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These days, finding an affordable place to live in the Ilchester area can be challenging. Home prices in Ilchester are now at a median cost of $543,426, higher than the Maryland average of $450,578.
The average cost of rent is $1,944/mo in Ilchester, primarily driven by the current value of real estate in the Ilchester area. In Ilchester, 23.41% of households rent, and 26.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ilchester is $13,942 per month. Households that rent pay about 13.94% of their income on rent here. Ilchester’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Elkridge, MD: less expensive homes
- Columbia, MD: less expensive homes
- Jessup, MD: less expensive homes
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- Arbutus, MD: less expensive homes
- Ellicott City, MD: higher priced homes
- Savage, MD: less expensive homes
- Harmans, MD: less expensive homes
Cities with Similar Populations
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- Horn Lake, MS: less expensive homes
- Homewood, AL: equally priced homes
- Highland Park, IL: higher priced homes
- Hermiston, OR: less expensive homes
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