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These days, finding an affordable place to live in the Cottage City area can be challenging. Home prices in Cottage City are now at a median cost of $343,100, lower than the Maryland average of $450,578.
The average cost of rent is $1,565/mo in Cottage City, primarily driven by the current value of real estate in the Cottage City area. In Cottage City, 26.58% of households rent, and 25.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cottage City is $6,733 per month. Households that rent pay about 23.24% of their income on rent here. Cottage City’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Colmar Manor, MD: equally priced homes
- North Brentwood, MD: higher priced homes
- Brentwood, MD: higher priced homes
- Mount Rainier, MD: higher priced homes
- Edmonston, MD: higher priced homes
- Bladensburg, MD: equally priced homes
- Riverdale Park, MD: higher priced homes
- Hyattsville, MD: higher priced homes
- Cheverly, MD: higher priced homes
- University Park, MD: higher priced homes
Cities with Similar Populations
- Tumbling Shoals, AR: less expensive homes
- Chesapeake, WV: less expensive homes
- Cheshire, OR: higher priced homes
- Clarington, OH: less expensive homes
- Corolla, NC: higher priced homes
- Crainville, IL: less expensive homes
- Shandon, CA: higher priced homes
- St. George, GA: less expensive homes
- Strong, AR: less expensive homes
- Towanda, IL: equally priced homes
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