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These days, finding an affordable place to live in the Midland area can be challenging. Home prices in Midland are now at a median cost of $149,690, lower than the Maryland average of $450,578.
The average cost of rent is $714/mo in Midland, primarily driven by the current value of real estate in the Midland area. In Midland, 26.73% of households rent, and 45.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Midland is $5,485 per month. Households that rent pay about 13.02% of their income on rent here. Midland’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Woodland, MD: higher priced homes
- Lonaconing, MD: equally priced homes
- Carlos, MD: higher priced homes
- Nikep, MD: less expensive homes
- Frostburg, MD: higher priced homes
- Bier, MD: higher priced homes
- Barton, MD: less expensive homes
- Midlothian, MD: higher priced homes
- Moscow, MD: higher priced homes
- Dogwood Flats, MD: less expensive homes
Cities with Similar Populations
- Fort Myer, VA: higher priced homes
- Irasburg, VT: higher priced homes
- Howlandsburg, MI: higher priced homes
- Howard, CO: higher priced homes
- Hillsboro, IN: equally priced homes
- Heidrick, KY: equally priced homes
- Heather Glen, CA: higher priced homes
- Hastings, IN: higher priced homes
- Hartland, IL: higher priced homes
- Hartford, AR: less expensive homes
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