Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Annapolis Junction area can be challenging. Home prices in Annapolis Junction are now at a median cost of $369,870, higher than the Maryland average of $357,815.
The average cost of rent is $1,853/mo in Annapolis Junction, primarily driven by the current value of real estate in the Annapolis Junction area. While nearly 34.30% of residents own their homes outright in Annapolis Junction, 55.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Annapolis Junction is $10,250 per month. Households that rent pay about 18.08% of their income on rent here. Annapolis Junction's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Jessup, MD: less expensive homes
- Fort Meade, MD: higher priced homes
- Savage, MD: less expensive homes
- Maryland City, MD: equally priced homes
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- Scaggsville, MD: higher priced homes
- Severn, MD: equally priced homes
- Laurel, MD: less expensive homes
- Harmans, MD: equally priced homes
- Elkridge, MD: equally priced homes
Cities with Similar Populations
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- Eolia, KY: less expensive homes
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- Mantua, UT: equally priced homes
- Ringling, OK: less expensive homes
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- Danby, VT: less expensive homes
- Danville, GA: less expensive homes
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