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These days, finding an affordable place to live in the Drayden area can be challenging. Home prices in Drayden are now at a median cost of $684,978, higher than the Maryland average of $450,578.
The average cost of rent is $1,526/mo in Drayden, primarily driven by the current value of real estate in the Drayden area. In Drayden, 8.61% of households rent, and 26.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Drayden is $14,240 per month. Households that rent pay about 10.72% of their income on rent here. Drayden’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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