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These days, finding an affordable place to live in the 20607 area can be challenging. Home prices in 20607 are now at a median cost of $562,008, higher than the Maryland average of $450,578.
The average cost of rent is $1,612/mo in 20607, primarily driven by the current value of real estate in the 20607 area. In 20607, 3.48% of households rent, and 16.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 20607 is $13,159 per month. Households that rent pay about 12.25% of their income on rent here. 20607’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 20603, MD: less expensive homes
- 20616, MD: less expensive homes
- 22308, VA: higher priced homes
- 20695, MD: less expensive homes
- 20675, MD: less expensive homes
- 20744, MD: less expensive homes
- 22309, VA: equally priced homes
- 20601, MD: less expensive homes
- 22306, VA: equally priced homes
- 20602, MD: less expensive homes
Zip Codes with Similar Populations
- 02882, RI: higher priced homes
- 98660, WA: less expensive homes
- 98446, WA: less expensive homes
- 97814, OR: less expensive homes
- 66103, KS: less expensive homes
- 33316, FL: higher priced homes
- 20005, DC: equally priced homes
- 10528, NY: higher priced homes
- 10520, NY: higher priced homes
- 08048, NJ: less expensive homes
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