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These days, finding an affordable place to live in the 20623 area can be challenging. Home prices in 20623 are now at a median cost of $372,910, higher than the Maryland average of $357,815.
The average cost of rent is $1,545/mo in 20623, primarily driven by the current value of real estate in the 20623 area. While nearly 12.53% of residents own their homes outright in 20623, 4.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in 20623 is $11,722 per month. Households that rent pay about 13.18% of their income on rent here. 20623's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 20735, MD: equally priced homes
- 20772, MD: equally priced homes
- 20613, MD: higher priced homes
- 20762, MD: less expensive homes
- 20748, MD: less expensive homes
- 20746, MD: less expensive homes
- 20747, MD: less expensive homes
- 20744, MD: less expensive homes
- 20601, MD: less expensive homes
- 20754, MD: higher priced homes
Zip Codes with Similar Populations
- 83101, WY: less expensive homes
- 47024, IN: less expensive homes
- 41010, KY: less expensive homes
- 73433, OK: less expensive homes
- 79252, TX: less expensive homes
- 73007, OK: equally priced homes
- 50423, IA: less expensive homes
- 49232, MI: less expensive homes
- 62281, IL: less expensive homes
- 72040, AR: less expensive homes
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