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These days, finding an affordable place to live in the 20618 area can be challenging. Home prices in 20618 are now at a median cost of $380,867, lower than the Maryland average of $450,578.
The average cost of rent is $1,683/mo in 20618, primarily driven by the current value of real estate in the 20618 area. In 20618, 12.53% of households rent, and 34.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 20618 is $9,022 per month. Households that rent pay about 18.65% of their income on rent here. 20618’s most expensive areas are in the northeastern 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
- 20609, MD: higher priced homes
- 20621, MD: higher priced homes
- 20606, MD: higher priced homes
- 20625, MD: less expensive homes
- 20624, MD: higher priced homes
- 20626, MD: higher priced homes
- 20645, MD: higher priced homes
- 20656, MD: higher priced homes
- 20660, MD: higher priced homes
- 20650, MD: higher priced homes
Zip Codes with Similar Populations
- 51542, IA: equally priced homes
- 67416, KS: less expensive homes
- 66753, KS: less expensive homes
- 59016, MT: less expensive homes
- 57790, SD: less expensive homes
- 57241, SD: less expensive homes
- 56136, MN: less expensive homes
- 56068, MN: less expensive homes
- 55726, MN: less expensive homes
- 53554, WI: less expensive homes
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