The Most Affordable Neighborhoods in Savage-Guilford, Laurel, MD by Home Value

 

Savage-Guilford, Laurel, MD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Savage-Guilford area can be challenging. Home prices in Savage-Guilford are now at a median cost of $396,005, lower than the Laurel average of $428,102.

The average cost of rent is $2,133/mo in Savage-Guilford, primarily driven by the current value of real estate in the Savage-Guilford area. In Savage-Guilford, 36.34% of households rent, and 19.38% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Savage-Guilford is $10,591 per month. Households that rent pay about 20.14% of their income on rent here. Savage-Guilford’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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