Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hoyes area can be challenging. Home prices in Hoyes are now at a median cost of $282,500, lower than the Maryland average of $357,815.
The average cost of rent is $608/mo in Hoyes, primarily driven by the current value of real estate in the Hoyes area. While nearly 42.92% of residents own their homes outright in Hoyes, 12.25% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hoyes is $4,206 per month. Households that rent pay about 14.45% of their income on rent here. Hoyes's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Hambletville, NY: less expensive homes
- Halsey, NE: less expensive homes
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