The Most Affordable Neighborhoods in Colmar Manor, MD by Home Value

 

Colmar Manor, MD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Colmar Manor area can be challenging. Home prices in Colmar Manor are now at a median cost of $299,200, lower than the Maryland average of $357,815.

The average cost of rent is $1,411/mo in Colmar Manor, primarily driven by the current value of real estate in the Colmar Manor area. While nearly 15.29% of residents own their homes outright in Colmar Manor, 15.82% rent.

Housing affordability isn’t just about home prices, though. The average household income in Colmar Manor is $7,500 per month. Households that rent pay about 18.81% of their income on rent here. Colmar Manor's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.


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