Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mayo area can be challenging. Home prices in Mayo are now at a median cost of $497,375, higher than the Maryland average of $357,815.
The average cost of rent is $2,203/mo in Mayo, primarily driven by the current value of real estate in the Mayo area. While nearly 27.93% of residents own their homes outright in Mayo, 14.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mayo is $11,060 per month. Households that rent pay about 19.92% of their income on rent here. Mayo's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Edgewater, MD: equally priced homes
- Annapolis Neck, MD: higher priced homes
- Highland Beach, MD: higher priced homes
- Galesville, MD: higher priced homes
- Shady Side, MD: less expensive homes
- Riva, MD: equally priced homes
- West River, MD: higher priced homes
- Annapolis, MD: higher priced homes
- Parole, MD: equally priced homes
- Harwood, MD: higher priced homes
Cities with Similar Populations
- Belpre, OH: less expensive homes
- Brush Prairie, WA: equally priced homes
- Bristol, IN: less expensive homes
- Bridgeport, TX: less expensive homes
- Brewer, ME: less expensive homes
- Brentwood, MO: less expensive homes
- Boring, OR: equally priced homes
- Big Bear City, CA: less expensive homes
- Benton, IL: less expensive homes
- West Liberty, KY: less expensive homes
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