Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Inverness area can be challenging. Home prices in Inverness are now at a median cost of $211,134, lower than the Dundalk average of $219,864.
The average cost of rent is $1,868/mo in Inverness, primarily driven by the current value of real estate in the Inverness area. In Inverness, 53.07% of households rent, and 26.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Inverness is $4,068 per month. Households that rent pay about 45.92% of their income on rent here. Inverness’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Gray Haven, Dundalk, MD: equally priced homes
- Eastfield, Dundalk, MD: higher priced homes
- Turners, Dundalk, MD: higher priced homes
- Norwood Park, Dundalk, MD: equally priced homes
- Eastwood, Dundalk, MD: less expensive homes
- Bayview Area, Baltimore, MD: less expensive homes
- Highlandtown, Baltimore, MD: higher priced homes
- Monument Street, Baltimore, MD: less expensive homes
- Canton, Baltimore, MD: higher priced homes
- Hawthorne, Middle River, MD: less expensive homes
Neighborhoods with Similar Populations
- Raleigh Court, Roanoke, VA: higher priced homes
- Las Cruces, Laredo, TX: less expensive homes
- Lobdell-Woodale, Baton Rouge, LA: less expensive homes
- Mayfield, Ceres, CA: higher priced homes
- Meadowdale, Lynnwood, WA: higher priced homes
- Meridian Park, Shoreline, WA: higher priced homes
- Morrell Park, Baltimore, MD: less expensive homes
- Nonantum, Newton, MA: higher priced homes
- North Central, Columbus, OH: less expensive homes
- Pecan Park, Jacksonville, FL: higher priced homes
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