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These days, finding an affordable place to live in the 20656 area can be challenging. Home prices in 20656 are now at a median cost of $397,138, higher than the Maryland average of $357,815.
The average cost of rent is $2,240/mo in 20656, primarily driven by the current value of real estate in the 20656 area. While nearly 14.24% of residents own their homes outright in 20656, 33.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in 20656 is $10,903 per month. Households that rent pay about 20.54% of their income on rent here. 20656's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 20660, MD: equally priced homes
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- 20659, MD: less expensive homes
- 20609, MD: equally priced homes
- 20621, MD: equally priced homes
- 20618, MD: less expensive homes
- 20606, MD: equally priced homes
- 20619, MD: less expensive homes
Zip Codes with Similar Populations
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- 40808, KY: less expensive homes
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