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Expensive
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These days, finding an affordable place to live in the 20842 area can be challenging. Home prices in 20842 are now at a median cost of $721,891, higher than the Maryland average of $357,815.
The average cost of rent is $1,606/mo in 20842, primarily driven by the current value of real estate in the 20842 area. While nearly 33.71% of residents own their homes outright in 20842, 12.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in 20842 is $14,503 per month. Households that rent pay about 11.07% of their income on rent here. 20842's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 20838, MD: less expensive homes
- 20839, MD: equally priced homes
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- 20841, MD: less expensive homes
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- 20871, MD: less expensive homes
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- 21777, MD: less expensive homes
- 21717, MD: less expensive homes
Zip Codes with Similar Populations
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