The Most Affordable Neighborhoods in Carroll Manor, Takoma Park, MD by Home Value

 

Carroll Manor, Takoma Park, MD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Carroll Manor area can be challenging. Home prices in Carroll Manor are now at a median cost of $847,979, higher than the Takoma Park average of $653,653.

The average cost of rent is $1,410/mo in Carroll Manor, primarily driven by the current value of real estate in the Carroll Manor area. In Carroll Manor, 53.06% of households rent, and 22.44% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Carroll Manor is $9,357 per month. Households that rent pay about 15.07% of their income on rent here. Carroll Manor’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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