Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ellicott City area can be challenging. Home prices in Ellicott City are now at a median cost of $552,562, higher than the Maryland average of $357,815.
The average cost of rent is $1,983/mo in Ellicott City, primarily driven by the current value of real estate in the Ellicott City area. While nearly 28.47% of residents own their homes outright in Ellicott City, 25.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ellicott City is $12,359 per month. Households that rent pay about 16.04% of their income on rent here. Ellicott City's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
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