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These days, finding an affordable place to live in the Riverside area can be challenging. Home prices in Riverside are now at a median cost of $278,908, lower than the Maryland average of $450,578.
The average cost of rent is $1,875/mo in Riverside, primarily driven by the current value of real estate in the Riverside area. In Riverside, 27.96% of households rent, and 17.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Riverside is $9,522 per month. Households that rent pay about 19.69% of their income on rent here. Riverside’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Belcamp, MD: equally priced homes
- Abingdon, MD: higher priced homes
- Perryman, MD: equally priced homes
- Aberdeen, MD: equally priced homes
- Bel Air South, MD: higher priced homes
- Edgewood, MD: less expensive homes
- Aberdeen Proving Ground, MD: higher priced homes
- Bel Air, MD: higher priced homes
- Churchville, MD: higher priced homes
- Joppa, MD: higher priced homes
Cities with Similar Populations
- Capitan, NM: less expensive homes
- Nashua, IA: less expensive homes
- Southport, IN: less expensive homes
- South Greensburg, PA: less expensive homes
- Seminole, AL: less expensive homes
- River Hills, WI: higher priced homes
- Ottertail, MN: higher priced homes
- Orfordville, WI: less expensive homes
- Oakley, KS: less expensive homes
- Stoneboro, PA: less expensive homes
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