The Most Affordable Neighborhoods in Perry Hall, MD by Home Value

 

Perry Hall, MD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Perry Hall area can be challenging. Home prices in Perry Hall are now at a median cost of $377,366, lower than the Maryland average of $450,578.

The average cost of rent is $1,983/mo in Perry Hall, primarily driven by the current value of real estate in the Perry Hall area. In Perry Hall, 20.37% of households rent, and 35.79% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Perry Hall is $10,054 per month. Households that rent pay about 19.72% of their income on rent here. Perry Hall’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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