The Most Affordable Neighborhoods in Londontowne, Edgewater, MD by Home Value

 

Londontowne, Edgewater, MD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Londontowne area can be challenging. Home prices in Londontowne are now at a median cost of $468,509, lower than the Edgewater average of $544,206.

The average cost of rent is $2,616/mo in Londontowne, primarily driven by the current value of real estate in the Londontowne area. In Londontowne, 15.61% of households rent, and 27.98% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Londontowne is $9,910 per month. Households that rent pay about 26.40% of their income on rent here. Londontowne’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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