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Affordable
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These days, finding an affordable place to live in the Lusby area can be challenging. Home prices in Lusby are now at a median cost of $394,369, lower than the Maryland average of $450,578.
The average cost of rent is $1,916/mo in Lusby, primarily driven by the current value of real estate in the Lusby area. In Lusby, 17.45% of households rent, and 22.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lusby is $9,886 per month. Households that rent pay about 19.38% of their income on rent here. Lusby’s most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Chesapeake Ranch Estates, MD: less expensive homes
- Cove Point, MD: higher priced homes
- Dowell, MD: higher priced homes
- Solomons, MD: equally priced homes
- White Sands, MD: higher priced homes
- Wallville, MD: higher priced homes
- Long Beach, MD: higher priced homes
- Broomes Island, MD: higher priced homes
- St. Leonard, MD: higher priced homes
- Patuxent River, MD: higher priced homes
Cities with Similar Populations
- Fairview, NC: higher priced homes
- Swannanoa, NC: less expensive homes
- Supply, NC: less expensive homes
- Suncook, NH: less expensive homes
- Sumrall, MS: less expensive homes
- Fort Edward, NY: less expensive homes
- Folkston, GA: less expensive homes
- Flossmoor, IL: less expensive homes
- Flagler Beach, FL: higher priced homes
- Firebaugh, CA: less expensive homes
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