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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 $553,744, higher than the Maryland average of $357,815.
The average cost of rent is $1,788/mo in 20855, primarily driven by the current value of real estate in the 20855 area. While nearly 31.93% of residents own their homes outright in 20855, 18.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in 20855 is $10,698 per month. Households that rent pay about 16.71% of their income on rent here. 20855's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
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