Rhode Island Ave NE / 3rd St NE median real estate price is $422,201, which is more expensive than 41.1% of the neighborhoods in the District of Columbia and 83.9% of the neighborhoods in the U.S.
The average rental price in Rhode Island Ave NE / 3rd St NE is currently $1,178, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.3% of District of Columbia neighborhoods.
Rhode Island Ave NE / 3rd St NE is an urban neighborhood (based on population density) located in Washington, District of Columbia.
Rhode Island Ave NE / 3rd St NE real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) townhomes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Rhode Island Ave NE / 3rd St NE neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Rhode Island Ave NE / 3rd St NE has a 16.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 78.8% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.