Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Petersburg area can be challenging. Home prices in Petersburg are now at a median cost of $127,181, lower than the Maryland average of $357,815.
The average cost of rent is $590/mo in Petersburg, primarily driven by the current value of real estate in the Petersburg area. While nearly 47.36% of residents own their homes outright in Petersburg, 30.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Petersburg is $5,874 per month. Households that rent pay about 10.05% of their income on rent here. Petersburg's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Thompsontown, MD: higher priced homes
- Hurlock, MD: higher priced homes
- Williamsburg, MD: higher priced homes
- Secretary, MD: higher priced homes
- Reids Grove, MD: higher priced homes
- Eldorado, MD: higher priced homes
- East New Market, MD: higher priced homes
- Rhodesdale, MD: higher priced homes
- Hynson, MD: equally priced homes
- Linkwood, MD: higher priced homes
Cities with Similar Populations
- Stoneham, CO: higher priced homes
- Springwood, VA: higher priced homes
- St. Augustine, MD: higher priced homes
- St. Charles, SD: less expensive homes
- Staffords Store, TN: less expensive homes
- Stairtown, TX: higher priced homes
- Standard, LA: less expensive homes
- Stennett, IA: less expensive homes
- Stillwell, IN: higher priced homes
- Stone Church, IL: higher priced homes
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