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Expensive
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These days, finding an affordable place to live in the Park Heights area can be challenging. Home prices in Park Heights are now at a median cost of $186,824, lower than the Baltimore average of $408,559.
The average cost of rent is $1,135/mo in Park Heights, primarily driven by the current value of real estate in the Park Heights area. In Park Heights, 40.57% of households rent, and 40.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Park Heights is $4,707 per month. Households that rent pay about 24.11% of their income on rent here. Park Heights’s most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Pimlico, Baltimore, MD: less expensive homes
- Forest Park, Baltimore, MD: higher priced homes
- Greater Mount Washington, Baltimore, MD: higher priced homes
- Winsor Hills, Baltimore, MD: higher priced homes
- Hampden-Woodberry-Remington, Baltimore, MD: higher priced homes
- Mondawin-Walbrook, Baltimore, MD: equally priced homes
- Howard Park, Gwynn Oak, MD: higher priced homes
- Roland Park-Homewood-Guilford, Baltimore, MD: higher priced homes
- Glen-Fallstaff, Baltimore, MD: higher priced homes
- Cheswolde, Baltimore, MD: higher priced homes
Neighborhoods with Similar Populations
- Garfield Ridge, Chicago, IL: higher priced homes
- Forest Park, Springfield, MA: higher priced homes
- Bridgeport, Chicago, IL: higher priced homes
- Cal Young, Eugene, OR: higher priced homes
- West Englewood, Chicago, IL: less expensive homes
- Howard Beach, Queens, NY: higher priced homes
- North Park San Diego, San Diego, CA: higher priced homes
- Pelican, Cape Coral, FL: higher priced homes
- Parkside, San Francisco, CA: higher priced homes
- Paradise Hills, San Diego, CA: higher priced homes
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