The Most Affordable Neighborhoods in Charles Village, Baltimore, MD by Home Value

 

Charles Village, Baltimore, MD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Charles Village area can be challenging. Home prices in Charles Village are now at a median cost of $302,673, lower than the Baltimore average of $408,559.

The average cost of rent is $1,320/mo in Charles Village, primarily driven by the current value of real estate in the Charles Village area. In Charles Village, 68.16% of households rent, and 36.50% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Charles Village is $4,538 per month. Households that rent pay about 29.08% of their income on rent here. Charles Village’s most expensive areas are in the southern regions, while the cheapest areas are in the southeastern 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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