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These days, finding an affordable place to live in the Cloverly area can be challenging. Home prices in Cloverly are now at a median cost of $693,969, higher than the Maryland average of $450,578.
The average cost of rent is $2,243/mo in Cloverly, primarily driven by the current value of real estate in the Cloverly area. In Cloverly, 13.48% of households rent, and 27.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cloverly is $12,838 per month. Households that rent pay about 17.47% of their income on rent here. Cloverly’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Spencerville, MD: equally priced homes
- Colesville, MD: less expensive homes
- Fairland, MD: less expensive homes
- Ashton, MD: higher priced homes
- Burtonsville, MD: less expensive homes
- Glenmont, MD: less expensive homes
- Sandy Spring, MD: higher priced homes
- Calverton, MD: less expensive homes
- White Oak, MD: less expensive homes
- Aspen Hill, MD: less expensive homes
Cities with Similar Populations
- Chatham, IL: less expensive homes
- Auburn, MA: less expensive homes
- Wimauma, FL: less expensive homes
- Ballston Lake, NY: less expensive homes
- Baraboo, WI: less expensive homes
- Whitman, MA: less expensive homes
- White Plains, MD: less expensive homes
- Beach Park, IL: less expensive homes
- Welby, CO: less expensive homes
- Adelphi, MD: less expensive homes
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