Expensive
Affordable
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These days, finding an affordable place to live in the Gunpowder area can be challenging. Home prices in Gunpowder are now at a median cost of $378,663, lower than the Maryland average of $450,578.
The average cost of rent is $3,074/mo in Gunpowder, primarily driven by the current value of real estate in the Gunpowder area. In Gunpowder, 100.00% of households rent, and 31.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gunpowder is $7,850 per month. Households that rent pay about 39.15% of their income on rent here. Gunpowder’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Edgewood, MD: less expensive homes
- Joppatowne, MD: equally priced homes
- Oliver Beach, MD: equally priced homes
- Harewood Park, MD: higher priced homes
- Dundee Village, MD: equally priced homes
- Joppa, MD: equally priced homes
- Abingdon, MD: equally priced homes
- Upper Falls, MD: equally priced homes
- Belcamp, MD: less expensive homes
- Riverside, MD: less expensive homes
Cities with Similar Populations
- Canawaugus, NY: less expensive homes
- Wallula, WA: higher priced homes
- Wallis Run, PA: less expensive homes
- Wales, TN: less expensive homes
- Voss, TX: less expensive homes
- Volcanoville, CA: equally priced homes
- Virginia, NE: less expensive homes
- Vintonton, NY: less expensive homes
- Cascade, MO: less expensive homes
- Carvers, NC: less expensive homes
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