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These days, finding an affordable place to live in the Princess Anne area can be challenging. Home prices in Princess Anne are now at a median cost of $201,490, lower than the Maryland average of $450,578.
The average cost of rent is $1,157/mo in Princess Anne, primarily driven by the current value of real estate in the Princess Anne area. In Princess Anne, 41.54% of households rent, and 44.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Princess Anne is $5,541 per month. Households that rent pay about 20.88% of their income on rent here. Princess Anne’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Palmetto, MD: equally priced homes
- Westover, MD: less expensive homes
- Mount Vernon, MD: less expensive homes
- Monie, MD: higher priced homes
- Allen, MD: higher priced homes
- Siloam, MD: less expensive homes
- Eden, MD: higher priced homes
- Upper Hill, MD: less expensive homes
- Whitehaven, MD: higher priced homes
- Oakville, MD: higher priced homes
Cities with Similar Populations
- Caseyville, IL: higher priced homes
- Wyoming, MN: higher priced homes
- Wynantskill, NY: higher priced homes
- Camden, TN: less expensive homes
- Worley, NC: higher priced homes
- Camp Pendleton North, CA: higher priced homes
- Woodlake, CA: higher priced homes
- Canton, TX: higher priced homes
- Cape Elizabeth, ME: higher priced homes
- Woodfield, SC: less expensive homes
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