The Most Affordable Neighborhoods in Kemp Mill, MD by Home Value

 

Kemp Mill, MD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Kemp Mill area can be challenging. Home prices in Kemp Mill are now at a median cost of $436,397, higher than the Maryland average of $357,815.

The average cost of rent is $2,156/mo in Kemp Mill, primarily driven by the current value of real estate in the Kemp Mill area. While nearly 31.94% of residents own their homes outright in Kemp Mill, 17.00% rent.

Housing affordability isn’t just about home prices, though. The average household income in Kemp Mill is $12,641 per month. Households that rent pay about 17.06% of their income on rent here. Kemp Mill's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.


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