The Most Affordable Neighborhoods in Rabbit Town, MD by Home Value

 

Rabbit Town, MD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Rabbit Town area can be challenging. Home prices in Rabbit Town are now at a median cost of $150,500, lower than the Maryland average of $357,815.

The average cost of rent is $1,286/mo in Rabbit Town, primarily driven by the current value of real estate in the Rabbit Town area. While nearly 48.38% of residents own their homes outright in Rabbit Town, 12.50% rent.

Housing affordability isn’t just about home prices, though. The average household income in Rabbit Town is $4,567 per month. Households that rent pay about 28.16% of their income on rent here. Rabbit Town's most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.


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