Expensive
Affordable
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These days, finding an affordable place to live in the Ridge area can be challenging. Home prices in Ridge are now at a median cost of $414,437, lower than the Maryland average of $450,578.
The average cost of rent is $1,638/mo in Ridge, primarily driven by the current value of real estate in the Ridge area. In Ridge, 28.91% of households rent, and 52.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ridge is $8,353 per month. Households that rent pay about 19.61% of their income on rent here. Ridge’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dameron, MD: higher priced homes
- Scotland, MD: higher priced homes
- St. Inigoes, MD: equally priced homes
- Scotland Beach, MD: higher priced homes
- St. Marys City, MD: higher priced homes
- Piney Point, MD: higher priced homes
- Drayden, MD: higher priced homes
- Park Hall, MD: equally priced homes
- Valley Lee, MD: higher priced homes
- Tall Timbers, MD: equally priced homes
Cities with Similar Populations
- Redding, IA: less expensive homes
- Medoc, MO: less expensive homes
- Meekers Grove, WI: less expensive homes
- Mekoryuk, AK: less expensive homes
- Menard, IL: less expensive homes
- Michigan Bluff, CA: higher priced homes
- Middle Run, WV: less expensive homes
- Middletown, NC: less expensive homes
- Midkiff, WV: less expensive homes
- Mill City, NV: less expensive homes
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