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These days, finding an affordable place to live in the 21047 area can be challenging. Home prices in 21047 are now at a median cost of $552,883, higher than the Maryland average of $450,578.
The average cost of rent is $2,199/mo in 21047, primarily driven by the current value of real estate in the 21047 area. In 21047, 6.04% of households rent, and 37.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 21047 is $13,526 per month. Households that rent pay about 16.26% of their income on rent here. 21047’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern 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
- 21082, MD: equally priced homes
- 21013, MD: equally priced homes
- 21051, MD: equally priced homes
- 21050, MD: less expensive homes
- 21014, MD: less expensive homes
- 21087, MD: equally priced homes
- 21156, MD: less expensive homes
- 21015, MD: less expensive homes
- 21084, MD: less expensive homes
- 21057, MD: higher priced homes
Zip Codes with Similar Populations
- 35951, AL: less expensive homes
- 75686, TX: less expensive homes
- 71129, LA: less expensive homes
- 70739, LA: less expensive homes
- 42642, KY: less expensive homes
- 01940, MA: higher priced homes
- 37683, TN: less expensive homes
- 36272, AL: less expensive homes
- 36037, AL: less expensive homes
- 76309, TX: less expensive homes
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