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These days, finding an affordable place to live in the Glenmont area can be challenging. Home prices in Glenmont are now at a median cost of $539,974, higher than the Maryland average of $450,578.
The average cost of rent is $2,100/mo in Glenmont, primarily driven by the current value of real estate in the Glenmont area. In Glenmont, 37.37% of households rent, and 30.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Glenmont is $10,923 per month. Households that rent pay about 19.22% of their income on rent here. Glenmont’s most expensive areas are in the northeastern 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
- Wheaton, MD: equally priced homes
- Aspen Hill, MD: equally priced homes
- Kemp Mill, MD: higher priced homes
- Colesville, MD: higher priced homes
- Kensington, MD: higher priced homes
- Garrett Park, MD: higher priced homes
- Cloverly, MD: higher priced homes
- White Oak, MD: equally priced homes
- Four Corners, MD: higher priced homes
- Silver Spring, MD: equally priced homes
Cities with Similar Populations
- Camby, IN: less expensive homes
- Vandalia, OH: less expensive homes
- Veradale, WA: less expensive homes
- Vermilion, OH: less expensive homes
- Verona, PA: less expensive homes
- Portales, NM: less expensive homes
- Plainville, CT: less expensive homes
- Celina, OH: less expensive homes
- Carriere, MS: less expensive homes
- Carpinteria, CA: higher priced homes
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