Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ridgely area can be challenging. Home prices in Ridgely are now at a median cost of $253,979, lower than the Maryland average of $357,815.
The average cost of rent is $1,091/mo in Ridgely, primarily driven by the current value of real estate in the Ridgely area. While nearly 28.57% of residents own their homes outright in Ridgely, 26.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ridgely is $6,264 per month. Households that rent pay about 17.42% of their income on rent here. Ridgely's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Templeville, MD: higher priced homes
- Greensboro, MD: less expensive homes
- Hillsboro, MD: higher priced homes
- Queen Anne, MD: higher priced homes
- Goldsboro, MD: equally priced homes
- Denton, MD: equally priced homes
- Union Corner, MD: less expensive homes
- Ruthsburg, MD: higher priced homes
- Lewistown, MD: higher priced homes
- Hobbs, MD: equally priced homes
Cities with Similar Populations
- Charleston, MS: less expensive homes
- Colfax, WA: less expensive homes
- Courtland, VA: less expensive homes
- Holland, NY: less expensive homes
- Hillsboro, WI: less expensive homes
- Stockholm, NJ: equally priced homes
- Mc Alpin, FL: less expensive homes
- Moodus, CT: higher priced homes
- Mount Penn, PA: less expensive homes
- Old Fort, TN: less expensive homes
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