Anacostia is one of the most affordable neighborhoods in the District. Last year, the neighborhood had some of the lowest rents with a median $910/month cost for a one-bedroom, while the city-wide median was $2,110/month. Despite this, the cost of living in the neighborhood has grown tremendously with a 21 percent jump in median home price in the year 2014.
Despite this, there are quite a few highlights to the area, such as the Anacostia Arts Center, the Frederick Douglass National Historic site, the world's largest chair, and the fact that it has had famous residents like the late Mayor Marion Barry.
In the next few years, look out for the redevelopment of the Anacostia Playhouse, a new Busboys & Poets, and the redevelopment of the MLK Gateway. One day, the neighborhood will also be home to Washington, D.C.'s first elevated park.
The mixed-use development features 720 residences, 83,000-square-feet of street-level retail, and 20,000-square-feet of amenity space spread out over three total buildings. With this development, a new community for artists was created with studios and a community arts center. Earlier this year, a new “arts park” also completed construction.