Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Potomac area can be challenging. Home prices in Potomac are now at a median cost of $1,024,718, higher than the Maryland average of $357,815.
The average cost of rent is $2,578/mo in Potomac, primarily driven by the current value of real estate in the Potomac area. While nearly 34.90% of residents own their homes outright in Potomac, 11.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Potomac is $17,452 per month. Households that rent pay about 14.77% of their income on rent here. Potomac's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- North Bethesda, MD: less expensive homes
- Travilah, MD: higher priced homes
- Rockville, MD: less expensive homes
- Cabin John, MD: equally priced homes
- Garrett Park, MD: less expensive homes
- Glen Echo, MD: equally priced homes
- Bethesda, MD: equally priced homes
- Kensington, MD: less expensive homes
- Chevy Chase View, MD: equally priced homes
- South Kensington, MD: less expensive homes
Cities with Similar Populations
- Asheboro, NC: less expensive homes
- Winter Park, FL: less expensive homes
- Winter Garden, FL: less expensive homes
- West Sacramento, CA: less expensive homes
- West Chester, OH: less expensive homes
- Webster, NY: less expensive homes
- Vero Beach, FL: less expensive homes
- Union, NJ: less expensive homes
- Tooele, UT: less expensive homes
- Sterling, VA: less expensive homes
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