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These days, finding an affordable place to live in the Chestertown area can be challenging. Home prices in Chestertown are now at a median cost of $341,356, lower than the Maryland average of $450,578.
The average cost of rent is $1,324/mo in Chestertown, primarily driven by the current value of real estate in the Chestertown area. In Chestertown, 29.91% of households rent, and 39.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chestertown is $6,055 per month. Households that rent pay about 21.87% of their income on rent here. Chestertown’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Foxley Manor, MD: equally priced homes
- Kingstown, MD: higher priced homes
- Pomona, MD: higher priced homes
- Ewingville, MD: higher priced homes
- Fairlee, MD: equally priced homes
- Worton, MD: less expensive homes
- Rolphs, MD: higher priced homes
- Georgetown, MD: equally priced homes
- Johnsontown, MD: higher priced homes
- Crumpton, MD: equally priced homes
Cities with Similar Populations
- Humboldt, TN: less expensive homes
- Jackson, WI: equally priced homes
- Jacksboro, TN: less expensive homes
- Jacinto City, TX: less expensive homes
- Itasca, IL: higher priced homes
- Ishpeming, MI: less expensive homes
- Irvine, KY: less expensive homes
- Inwood, NY: higher priced homes
- Interlachen, FL: less expensive homes
- Ingleside, TX: less expensive homes
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