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These days, finding an affordable place to live in the 20878 area can be challenging. Home prices in 20878 are now at a median cost of $490,402, higher than the Maryland average of $357,815.
The average cost of rent is $2,227/mo in 20878, primarily driven by the current value of real estate in the 20878 area. While nearly 29.74% of residents own their homes outright in 20878, 31.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in 20878 is $11,412 per month. Households that rent pay about 19.51% of their income on rent here. 20878's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 20899, MD: less expensive homes
- 20877, MD: less expensive homes
- 20850, MD: higher priced homes
- 20880, MD: equally priced homes
- 20874, MD: less expensive homes
- 20879, MD: less expensive homes
- 20886, MD: less expensive homes
- 20855, MD: higher priced homes
- 20876, MD: less expensive homes
- 20854, MD: higher priced homes
Zip Codes with Similar Populations
- 11691, NY: higher priced homes
- 32765, FL: less expensive homes
- 89115, NV: less expensive homes
- 60640, IL: less expensive homes
- 00953, PR: less expensive homes
- 75056, TX: less expensive homes
- 75070, TX: less expensive homes
- 77521, TX: less expensive homes
- 78045, TX: less expensive homes
- 80016, CO: higher priced homes
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