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These days, finding an affordable place to live in the 20851 area can be challenging. Home prices in 20851 are now at a median cost of $542,511, higher than the Maryland average of $450,578.
The average cost of rent is $2,522/mo in 20851, primarily driven by the current value of real estate in the 20851 area. In 20851, 29.80% of households rent, and 27.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 20851 is $11,644 per month. Households that rent pay about 21.66% of their income on rent here. 20851’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern 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
- 20853, MD: higher priced homes
- 20852, MD: higher priced homes
- 20850, MD: higher priced homes
- 20896, MD: higher priced homes
- 20906, MD: less expensive homes
- 20855, MD: higher priced homes
- 20895, MD: higher priced homes
- 20854, MD: higher priced homes
- 20902, MD: equally priced homes
- 20880, MD: higher priced homes
Zip Codes with Similar Populations
- 06478, CT: less expensive homes
- 37924, TN: less expensive homes
- 48360, MI: less expensive homes
- 53534, WI: less expensive homes
- 53558, WI: less expensive homes
- 28748, NC: less expensive homes
- 27863, NC: less expensive homes
- 64124, MO: less expensive homes
- 07436, NJ: higher priced homes
- 07853, NJ: higher priced homes
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