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Affordable
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These days, finding an affordable place to live in the Mays Chapel area can be challenging. Home prices in Mays Chapel are now at a median cost of $555,059, higher than the Maryland average of $450,578.
The average cost of rent is $1,803/mo in Mays Chapel, primarily driven by the current value of real estate in the Mays Chapel area. In Mays Chapel, 18.36% of households rent, and 38.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mays Chapel is $12,516 per month. Households that rent pay about 14.40% of their income on rent here. Mays Chapel’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lutherville-Timonium, MD: equally priced homes
- Lutherville, MD: less expensive homes
- Timonium, MD: equally priced homes
- Cockeysville, MD: equally priced homes
- Towson, MD: less expensive homes
- Stevenson, MD: equally priced homes
- Pikesville, MD: less expensive homes
- Phoenix, MD: higher priced homes
- Parkville, MD: less expensive homes
- Sparks Glencoe, MD: equally priced homes
Cities with Similar Populations
- Willits, CA: less expensive homes
- Banta, CA: higher priced homes
- Bath, PA: less expensive homes
- Baxley, GA: less expensive homes
- Bay Minette, AL: less expensive homes
- Beatrice, NE: less expensive homes
- Bellmawr, NJ: less expensive homes
- Berlin, NJ: less expensive homes
- Bethalto, IL: less expensive homes
- Whitesboro, NY: less expensive homes
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