President Obama has said his family will remain in the Washington, D.C. area after he leaves office in January – at least until his youngest daughter, Sasha, graduates from high school in 2018.  

Wednesday, the New York Timesshared information about his new home.   The Obama’s have settled for a rental home – in the upscale Kalorama neighborhood, just two miles down the road from the White House.

Obamas Next Home DC1The 8,200-square-foot, nine-bedroom luxurious mansion is valued at $6 million, with an estimated monthly rent of $22,000, according to real estate websites.

The house is owned by Joe Lockhart, former press secretary to Bill Clinton, and is located in one of DC’s wealthiest zip codes, home to many political diplomats.   Some of Obama’s new neighbors will include the embassy of Oman, the European Union ambassador to the US, and Gerard Araud, the French ambassador.   An Islamic Center is also nearby.

The home also has an extra suite that could be suitable for Michelle Obama’s mother, who has lived with the family in the White House.

It will also accommodate the needs of Secret Service, who will remain with Obama after he leaves office.