Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Palmetto area can be challenging. Home prices in Palmetto are now at a median cost of $185,771, lower than the Maryland average of $357,815.
The average cost of rent is $677/mo in Palmetto, primarily driven by the current value of real estate in the Palmetto area. While nearly 14.39% of residents own their homes outright in Palmetto, 52.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palmetto is $3,101 per month. Households that rent pay about 21.82% of their income on rent here. Palmetto's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Princess Anne, MD: less expensive homes
- Siloam, MD: less expensive homes
- Allen, MD: higher priced homes
- Eden, MD: equally priced homes
- Oakville, MD: higher priced homes
- Westover, MD: higher priced homes
- Mount Vernon, MD: less expensive homes
- Fruitland, MD: equally priced homes
- Whitehaven, MD: higher priced homes
- Monie, MD: equally priced homes
Cities with Similar Populations
- Lava, NY: equally priced homes
- Lake View, AR: less expensive homes
- Lamasco, TX: equally priced homes
- Lamoille, NV: higher priced homes
- Lancaster Crossroads, NC: less expensive homes
- Lancaster, TN: equally priced homes
- Landisburg, WV: less expensive homes
- Laneville, WV: less expensive homes
- Lapoint, UT: higher priced homes
- Lake Margrethe, MI: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood