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Affordable
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These days, finding an affordable place to live in the Port Deposit area can be challenging. Home prices in Port Deposit are now at a median cost of $294,669, lower than the Maryland average of $450,578.
The average cost of rent is $1,424/mo in Port Deposit, primarily driven by the current value of real estate in the Port Deposit area. In Port Deposit, 11.15% of households rent, and 36.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Port Deposit is $7,798 per month. Households that rent pay about 18.26% of their income on rent here. Port Deposit’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
- Catawba, NC: equally priced homes
- Wrightstown, NJ: equally priced homes
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- Chandler, IN: less expensive homes
- Yarmouth Port, MA: higher priced homes
- Centerburg, OH: equally priced homes
- Cazenovia, NY: equally priced homes
- Cave Springs, AR: higher priced homes
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