Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cambridge area can be challenging. Home prices in Cambridge are now at a median cost of $238,366, lower than the Maryland average of $357,815.
The average cost of rent is $968/mo in Cambridge, primarily driven by the current value of real estate in the Cambridge area. While nearly 45.54% of residents own their homes outright in Cambridge, 40.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cambridge is $4,984 per month. Households that rent pay about 19.43% of their income on rent here. Cambridge's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Christs Rock, MD: less expensive homes
- Jacktown, MD: equally priced homes
- Dailsville, MD: higher priced homes
- Lloyds, MD: higher priced homes
- Gluckheim, MD: higher priced homes
- Woolford, MD: higher priced homes
- East New Market, MD: less expensive homes
- Cornersville, MD: higher priced homes
- Trappe, MD: higher priced homes
- Linkwood, MD: less expensive homes
Cities with Similar Populations
- Linden, MI: equally priced homes
- Middlesex, NJ: higher priced homes
- McCordsville, IN: higher priced homes
- Mastic, NY: higher priced homes
- Marianna, FL: less expensive homes
- Mansfield, MA: higher priced homes
- Luquillo, PR: less expensive homes
- Lugoff, SC: less expensive homes
- Ludington, MI: less expensive homes
- Lowell, MI: higher priced homes
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