The Most Affordable Neighborhoods in Mardela Springs, MD by Home Value

 

Mardela Springs, MD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mardela Springs area can be challenging. Home prices in Mardela Springs are now at a median cost of $179,094, lower than the Maryland average of $357,815.

The average cost of rent is $1,264/mo in Mardela Springs, primarily driven by the current value of real estate in the Mardela Springs area. While nearly 32.90% of residents own their homes outright in Mardela Springs, 17.50% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mardela Springs is $6,047 per month. Households that rent pay about 20.90% of their income on rent here. Mardela Springs's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.


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