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

 

Perry Point, MD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Perry Point area can be challenging. Home prices in Perry Point are now at a median cost of $239,408, lower than the Maryland average of $357,815.

The average cost of rent is $854/mo in Perry Point, primarily driven by the current value of real estate in the Perry Point area. While nearly 24.60% of residents own their homes outright in Perry Point, 52.01% rent.

Housing affordability isn’t just about home prices, though. The average household income in Perry Point is $4,556 per month. Households that rent pay about 18.74% of their income on rent here. Perry Point's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.


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