Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Georgetown area can be challenging. Home prices in Georgetown are now at a median cost of $311,469, lower than the Maryland average of $357,815.
The average cost of rent is $927/mo in Georgetown, primarily driven by the current value of real estate in the Georgetown area. While nearly 37.51% of residents own their homes outright in Georgetown, 14.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in Georgetown is $8,130 per month. Households that rent pay about 11.41% of their income on rent here. Georgetown's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Still Pond, MD: equally priced homes
- Kentmore Park, MD: less expensive homes
- Worton, MD: equally priced homes
- Kennedyville, MD: higher priced homes
- Coleman, MD: equally priced homes
- Betterton, MD: equally priced homes
- Chestertown, MD: less expensive homes
- Hazelmoor, MD: higher priced homes
- Ewingville, MD: equally priced homes
- Crumpton, MD: higher priced homes
Cities with Similar Populations
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- Kinkora Heights, PA: less expensive homes
- Jones Springs, WV: less expensive homes
- Inman, NE: less expensive homes
- Ingot, CA: less expensive homes
- Indian Kettles, NY: less expensive homes
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