% 5.6%
$2,500 to $2,999 1.5% 8.2% 2.4%
$3,000 or more 0.4% 8.9% 2.4%

Rent Cost vs. Income in ZIP Code 20020

Renters in ZIP Code 20020 use an estimated 32.73% of their income to cover their monthly rent payments. That is about 13% higher than in District of Columbia overall. The estimate for District of Columbia overall is 28.97% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 20020 renters use about 10% more of their income to cover rent expense. Household income figures for ZIP Code 20020 come in lower than in District of Columbia as a whole. The median annual household income in ZIP Code 20020 of $39,400 sits approximately 54% lower than the overall District of Columbia median income of $86,420 and approximately 37% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 20020

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 20020, District of Columbia, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 20020 along with the same calculations in the state of District of Columbia and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 20020

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 20020 District of Columbia U.S.
Less than 15.0 percent 12.3% 14.8% 13.1%
15.0 to 19.9 percent 8.2% 12.9% 12.9%
20.0 to 24.9 percent 8.0% 13.7% 12.9%
25.0 to 29.9 percent 10.1% 12.4% 11.6%
30.0 to 34.9 percent 5.7% 9.0% 9.1%
35.0 percent or more 55.6% 37.2% 40.5%

Household Income in ZIP Code 20020

See the table below for the regional comparison of annual household income in ZIP Code 20020.

Income ZIP 20020 District of Columbia U.S.
Less than $10,000 16.2% 8.6% 6.0%
$10,000 to $14,999 7.5% 4.3% 4.3%
$15,000 to $24,999 12.8% 6.0% 8.9%
$25,000 to $34,999 10.0% 5.9% 8.9%
$35,000 to $49,999 11.0% 7.7% 12.3%
$50,000 to $74,999 14.3% 12.2% 17.2%
$75,000 to $99,999 9.4% 10.6% 12.7%
$100,000 to $149,999 9.9% 16.4% 15.1%
$150,000 to $199,999 4.9% 9.9% 6.8%
$200,000 or more 4.0% 18.3% 7.7%

Household Income in ZIP Code 20020

See the chart below for a comparison of annual household income figures in ZIP Code 20020, District of Columbia, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 20020 alongside the same figures for the state of District of Columbia and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 20020

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 20020.

ZIP 20020 District of Columbia U.S.
Median Housing Rent $1,113 $1,541 $1,062
Renter-Occupied Housing Units 67.8% 58.4% 36.0%
Rental Vacancy Rate 7.8% 6.3% 6.0%
Average Size of Renter-Occupied Unit 2.57 2.19 2.49
Average # of Bedrooms Per Unit 2.19 2.04 2.75
Percent of Income Spent on Rent 32.73% 28.97% 29.83%
Per Capita Income $26,856 $56,147 $34,103
Median Household Income $64,478 $127,890 $88,607
Living Below the Poverty Line 28.2% 12.2% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 20020

In ZIP Code 20020 (Washington, DC), and estimated 67.8% of housing units are occupied by renters. This region has an approximate rental vacany rate of 7.8%.

The per capita income in 20020 is estimated at $26,856, which goes along with an estimated median household income of $64,478. About 28.2% of residents in this District of Columbia County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.57 occupants, while the units have an aggregate average size of 2.19 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 32.73% of their income on housing rental costs.

Rental FAQs for ZIP Code 20020

1

What is the median monthly rent in ZIP Code 20020?

Median rent for housing in ZIP Code 20020 in District of Columbia County in District of Columbia is approximately $1,113 per month.
2

Is it expensive to rent in ZIP Code 20020?

Rent in ZIP Code 20020 is lower than average in the state of District of Columbia overall. The median monthly rent of $1,113 in ZIP Code 20020 is approximately 28% lower than the District of Columbia median of $1,541. Additionally, median rent in this Washington, DC region ($1,113) is about 5% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 20020?

High-priced rentals are less common in ZIP Code 20020 than in District of Columbia overall. The percentage of rentals in ZIP Code 20020 that cost $3,000 or more per month (0.4%) is about 96% lower than the District of Columbia rate of 8.9% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 83% higher than the aforementioned 20020 rate of 0.4%.
4

Are affordable rentals common in ZIP Code 20020?

Affordable rentals are more common in ZIP Code 20020 than in District of Columbia overall. The percentage of housing rentals in ZIP Code 20020 costing $999 or less per month (39.1%) is approximately 66% higher than the District of Columbia rate of 23.6% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 14% higher than the previously mentioned 20020 rate of 39.1%.
5

What is the most common cost range that rentals fall into in ZIP Code 20020?

The most common range for rental cost in ZIP Code 20020 is between $1,000 and $1,499 per month. About 42.0% of renters in 20020 pay in this range for monthly rent. In comparison, approximately 24.7% of renters in the state of District of Columbia fall in the between $1,000 and $1,499 range, and 30.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 20020 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 20020 is higher than the rental vacancy rate in the state of District of Columbia overall. Rental vacancy of 7.8% in ZIP Code 20020 is about 24% higher than the District of Columbia rate of 6.3%. Looking more broadly, rental vacancy in this Washington, DC region (7.8%) is an estimated 30% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 20020? How does it compare to other District of Columbia regions?

Median household income in ZIP Code 20020 is lower than in the state of District of Columbia overall. Annual household income of $39,400 in ZIP Code 20020 is about 54% lower than the District of Columbia median of $86,420. Additionally, median household income in this Washington, DC region ($39,400) is approximately 37% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 20020 spend on housing costs?

Renters in ZIP Code 20020 spend a higher amount of their income on rent costs than do renters in District of Columbia overall. Renters in ZIP Code 20020 spend an estimated 32.73% of their income on rent payments, which is about 13% higher than the overall District of Columbia estimated rate of 28.97%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 10% lower than the ZIP Code 20020 estimated rate of 32.73%.
9

Do renters in ZIP Code 20020 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 20020 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 20020 spending 30 percent or more of their income on rent costs (61.3%) is approximately 33% higher than the District of Columbia rate of 46.2% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 24% lower than the aforementioned 20020 rate of 61.3%.
10

What is the average household size of renter-occupied units in ZIP Code 20020?

The average household size of renter-occupied units in ZIP Code 20020 is higher than in the state of District of Columbia overall. Annual household size of 2.57 in ZIP Code 20020 is about 17% higher than the District of Columbia median of 2.19. Additionally, median household size in this Washington, DC region (2.57) is approximately 3% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other District of Columbia ZIP Codes