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These days, finding an affordable place to live in the 20855 area can be challenging. Home prices in 20855 are now at a median cost of $664,238, higher than the Maryland average of $450,578.
The average cost of rent is $2,390/mo in 20855, primarily driven by the current value of real estate in the 20855 area. In 20855, 26.37% of households rent, and 36.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 20855 is $12,499 per month. Households that rent pay about 19.12% of their income on rent here. 20855’s most expensive areas are in the northeastern 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
- 20880, MD: less expensive homes
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- 20850, MD: equally priced homes
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- 20851, MD: less expensive homes
- 20832, MD: equally priced homes
- 20853, MD: equally priced homes
- 20878, MD: equally priced homes
Zip Codes with Similar Populations
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- 46303, IN: less expensive homes
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