Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Broomes Island area can be challenging. Home prices in Broomes Island are now at a median cost of $372,400, higher than the Maryland average of $357,815.
The average cost of rent is $1,682/mo in Broomes Island, primarily driven by the current value of real estate in the Broomes Island area. While nearly 42.94% of residents own their homes outright in Broomes Island, 5.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Broomes Island is $12,280 per month. Households that rent pay about 13.70% of their income on rent here. Broomes Island's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Wallville, MD: higher priced homes
- St. Leonard, MD: equally priced homes
- Port Republic, MD: equally priced homes
- Long Beach, MD: less expensive homes
- Hollywood, MD: equally priced homes
- White Sands, MD: less expensive homes
- Lusby, MD: less expensive homes
- Cove Point, MD: less expensive homes
- Solomons, MD: equally priced homes
- Dowell, MD: higher priced homes
Cities with Similar Populations
- DeSoto, IN: less expensive homes
- Neptune, IA: less expensive homes
- Neola, MO: less expensive homes
- Portage, ME: less expensive homes
- Unity, GA: less expensive homes
- La Jose, PA: less expensive homes
- Sandtown, AR: less expensive homes
- South Westport, MA: higher priced homes
- Denhawken, TX: less expensive homes
- Lake Bonaparte, NY: less expensive homes
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