
Affordable
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These days, finding an affordable place to live in the Gwynn Oak area can be challenging. Home prices in Gwynn Oak are now at a median cost of $280,993, lower than the Maryland average of $450,578.
The average cost of rent is $1,129/mo in Gwynn Oak, primarily driven by the current value of real estate in the Gwynn Oak area. In Gwynn Oak, 46.62% of households rent, and 31.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gwynn Oak is $5,295 per month. Households that rent pay about 21.32% of their income on rent here. Gwynn Oak’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lochearn, MD: equally priced homes
- Woodlawn, MD: equally priced homes
- Milford Mill, MD: equally priced homes
- Pikesville, MD: higher priced homes
- Catonsville, MD: higher priced homes
- Baltimore, MD: higher priced homes
- Halethorpe, MD: equally priced homes
- Arbutus, MD: higher priced homes
- Windsor Mill, MD: higher priced homes
- Lansdowne, MD: less expensive homes
Cities with Similar Populations
- Winfield, IL: higher priced homes
- Batesville, MS: less expensive homes
- Bay St. Louis, MS: less expensive homes
- Beaver, PA: equally priced homes
- Bennington, VT: less expensive homes
- Bound Brook, NJ: higher priced homes
- Bradford, PA: less expensive homes
- West University Place, TX: higher priced homes
- Winchester, TN: less expensive homes
- Alamosa, CO: equally priced homes
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