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These days, finding an affordable place to live in the Henderson area can be challenging. Home prices in Henderson are now at a median cost of $237,543, lower than the Maryland average of $450,578.
The average cost of rent is $1,667/mo in Henderson, primarily driven by the current value of real estate in the Henderson area. In Henderson, 13.77% of households rent, and 48.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Henderson is $5,337 per month. Households that rent pay about 31.24% of their income on rent here. Henderson’s most expensive areas are in the southwestern 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
- Union Corner, MD: higher priced homes
- Goldsboro, MD: higher priced homes
- Marydel, MD: equally priced homes
- Ingleside, MD: higher priced homes
- Marydel, DE: higher priced homes
- Sandtown, DE: higher priced homes
- Roberts, MD: higher priced homes
- Barclay, MD: higher priced homes
- Templeville, MD: higher priced homes
- Greensboro, MD: higher priced homes
Cities with Similar Populations
- Branchville, IN: equally priced homes
- Vergas, MN: higher priced homes
- Vaiden, MS: less expensive homes
- Tombstone, AZ: less expensive homes
- Stillwell, GA: higher priced homes
- St. Lawrence, PA: equally priced homes
- Smithton, MO: less expensive homes
- Senath, MO: less expensive homes
- Millville, DE: higher priced homes
- Garnerville, NY: higher priced homes
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