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These days, finding an affordable place to live in the Lloyds area can be challenging. Home prices in Lloyds are now at a median cost of $446,045, lower than the Maryland average of $450,578.
The average cost of rent is $994/mo in Lloyds, primarily driven by the current value of real estate in the Lloyds area. In Lloyds, 20.40% of households rent, and 43.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lloyds is $7,482 per month. Households that rent pay about 13.29% of their income on rent here. Lloyds’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cornersville, MD: less expensive homes
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Cities with Similar Populations
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