Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mount Rainier area can be challenging. Home prices in Mount Rainier are now at a median cost of $407,429, higher than the Maryland average of $357,815.
The average cost of rent is $1,580/mo in Mount Rainier, primarily driven by the current value of real estate in the Mount Rainier area. While nearly 25.49% of residents own their homes outright in Mount Rainier, 67.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Rainier is $5,162 per month. Households that rent pay about 30.62% of their income on rent here. Mount Rainier's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Brentwood, MD: equally priced homes
- North Brentwood, MD: less expensive homes
- Cottage City, MD: less expensive homes
- Colmar Manor, MD: less expensive homes
- Chillum, MD: less expensive homes
- Hyattsville, MD: less expensive homes
- Edmonston, MD: equally priced homes
- University Park, MD: higher priced homes
- Riverdale Park, MD: less expensive homes
- Bladensburg, MD: less expensive homes
Cities with Similar Populations
- Harrisburg, IL: less expensive homes
- Sleepy Hollow, NY: higher priced homes
- Skowhegan, ME: less expensive homes
- Skidaway Island, GA: higher priced homes
- Sioux Center, IA: less expensive homes
- Sinton, TX: less expensive homes
- Silver Springs, FL: less expensive homes
- Shiprock, NM: less expensive homes
- Sheridan, AR: less expensive homes
- Shelley, ID: less expensive homes
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