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Expensive
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These days, finding an affordable place to live in the 20816 area can be challenging. Home prices in 20816 are now at a median cost of $1,049,264, higher than the Maryland average of $357,815.
The average cost of rent is $2,959/mo in 20816, primarily driven by the current value of real estate in the 20816 area. While nearly 32.59% of residents own their homes outright in 20816, 17.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in 20816 is $16,817 per month. Households that rent pay about 17.60% of their income on rent here. 20816's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 20812, MD: equally priced homes
- 20016, DC: higher priced homes
- 20815, MD: equally priced homes
- 20015, DC: equally priced homes
- 20818, MD: equally priced homes
- 20814, MD: less expensive homes
- 20817, MD: equally priced homes
- 20008, DC: less expensive homes
- 20889, MD: less expensive homes
- 22101, VA: higher priced homes
Zip Codes with Similar Populations
- 00907, PR: less expensive homes
- 03246, NH: less expensive homes
- 05641, VT: less expensive homes
- 37377, TN: less expensive homes
- 37771, TN: less expensive homes
- 84014, UT: less expensive homes
- 78642, TX: less expensive homes
- 43528, OH: less expensive homes
- 77979, TX: less expensive homes
- 44906, OH: less expensive homes
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