The Most Affordable Neighborhoods in Hamilton Area, Baltimore, MD by Home Value

 

Hamilton Area, Baltimore, MD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Hamilton Area area can be challenging. Home prices in Hamilton Area are now at a median cost of $197,296, lower than the Baltimore average of $356,735.

The average cost of rent is $1,240/mo in Hamilton Area, primarily driven by the current value of real estate in the Hamilton Area area. While nearly 29.85% of residents own their homes outright in Hamilton Area, 30.15% rent.

Housing affordability isn’t just about home prices, though. The average household income in Hamilton Area is $5,280 per month. Households that rent pay about 23.48% of their income on rent here. Hamilton Area's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the neighborhood.


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