Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ocean City area can be challenging. Home prices in Ocean City are now at a median cost of $281,137, higher than the Florida average of $278,762.
The average cost of rent is $1,129/mo in Ocean City, primarily driven by the current value of real estate in the Ocean City area. While nearly 36.17% of residents own their homes outright in Ocean City, 43.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ocean City is $4,637 per month. Households that rent pay about 24.34% of their income on rent here. Ocean City's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Cinco Bayou, FL: higher priced homes
- Fort Walton Beach, FL: less expensive homes
- Shalimar, FL: higher priced homes
- Wright, FL: less expensive homes
- Lake Lorraine, FL: higher priced homes
- Eglin Afb, FL: equally priced homes
- Hurlburt Field, FL: higher priced homes
- Mary Esther, FL: less expensive homes
- Valparaiso, FL: less expensive homes
- Destin, FL: higher priced homes
Cities with Similar Populations
- North Street, MI: less expensive homes
- Pepper Pike, OH: higher priced homes
- Peotone, IL: less expensive homes
- Peoria Heights, IL: less expensive homes
- Penns Grove, NJ: less expensive homes
- Pen Argyl, PA: less expensive homes
- Pembroke Park, FL: less expensive homes
- Pemberton, NJ: less expensive homes
- Pelion, SC: less expensive homes
- Pelican Rapids, MN: equally priced homes
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