Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mountain Lake Park area can be challenging. Home prices in Mountain Lake Park are now at a median cost of $167,777, lower than the Maryland average of $357,815.
The average cost of rent is $615/mo in Mountain Lake Park, primarily driven by the current value of real estate in the Mountain Lake Park area. While nearly 35.98% of residents own their homes outright in Mountain Lake Park, 28.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mountain Lake Park is $4,191 per month. Households that rent pay about 14.67% of their income on rent here. Mountain Lake Park's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Oakland, MD: higher priced homes
- Loch Lynn Heights, MD: less expensive homes
- Deer Park, MD: less expensive homes
- Hutton, MD: higher priced homes
- Gortner, MD: less expensive homes
- McComas Beach, MD: higher priced homes
- Wilson, MD: higher priced homes
- Shallmar, MD: less expensive homes
- Hopemont, WV: less expensive homes
- Turner Douglass, WV: less expensive homes
Cities with Similar Populations
- Central City, IA: equally priced homes
- Canyonville, OR: higher priced homes
- Muir, CA: higher priced homes
- Pleasant Gap, PA: higher priced homes
- Pine Grove, FL: higher priced homes
- Pelham, NC: less expensive homes
- Parkside, PA: less expensive homes
- Owensville, OH: higher priced homes
- Oneida, WI: equally priced homes
- Rose Bud, AR: less expensive homes
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