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These days, finding an affordable place to live in the Greenbelt area can be challenging. Home prices in Greenbelt are now at a median cost of $333,078, lower than the Maryland average of $450,578.
The average cost of rent is $1,855/mo in Greenbelt, primarily driven by the current value of real estate in the Greenbelt area. In Greenbelt, 53.88% of households rent, and 26.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Greenbelt is $7,509 per month. Households that rent pay about 24.71% of their income on rent here. Greenbelt’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Berwyn Heights, MD: higher priced homes
- Seabrook, MD: higher priced homes
- College Park, MD: higher priced homes
- New Carrollton, MD: higher priced homes
- Lanham, MD: higher priced homes
- Riverdale, MD: higher priced homes
- East Riverdale, MD: higher priced homes
- Riverdale Park, MD: higher priced homes
- University Park, MD: higher priced homes
- Beltsville, MD: higher priced homes
Cities with Similar Populations
- Cohoes, NY: less expensive homes
- Vidor, TX: less expensive homes
- Versailles, KY: less expensive homes
- Vero Beach South, FL: equally priced homes
- Crofton, MD: higher priced homes
- Crescent City, CA: equally priced homes
- Crawfordville, FL: less expensive homes
- Covington, KY: less expensive homes
- Corcoran, CA: less expensive homes
- Coral Terrace, FL: higher priced homes
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