Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morrell Park area can be challenging. Home prices in Morrell Park are now at a median cost of $131,038, lower than the Baltimore average of $356,735.
The average cost of rent is $1,097/mo in Morrell Park, primarily driven by the current value of real estate in the Morrell Park area. While nearly 39.14% of residents own their homes outright in Morrell Park, 50.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morrell Park is $4,005 per month. Households that rent pay about 27.38% of their income on rent here. Morrell Park's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Lakeland, Baltimore, MD: equally priced homes
- Beechfielf-Irvington Area, Baltimore, MD: less expensive homes
- Greater Rosemont, Baltimore, MD: less expensive homes
- Washington Village, Baltimore, MD: higher priced homes
- Westgate, Baltimore, MD: higher priced homes
- Cherry Hill, Brooklyn, MD: less expensive homes
- West Baltimore, Baltimore, MD: higher priced homes
- Hunting Ridge, Baltimore, MD: equally priced homes
- Federal Hill-Montgomery, Baltimore, MD: higher priced homes
- Sandtown-Winchester, Baltimore, MD: less expensive homes
Neighborhoods with Similar Populations
- Aurora Hills, Aurora, CO: higher priced homes
- Elliot Park, Minneapolis, MN: higher priced homes
- Bayless Atkins, Lubbock, TX: less expensive homes
- Belmont, Lincoln, NE: equally priced homes
- Blackstone, Providence, RI: higher priced homes
- Brooklyn-Centre, Cleveland, OH: less expensive homes
- Campus Farm, Tucson, AZ: higher priced homes
- Chabot Terrace, Vallejo, CA: higher priced homes
- Circle Cross Ranch, San Tan Valley, AZ: higher priced homes
- College Heights Baker Street, Bakersfield, CA: higher priced homes
All Local Stats
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