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These days, finding an affordable place to live in the 20608 area can be challenging. Home prices in 20608 are now at a median cost of $499,492, higher than the Maryland average of $450,578.
The average cost of rent is $1,289/mo in 20608, primarily driven by the current value of real estate in the 20608 area. In 20608, 24.30% of households rent, and 31.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 20608 is $10,952 per month. Households that rent pay about 11.77% of their income on rent here. 20608’s most expensive areas are in the western regions, while the cheapest areas are in the central 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
- 20637, MD: higher priced homes
- 20612, MD: higher priced homes
- 20639, MD: higher priced homes
- 20617, MD: higher priced homes
- 20678, MD: equally priced homes
- 20689, MD: equally priced homes
- 20622, MD: equally priced homes
- 20736, MD: higher priced homes
- 20601, MD: less expensive homes
- 20613, MD: higher priced homes
Zip Codes with Similar Populations
- 04776, ME: less expensive homes
- 95674, CA: higher priced homes
- 95565, CA: less expensive homes
- 17581, PA: less expensive homes
- 63039, MO: less expensive homes
- 57353, SD: less expensive homes
- 58366, ND: less expensive homes
- 58575, ND: less expensive homes
- 59213, MT: less expensive homes
- 59524, MT: less expensive homes
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