Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Boonsboro area can be challenging. Home prices in Boonsboro are now at a median cost of $254,188, lower than the Maryland average of $357,815.
The average cost of rent is $1,100/mo in Boonsboro, primarily driven by the current value of real estate in the Boonsboro area. While nearly 34.33% of residents own their homes outright in Boonsboro, 28.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in Boonsboro is $6,557 per month. Households that rent pay about 16.78% of their income on rent here. Boonsboro's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Burtner, MD: equally priced homes
- Eakles Mill, MD: higher priced homes
- Greenbrier, MD: higher priced homes
- St. James, MD: higher priced homes
- Fairplay, MD: equally priced homes
- Bakersville, MD: higher priced homes
- Funkstown, MD: less expensive homes
- Keedysville, MD: higher priced homes
- Myersville, MD: higher priced homes
- Jugtown, MD: higher priced homes
Cities with Similar Populations
- Tarboro, NC: less expensive homes
- Hillcrest Heights, MD: equally priced homes
- High Ridge, MO: less expensive homes
- Hidalgo, TX: less expensive homes
- Hermitage, PA: less expensive homes
- Hedgesville, WV: less expensive homes
- Healdsburg, CA: higher priced homes
- Swampscott, MA: higher priced homes
- Swansea, IL: less expensive homes
- Holden, MA: higher priced homes
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