Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lanham area can be challenging. Home prices in Lanham are now at a median cost of $381,257, higher than the Maryland average of $357,815.
The average cost of rent is $1,750/mo in Lanham, primarily driven by the current value of real estate in the Lanham area. While nearly 20.35% of residents own their homes outright in Lanham, 26.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lanham is $8,689 per month. Households that rent pay about 20.14% of their income on rent here. Lanham's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Seabrook, MD: less expensive homes
- New Carrollton, MD: less expensive homes
- Riverdale, MD: less expensive homes
- Glenn Dale, MD: higher priced homes
- Glenarden, MD: less expensive homes
- Landover Hills, MD: less expensive homes
- Greenbelt, MD: less expensive homes
- Mitchellville, MD: equally priced homes
- East Riverdale, MD: less expensive homes
- Landover, MD: less expensive homes
Cities with Similar Populations
- Radford, VA: less expensive homes
- Aberdeen, WA: less expensive homes
- Lawrenceburg, KY: less expensive homes
- Lawrenceburg, TN: less expensive homes
- Lebanon, IN: less expensive homes
- Lewistown, PA: less expensive homes
- Liberty Hill, TX: equally priced homes
- Lillington, NC: less expensive homes
- Lincoln, RI: equally priced homes
- Long Beach, MS: less expensive homes
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