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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 $401,398, lower than the Maryland average of $450,578.
The average cost of rent is $1,232/mo in Berlin, primarily driven by the current value of real estate in the Berlin area. In Berlin, 27.19% of households rent, and 37.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Berlin is $6,743 per month. Households that rent pay about 18.28% of their income on rent here. Berlin’s most expensive areas are in the northwestern 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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Cities with Similar Populations
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- Richboro, PA: higher priced homes
- Corona de Tucson, AZ: equally priced homes
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