Most of DC’s new housing is in high-rises, which most people can’t afford to live in

Inside the Rent, which was created by CHPC to look at the different factors affecting the cost of housing has been used as a tool to determine the cost of apartments in the D C area. Even with the cost of land, construction and property taxes much lower than the New York area, the price of a new two bedroom apartment would average over $3,000.00.