The Most Affordable Neighborhoods in Lower Northwood, Baltimore, MD by Home Value

 

Lower Northwood, Baltimore, MD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lower Northwood area can be challenging. Home prices in Lower Northwood are now at a median cost of $176,127, lower than the Baltimore average of $356,735.

The average cost of rent is $1,036/mo in Lower Northwood, primarily driven by the current value of real estate in the Lower Northwood area. While nearly 26.75% of residents own their homes outright in Lower Northwood, 29.16% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lower Northwood is $5,138 per month. Households that rent pay about 20.16% of their income on rent here. Lower Northwood's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the neighborhood.


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