Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Berlin area can be challenging. Home prices in Berlin are now at a median cost of $277,644, lower than the Maryland average of $357,815.
The average cost of rent is $1,137/mo in Berlin, primarily driven by the current value of real estate in the Berlin area. While nearly 32.32% of residents own their homes outright in Berlin, 30.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Berlin is $5,863 per month. Households that rent pay about 19.40% of their income on rent here. Berlin's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Richmond Heights, MO: higher priced homes
- Richland Hills, TX: less expensive homes
- Richboro, PA: higher priced homes
- Corona de Tucson, AZ: less expensive homes
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