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These days, finding an affordable place to live in the 20850 area can be challenging. Home prices in 20850 are now at a median cost of $678,713, higher than the Maryland average of $450,578.
The average cost of rent is $2,531/mo in 20850, primarily driven by the current value of real estate in the 20850 area. In 20850, 49.18% of households rent, and 34.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 20850 is $12,188 per month. Households that rent pay about 20.76% of their income on rent here. 20850’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 20851, MD: less expensive homes
- 20880, MD: less expensive homes
- 20855, MD: equally priced homes
- 20878, MD: equally priced homes
- 20877, MD: less expensive homes
- 20899, MD: less expensive homes
- 20854, MD: higher priced homes
- 20852, MD: equally priced homes
- 20853, MD: less expensive homes
- 20879, MD: less expensive homes
Zip Codes with Similar Populations
- 63123, MO: less expensive homes
- 85009, AZ: less expensive homes
- 84120, UT: less expensive homes
- 84065, UT: equally priced homes
- 84020, UT: higher priced homes
- 79907, TX: less expensive homes
- 77498, TX: less expensive homes
- 76051, TX: less expensive homes
- 72401, AR: less expensive homes
- 70065, LA: less expensive homes
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