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These days, finding an affordable place to live in the Chesapeake Beach area can be challenging. Home prices in Chesapeake Beach are now at a median cost of $429,406, lower than the Maryland average of $450,578.
The average cost of rent is $1,925/mo in Chesapeake Beach, primarily driven by the current value of real estate in the Chesapeake Beach area. In Chesapeake Beach, 13.43% of households rent, and 17.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chesapeake Beach is $11,381 per month. Households that rent pay about 16.91% of their income on rent here. Chesapeake Beach’s most expensive areas are in the southwestern 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
- Sunderland, MD: higher priced homes
- North Beach, MD: equally priced homes
- Friendship, MD: higher priced homes
- Owings, MD: higher priced homes
- Huntingtown, MD: higher priced homes
- Tracys Landing, MD: higher priced homes
- Lower Marlboro, MD: higher priced homes
- Dunkirk, MD: higher priced homes
- Dares Beach, MD: equally priced homes
- Churchton, MD: equally priced homes
Cities with Similar Populations
- Pleasant Garden, NC: less expensive homes
- Penn Yan, NY: less expensive homes
- Perry, IA: less expensive homes
- Perryton, TX: less expensive homes
- Phoenix, MD: higher priced homes
- Piedmont, AL: less expensive homes
- Pigeon Forge, TN: less expensive homes
- Pilot Mountain, NC: less expensive homes
- Piney Flats, TN: less expensive homes
- Pismo Beach, CA: higher priced homes
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