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These days, finding an affordable place to live in the Fort Meade area can be challenging. Home prices in Fort Meade are now at a median cost of $524,099, higher than the Maryland average of $450,578.
The average cost of rent is $2,586/mo in Fort Meade, primarily driven by the current value of real estate in the Fort Meade area. In Fort Meade, 79.10% of households rent, and 20.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fort Meade is $10,039 per month. Households that rent pay about 25.76% of their income on rent here. Fort Meade’s most expensive areas are in the northwestern 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
- Annapolis Junction, MD: less expensive homes
- Severn, MD: less expensive homes
- Hanover, MD: equally priced homes
- Jessup, MD: less expensive homes
- Maryland City, MD: less expensive homes
- Odenton, MD: equally priced homes
- Harmans, MD: less expensive homes
- Savage, MD: less expensive homes
- Elkridge, MD: less expensive homes
- Patuxent, MD: higher priced homes
Cities with Similar Populations
- Mims, FL: less expensive homes
- Maynard, MA: equally priced homes
- Maysville, KY: less expensive homes
- Mcdonald, PA: less expensive homes
- McGregor, TX: less expensive homes
- Metropolis, IL: less expensive homes
- Middletown, MD: equally priced homes
- Middleville, MI: less expensive homes
- Midland, WA: less expensive homes
- Milan, TN: less expensive homes
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