
Home Price Key
These days, finding an affordable place to live in the Cheverly area can be challenging. Home prices in Cheverly are now at a median cost of $378,098, higher than the Maryland average of $357,815.
The average cost of rent is $1,842/mo in Cheverly, primarily driven by the current value of real estate in the Cheverly area. While nearly 29.17% of residents own their homes outright in Cheverly, 26.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cheverly is $8,292 per month. Households that rent pay about 22.21% of their income on rent here. Cheverly's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Bladensburg, MD: less expensive homes
- Landover, MD: less expensive homes
- Landover Hills, MD: less expensive homes
- Fairmount Heights, MD: less expensive homes
- Colmar Manor, MD: less expensive homes
- Edmonston, MD: equally priced homes
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- Seat Pleasant, MD: less expensive homes
- Cottage City, MD: less expensive homes
- East Riverdale, MD: less expensive homes
Cities with Similar Populations
- New Market, MD: higher priced homes
- Hogansville, GA: less expensive homes
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- Hugo, OK: less expensive homes
- Hull, GA: less expensive homes
- Hunlock Creek, PA: less expensive homes
- Huntingdon, TN: less expensive homes
- Huntington, TX: less expensive homes
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