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These days, finding an affordable place to live in the 21562 area can be challenging. Home prices in 21562 are now at a median cost of $106,007, lower than the Maryland average of $357,815.
The average cost of rent is $482/mo in 21562, primarily driven by the current value of real estate in the 21562 area. While nearly 46.73% of residents own their homes outright in 21562, 16.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in 21562 is $4,174 per month. Households that rent pay about 11.55% of their income on rent here. 21562's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 26750, WV: less expensive homes
- 21540, MD: less expensive homes
- 21523, MD: higher priced homes
- 21521, MD: less expensive homes
- 26726, WV: higher priced homes
- 21557, MD: equally priced homes
- 21539, MD: less expensive homes
- 21542, MD: higher priced homes
- 21561, MD: higher priced homes
- 21538, MD: higher priced homes
Zip Codes with Similar Populations
- 85121, AZ: less expensive homes
- 06377, CT: higher priced homes
- 45832, OH: equally priced homes
- 48615, MI: equally priced homes
- 38850, MS: less expensive homes
- 36523, AL: higher priced homes
- 54872, WI: higher priced homes
- 62428, IL: less expensive homes
- 65674, MO: equally priced homes
- 67144, KS: higher priced homes
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