The nation’s capital is one of the few places where real estate is doing well compared with the rest of the country. Spending by the federal government has allowed D.C. to avoid many of the recession’s worst effects. But beware – experts are warning that the average rent of $1,521 could spike by 10% this year. But for now, only 21.5% of renters pay more than 50% of their household income on rent and utilities.
Next 8. El Paso, Texas