Home Price Key
Affordable
Average
Expensive
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 $351,131, lower than the Maryland average of $357,815.
The average cost of rent is $1,588/mo in Chesapeake Beach, primarily driven by the current value of real estate in the Chesapeake Beach area. While nearly 17.95% of residents own their homes outright in Chesapeake Beach, 21.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chesapeake Beach is $8,928 per month. Households that rent pay about 17.79% of their income on rent here. Chesapeake Beach's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
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: higher 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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