The Most Affordable Neighborhoods in Mount Savage, MD by Home Value

 

Mount Savage, MD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mount Savage area can be challenging. Home prices in Mount Savage are now at a median cost of $108,150, lower than the Maryland average of $357,815.

The average cost of rent is $793/mo in Mount Savage, primarily driven by the current value of real estate in the Mount Savage area. While nearly 57.02% of residents own their homes outright in Mount Savage, 18.32% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mount Savage is $4,600 per month. Households that rent pay about 17.23% of their income on rent here. Mount Savage's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.


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