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These days, finding an affordable place to live in the 20624 area can be challenging. Home prices in 20624 are now at a median cost of $432,502, lower than the Maryland average of $450,578.
The average cost of rent is $1,647/mo in 20624, primarily driven by the current value of real estate in the 20624 area. In 20624, 11.42% of households rent, and 35.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 20624 is $8,725 per month. Households that rent pay about 18.88% of their income on rent here. 20624’s most expensive areas are in the southern regions, while the cheapest areas are in the southeastern 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
- 20656, MD: higher priced homes
- 20660, MD: equally priced homes
- 20621, MD: equally priced homes
- 20618, MD: less expensive homes
- 20609, MD: equally priced homes
- 20606, MD: equally priced homes
- 20659, MD: equally priced homes
- 20650, MD: higher priced homes
- 20626, MD: higher priced homes
- 20625, MD: less expensive homes
Zip Codes with Similar Populations
- 31071, GA: less expensive homes
- 23878, VA: less expensive homes
- 23915, VA: less expensive homes
- 24237, VA: less expensive homes
- 24818, WV: less expensive homes
- 25676, WV: less expensive homes
- 26335, WV: less expensive homes
- 26610, WV: less expensive homes
- 95346, CA: higher priced homes
- 27946, NC: less expensive homes
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