Home Price Key
Affordable
Average
Expensive
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 $295,882, lower than the Maryland average of $357,815.
The average cost of rent is $1,862/mo in Gunpowder, primarily driven by the current value of real estate in the Gunpowder area. While nearly 29.99% of residents own their homes outright in Gunpowder, 98.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gunpowder is $7,349 per month. Households that rent pay about 25.34% of their income on rent here. Gunpowder's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Edgewood, MD: less expensive homes
- Joppatowne, MD: equally priced homes
- Oliver Beach, MD: less expensive homes
- Harewood Park, MD: higher priced homes
- Dundee Village, MD: higher priced homes
- Joppa, MD: equally priced homes
- Abingdon, MD: higher priced homes
- Upper Falls, MD: higher priced homes
- Belcamp, MD: less expensive homes
- Riverside, MD: less expensive homes
Cities with Similar Populations
- Canawaugus, NY: less expensive homes
- Wallula, WA: equally 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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