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 $638,630, higher than the Takoma Park average of $510,589.

The average cost of rent is $1,162/mo in Carroll Manor, primarily driven by the current value of real estate in the Carroll Manor area. While nearly 22.47% of residents own their homes outright in Carroll Manor, 53.86% rent.

Housing affordability isn’t just about home prices, though. The average household income in Carroll Manor is $6,703 per month. Households that rent pay about 17.33% of their income on rent here. Carroll Manor's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the neighborhood.


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