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Affordable
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These days, finding an affordable place to live in the Overlea area can be challenging. Home prices in Overlea are now at a median cost of $267,020, lower than the Maryland average of $450,578.
The average cost of rent is $1,369/mo in Overlea, primarily driven by the current value of real estate in the Overlea area. In Overlea, 23.73% of households rent, and 30.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Overlea is $7,635 per month. Households that rent pay about 17.93% of their income on rent here. Overlea’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Nottingham, MD: equally priced homes
- Rosedale, MD: equally priced homes
- Rossville, MD: higher priced homes
- Parkville, MD: equally priced homes
- Carney, MD: higher priced homes
- Perry Hall, MD: higher priced homes
- White Marsh, MD: higher priced homes
- Essex, MD: equally priced homes
- Towson, MD: higher priced homes
- Middle River, MD: equally priced homes
Cities with Similar Populations
- Plattsmouth, NE: equally priced homes
- Middletown, MD: higher priced homes
- Middleville, MI: higher priced homes
- Midland, WA: higher priced homes
- Milan, MI: equally priced homes
- Millersville, PA: equally priced homes
- Mitchellville, MD: higher priced homes
- Pennington, NJ: higher priced homes
- Pikeville, NC: less expensive homes
- Middlesboro, KY: less expensive homes
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