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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 $133,157, lower than the Maryland average of $450,578.
The average cost of rent is $859/mo in Mount Savage, primarily driven by the current value of real estate in the Mount Savage area. In Mount Savage, 20.75% of households rent, and 68.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mount Savage is $4,997 per month. Households that rent pay about 17.19% of their income on rent here. Mount Savage’s most expensive areas are in the southwestern 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
- Wellersburg, PA: higher priced homes
- Clarysville, MD: higher priced homes
- Pleasant Union, PA: higher priced homes
- La Vale, MD: higher priced homes
- Frostburg, MD: higher priced homes
- Finzel, MD: higher priced homes
- Midlothian, MD: higher priced homes
- Pocahontas, PA: higher priced homes
- Carpendale, WV: higher priced homes
- Cumberland, MD: higher priced homes
Cities with Similar Populations
- White Plains, KY: less expensive homes
- Sunfield, MI: higher priced homes
- Thackerville, OK: higher priced homes
- Fairplay, CO: higher priced homes
- Ellington, MO: higher priced homes
- Dorchester, WI: higher priced homes
- Dike, IA: higher priced homes
- Corinth, KY: higher priced homes
- Columbus AFB, MS: higher priced homes
- Colorado City, CO: higher priced homes
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