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These days, finding an affordable place to live in the Annapolis Neck area can be challenging. Home prices in Annapolis Neck are now at a median cost of $705,746, higher than the Maryland average of $450,578.
The average cost of rent is $2,237/mo in Annapolis Neck, primarily driven by the current value of real estate in the Annapolis Neck area. In Annapolis Neck, 21.36% of households rent, and 31.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Annapolis Neck is $13,104 per month. Households that rent pay about 17.07% of their income on rent here. Annapolis Neck’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Highland Beach, MD: equally priced homes
- Annapolis, MD: less expensive homes
- Mayo, MD: less expensive homes
- Edgewater, MD: less expensive homes
- Parole, MD: less expensive homes
- Riva, MD: equally priced homes
- Galesville, MD: equally priced homes
- Cape St. Claire, MD: less expensive homes
- Shady Side, MD: less expensive homes
- Arnold, MD: less expensive homes
Cities with Similar Populations
- McLeansville, NC: less expensive homes
- Northport, NY: higher priced homes
- Chipley, FL: less expensive homes
- Newcastle, OK: less expensive homes
- Newaygo, MI: less expensive homes
- Monongahela, PA: less expensive homes
- Monmouth, IL: less expensive homes
- Mercer, PA: less expensive homes
- Cottage Grove, WI: less expensive homes
- Menominee, MI: less expensive homes
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