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Affordable
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These days, finding an affordable place to live in the Cedar Grove area can be challenging. Home prices in Cedar Grove are now at a median cost of $716,281, higher than the Maryland average of $450,578.
The average cost of rent is $2,651/mo in Cedar Grove, primarily driven by the current value of real estate in the Cedar Grove area. In Cedar Grove, 19.88% of households rent, and 23.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cedar Grove is $18,913 per month. Households that rent pay about 14.01% of their income on rent here. Cedar Grove’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Germantown, MD: less expensive homes
- Boyds, MD: equally priced homes
- North Potomac, MD: higher priced homes
- Poolesville, MD: equally priced homes
- Gaithersburg, MD: less expensive homes
- Travilah, MD: higher priced homes
- Lowes Island, VA: higher priced homes
- Montgomery Village, MD: less expensive homes
- Beallsville, MD: higher priced homes
- Barnesville, MD: higher priced homes
Cities with Similar Populations
- Whig Hill, PA: less expensive homes
- West Pike, PA: less expensive homes
- Denmark, IL: less expensive homes
- Valley Falls, OR: less expensive homes
- West Southport, ME: less expensive homes
- Modest Town, VA: less expensive homes
- Westford, PA: less expensive homes
- Aiken, TX: less expensive homes
- Carntown, KY: less expensive homes
- Westport, PA: less expensive homes
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