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These days, finding an affordable place to live in the 20720 area can be challenging. Home prices in 20720 are now at a median cost of $459,266, higher than the Maryland average of $357,815.
The average cost of rent is $2,487/mo in 20720, primarily driven by the current value of real estate in the 20720 area. While nearly 13.10% of residents own their homes outright in 20720, 10.06% rent.
Housing affordability isn’t just about home prices, though. The average household income in 20720 is $12,587 per month. Households that rent pay about 19.76% of their income on rent here. 20720's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 20769, MD: equally priced homes
- 20715, MD: less expensive homes
- 20706, MD: less expensive homes
- 20721, MD: equally priced homes
- 20716, MD: less expensive homes
- 20771, MD: less expensive homes
- 20770, MD: less expensive homes
- 20784, MD: less expensive homes
- 20774, MD: less expensive homes
- 21114, MD: less expensive homes
Zip Codes with Similar Populations
- 03053, NH: less expensive homes
- 30017, GA: less expensive homes
- 85750, AZ: equally priced homes
- 48238, MI: less expensive homes
- 77662, TX: less expensive homes
- 53405, WI: less expensive homes
- 40031, KY: less expensive homes
- 39157, MS: less expensive homes
- 38583, TN: less expensive homes
- 37743, TN: less expensive homes
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