Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Locust Point area can be challenging. Home prices in Locust Point are now at a median cost of $390,527, higher than the Baltimore average of $356,735.
The average cost of rent is $1,951/mo in Locust Point, primarily driven by the current value of real estate in the Locust Point area. While nearly 19.84% of residents own their homes outright in Locust Point, 29.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in Locust Point is $12,786 per month. Households that rent pay about 15.26% of their income on rent here. Locust Point's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Riverside, Baltimore, MD: less expensive homes
- Fells Point, Baltimore, MD: less expensive homes
- Federal Hill-Montgomery, Baltimore, MD: equally priced homes
- Jonestown, Baltimore, MD: less expensive homes
- Canton, Baltimore, MD: less expensive homes
- Hopkins-Middle East, Baltimore, MD: less expensive homes
- Patterson Park, Baltimore, MD: less expensive homes
- Downtown, Baltimore, MD: less expensive homes
- Highlandtown, Baltimore, MD: less expensive homes
- Oldtown, Baltimore, MD: less expensive homes
Neighborhoods with Similar Populations
- Urbanizacion El Cortijo, Bayamon, PR: less expensive homes
- Kenny, Minneapolis, MN: equally priced homes
- Sugar Pond Manor of Wellington, Wellington, FL: higher priced homes
- Sunset, Pueblo, CO: less expensive homes
- Lakewide, Oakland, CA: higher priced homes
- Downtown Royal Oak, Royal Oak, MI: less expensive homes
- Downtown Elyria, Elyria, OH: less expensive homes
- Douglas Acres, Des Moines, IA: less expensive homes
- Dineen Park, Milwaukee, WI: less expensive homes
- Stevens Triangle, Richland, WA: less expensive homes
All Local Stats
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