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Affordable
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These days, finding an affordable place to live in the Chester area can be challenging. Home prices in Chester are now at a median cost of $503,657, higher than the Maryland average of $450,578.
The average cost of rent is $1,762/mo in Chester, primarily driven by the current value of real estate in the Chester area. In Chester, 24.38% of households rent, and 28.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chester is $9,419 per month. Households that rent pay about 18.70% of their income on rent here. Chester’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Stevensville, MD: equally priced homes
- Kent Narrows, MD: higher priced homes
- Grasonville, MD: higher priced homes
- Queenstown, MD: equally priced homes
- Romancoke on the Bay, MD: equally priced homes
- Claiborne, MD: higher priced homes
- Highland Beach, MD: higher priced homes
- Cape St. Claire, MD: equally priced homes
- Annapolis Neck, MD: higher priced homes
- Mcdaniel, MD: higher priced homes
Cities with Similar Populations
- Palermo, CA: less expensive homes
- Idabel, OK: less expensive homes
- Ijamsville, MD: higher priced homes
- Independence, IA: less expensive homes
- Independence, OH: less expensive homes
- Indian Head, MD: less expensive homes
- Inola, OK: less expensive homes
- Inverness Highlands South, FL: less expensive homes
- Iron Station, NC: less expensive homes
- Jackson, CA: less expensive homes
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