Rent vs buy in Takoma & Shepherd Park
Washington, DC · ZIP 20012 · computed from 164 active listings within about 1.5 miles on August 26, 2026
The one number that matters
Renting a 1-bedroom here costs $1,750 a month at the median. Owning a matched 1-bedroom costs about $1,647 a month all in on the homes the engine actually matches here, typically around $180,667: mortgage, taxes, insurance, maintenance, and any HOA.
The market right now
- Studio: $1,736/mo median rent
- 1-bedroom: $1,750/mo median rent
- 2-bedroom: $2,900/mo median rent
- 3-bedroom: $4,200/mo median rent
- 4-bedroom: $4,900/mo median rent
5-bedroom rentals are not shown: fewer than 5 active listings, too few to publish a median from.
164 homes actively for sale within about 1.5 miles, spanning 1 studio, 49 1-bed, 42 2-bed, 26 3-bed, 30 4-bed, 9 5-bed, 2 6-bed. 51 of them sit inside 20012 itself.
Rent medians over 47 active rental listings in 20012.
What buying takes
- 1-bedroom: $269,000 median list price (market context, not the basis)
- 2-bedroom: $415,000 median list price (market context, not the basis)
- 3-bedroom: $635,000 median list price (market context, not the basis)
- 4-bedroom: $877,000 median list price (market context, not the basis)
- 5-bedroom: $1,350,000 median list price (market context, not the basis)
All-in monthly to own: $1,647 for a 1-bedroom, $2,382 for a 2-bedroom, $2,599 for a 3-bedroom - mortgage, taxes, insurance, maintenance, and any HOA carried.
Cash to close on a matched 1-bedroom: about $41,553 ($36,133 down plus $5,420 closing), on the homes the engine actually matches here, typically around $180,667.
When buying pulls ahead
Buying a matched 1-bedroom here (on the homes the engine actually matches here, typically around $180,667) overtakes renting and investing the difference around year 3. By year ten the gap is about $65,904 in favor of owning.
The roommate math nobody shows you
A matched 2-bedroom here runs about $2,382 a month to own on the homes the engine actually matches here, typically around $308,333. Split two ways, that is about $1,191 per person. Qualifying for the same home solo takes roughly $79,000 a year at the standard 36 percent lender cap: rent splits between people, a mortgage qualification does not.
On the market in Takoma & Shepherd Park
| Address | Beds | Price | Cash to close |
|---|---|---|---|
| 738 Longfellow St NW APT 206 | 1 | $187,000 | $43,010 |
| 1446 Tuckerman St NW #105 | 1 | $155,000 | $35,650 |
| 723 Longfellow St NW APT 102 | 1 | $200,000 | $46,000 |
| 1446 Tuckerman St NW #306 | 1 | $160,000 | $36,800 |
| 1400 Longfellow St NW APT 202 | 1 | $250,000 | $57,500 |
| 1446 Tuckerman St NW APT 307 | 1 | $169,500 | $38,985 |
The engine's own top matches for a typical renter here; each cash-to-close is 20 percent down plus closing on that home's price.
Keep exploring
- Shaw & Bloomingdale · own from about $2,039/mo
- H Street Corridor & Trinidad · own from about $1,659/mo
- Capitol Hill & Navy Yard · own from about $1,784/mo
- Logan Circle & Downtown · own from about $1,977/mo
- Georgetown & Burleith · own from about $1,525/mo
- All Washington, DC neighborhoods
- Introducing LeaseLens: how the rent-vs-buy math actually works
Common questions
Is it cheaper to rent or buy in Takoma & Shepherd Park?
The median 1-bedroom rents for about $1,750 a month, while owning a matched 1-bedroom runs about $1,647 a month all in (mortgage, taxes, insurance, maintenance, and any HOA) at a typical price of $180,667.
How long until buying beats renting in Takoma & Shepherd Park?
On current figures, buying pulls ahead of renting and investing the difference around year 3 for a matched 1-bedroom here.
How much cash do I need to buy in Takoma & Shepherd Park?
About $41,553 covers a 20 percent down payment plus closing costs on a matched 1-bedroom. Lower down payment paths exist; this is the standard construction.
Can roommates buy together in Takoma & Shepherd Park?
Splitting a 2-bedroom two ways runs about $1,191 per person each month, while qualifying for the same home solo takes roughly $79,000 of annual income at the standard 36 percent lender cap.
Run it on your actual lease
These figures describe a typical renter. Upload your lease and LeaseLens computes the same comparison on your real rent, income, and savings, then watches the market for you.
Analyze my leaseData updated August 26, 2026.
How these numbers are computed
Every figure comes from the same engine that powers the LeaseLens comparison, run over live inventory in 20012: rent medians from active rental listings, ownership costs from the engine's top-matched-homes construction, and the crossover year from its 30-year net worth projection. The reference buyer is a solo renter with good credit, a $100k income, 20 percent down, and cash covering the close. Your own lease and finances will move every number, which is what the full comparison is for.