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These days, finding an affordable place to live in the Chesapeake Ranch Estates area can be challenging. Home prices in Chesapeake Ranch Estates are now at a median cost of $295,878, lower than the Maryland average of $450,578.
The average cost of rent is $1,774/mo in Chesapeake Ranch Estates, primarily driven by the current value of real estate in the Chesapeake Ranch Estates area. In Chesapeake Ranch Estates, 9.97% of households rent, and 13.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chesapeake Ranch Estates is $8,952 per month. Households that rent pay about 19.82% of their income on rent here. Chesapeake Ranch Estates’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lusby, MD: higher priced homes
- Dowell, MD: higher priced homes
- Cove Point, MD: higher priced homes
- Solomons, MD: higher priced homes
- White Sands, MD: higher priced homes
- Patuxent River, MD: higher priced homes
- Wallville, MD: higher priced homes
- Long Beach, MD: higher priced homes
- California, MD: higher priced homes
- Lexington Park, MD: higher priced homes
Cities with Similar Populations
- Metropolis, IL: less expensive homes
- Madison, OH: less expensive homes
- Madisonville, TX: less expensive homes
- Wimberley, TX: higher priced homes
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- Maywood, NJ: higher priced homes
- Mcdonald, PA: higher priced homes
- McGregor, TX: higher priced homes
- Mendham, NJ: higher priced homes
- Mentone, CA: higher priced homes
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