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.
This dynamic neighborhood is known for its crowded nightlife on 18th Street NW as well as its diverse population with independently-owned retail and restaurant options.
Earlier this year, NeighborhoodX deemed Adams Morgan one of the best neighborhoods for landlords to invest in. There are also quite a number of big development either being planned or currently underway, such as the SunTrust Plaza redevelopment and the Italian Embassy conversion. There are also plans for more affordable housing, sustainability, and pedestrian access.