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These days, finding an affordable place to live in the Prince Frederick area can be challenging. Home prices in Prince Frederick are now at a median cost of $460,794, higher than the Maryland average of $450,578.
The average cost of rent is $1,394/mo in Prince Frederick, primarily driven by the current value of real estate in the Prince Frederick area. In Prince Frederick, 20.86% of households rent, and 17.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Prince Frederick is $10,007 per month. Households that rent pay about 13.93% of their income on rent here. Prince Frederick’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dares Beach, MD: equally priced homes
- Port Republic, MD: equally priced homes
- Huntingtown, MD: higher priced homes
- Eagle Harbor, MD: equally priced homes
- Benedict, MD: higher priced homes
- Golden Beach, MD: equally priced homes
- St. Leonard, MD: equally priced homes
- Broomes Island, MD: equally priced homes
- Aquasco, MD: higher priced homes
- Lower Marlboro, MD: higher priced homes
Cities with Similar Populations
- Vashon, WA: higher priced homes
- Chelsea, AL: less expensive homes
- Chesapeake Ranch Estates, MD: less expensive homes
- Chesterland, OH: less expensive homes
- Chestertown, MD: less expensive homes
- Chestnut Ridge, NY: higher priced homes
- Chillicothe, IL: less expensive homes
- Chillicothe, MO: less expensive homes
- Circle Pines, MN: less expensive homes
- Citrus Springs, FL: less expensive homes
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