The Most Affordable Neighborhoods in Ocean Pines, MD by Home Value

 

Ocean Pines, MD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ocean Pines area can be challenging. Home prices in Ocean Pines are now at a median cost of $338,069, lower than the Maryland average of $357,815.

The average cost of rent is $1,563/mo in Ocean Pines, primarily driven by the current value of real estate in the Ocean Pines area. While nearly 37.31% of residents own their homes outright in Ocean Pines, 8.89% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ocean Pines is $6,731 per month. Households that rent pay about 23.23% of their income on rent here. Ocean Pines's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.


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