The Most Affordable Neighborhoods in Bel Alton, MD by Home Value

 

Bel Alton, MD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Bel Alton area can be challenging. Home prices in Bel Alton are now at a median cost of $512,537, higher than the Maryland average of $450,578.

The average cost of rent is $1,365/mo in Bel Alton, primarily driven by the current value of real estate in the Bel Alton area. In Bel Alton, 14.31% of households rent, and 27.87% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Bel Alton is $13,163 per month. Households that rent pay about 10.37% of their income on rent here. Bel Alton’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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