Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cobb Island area can be challenging. Home prices in Cobb Island are now at a median cost of $212,980, lower than the Maryland average of $357,815.
The average cost of rent is $1,668/mo in Cobb Island, primarily driven by the current value of real estate in the Cobb Island area. While nearly 11.88% of residents own their homes outright in Cobb Island, 16.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cobb Island is $9,288 per month. Households that rent pay about 17.96% of their income on rent here. Cobb Island's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Rock Point, MD: higher priced homes
- Longview Beach, MD: higher priced homes
- Bushwood, MD: higher priced homes
- Issue, MD: higher priced homes
- Coltons Point, MD: higher priced homes
- Avenue, MD: higher priced homes
- Abell, MD: higher priced homes
- Mount Victoria, MD: higher priced homes
- Chaptico, MD: higher priced homes
- Colonial Beach, VA: equally priced homes
Cities with Similar Populations
- Ridgeway, MO: less expensive homes
- New Plymouth, OH: less expensive homes
- Pleasant Grove, CA: higher priced homes
- Polkville, MS: less expensive homes
- Pottersville, MO: less expensive homes
- Prescott, WA: less expensive homes
- Presque Isle, WI: higher priced homes
- Ragland, WV: less expensive homes
- Ravia, OK: less expensive homes
- Red Valley, AZ: less expensive homes
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