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These days, finding an affordable place to live in the New Carrollton area can be challenging. Home prices in New Carrollton are now at a median cost of $404,309, lower than the Maryland average of $450,578.
The average cost of rent is $1,962/mo in New Carrollton, primarily driven by the current value of real estate in the New Carrollton area. In New Carrollton, 50.52% of households rent, and 43.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Carrollton is $7,781 per month. Households that rent pay about 25.21% of their income on rent here. New Carrollton’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Riverdale, MD: equally priced homes
- Lanham, MD: higher priced homes
- Landover Hills, MD: less expensive homes
- East Riverdale, MD: less expensive homes
- Seabrook, MD: equally priced homes
- Glenarden, MD: equally priced homes
- Greenbelt, MD: less expensive homes
- Landover, MD: less expensive homes
- Riverdale Park, MD: higher priced homes
- Bladensburg, MD: less expensive homes
Cities with Similar Populations
- White House, TN: less expensive homes
- West Lealman, FL: less expensive homes
- West Park, FL: less expensive homes
- West University Place, TX: higher priced homes
- Weston, WI: less expensive homes
- Westwood, MA: higher priced homes
- White Center, WA: higher priced homes
- White Hall, AR: less expensive homes
- Gaylord, MI: less expensive homes
- West Henrietta, NY: less expensive homes
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