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These days, finding an affordable place to live in the 20716 area can be challenging. Home prices in 20716 are now at a median cost of $339,767, lower than the Maryland average of $357,815.
The average cost of rent is $1,876/mo in 20716, primarily driven by the current value of real estate in the 20716 area. While nearly 17.09% of residents own their homes outright in 20716, 31.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in 20716 is $8,981 per month. Households that rent pay about 20.88% of their income on rent here. 20716's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 20715, MD: equally priced homes
- 20721, MD: higher priced homes
- 20720, MD: higher priced homes
- 20774, MD: equally priced homes
- 21035, MD: higher priced homes
- 20769, MD: higher priced homes
- 21114, MD: higher priced homes
- 20776, MD: higher priced homes
- 20706, MD: equally priced homes
- 21140, MD: higher priced homes
Zip Codes with Similar Populations
- 85737, AZ: equally priced homes
- 48223, MI: less expensive homes
- 48864, MI: less expensive homes
- 60008, IL: less expensive homes
- 33034, FL: less expensive homes
- 12078, NY: less expensive homes
- 98022, WA: higher priced homes
- 08876, NJ: higher priced homes
- 07866, NJ: higher priced homes
- 95841, CA: equally priced homes
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