Washington

Washington

Rank: 19
Price/rent ratio: 6.57
Median sales price: $97,000
Median rent: $1,306
Vacancy: 5.9%

Pros: D.C. is one of the nation's few economic bright spots because of its federal government and defense contractor jobs. Apartment building values are holding steady.
Cons: The northern Virginia suburbs, which have an oversupply of apartments, are getting hit harder than the urban core as vacancies rise and unemployment grows.