Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Columbia area can be challenging. Home prices in Columbia are now at a median cost of $394,903, higher than the Maryland average of $357,815.
The average cost of rent is $1,931/mo in Columbia, primarily driven by the current value of real estate in the Columbia area. While nearly 26.16% of residents own their homes outright in Columbia, 31.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in Columbia is $10,247 per month. Households that rent pay about 18.84% of their income on rent here. Columbia's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Ilchester, MD: equally priced homes
- Fulton, MD: higher priced homes
- Clarksville, MD: higher priced homes
- Savage, MD: less expensive homes
- Ellicott City, MD: higher priced homes
- Jessup, MD: less expensive homes
- Scaggsville, MD: higher priced homes
- Elkridge, MD: less expensive homes
- Highland, MD: higher priced homes
- Annapolis Junction, MD: equally priced homes
Cities with Similar Populations
- Lucin, UT: less expensive homes
- Longmont, CO: higher priced homes
- Lubbock, TX: less expensive homes
- Land O' Lakes, FL: less expensive homes
- Lafayette, LA: less expensive homes
- Lafayette, IN: less expensive homes
- Leander, TX: less expensive homes
- Lexington, KY: less expensive homes
- Lexington, NC: less expensive homes
- Lexington, SC: less expensive homes
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