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These days, finding an affordable place to live in the Scotland area can be challenging. Home prices in Scotland are now at a median cost of $335,200, lower than the Maryland average of $357,815.
The average cost of rent is $1,212/mo in Scotland, primarily driven by the current value of real estate in the Scotland area. While nearly 33.04% of residents own their homes outright in Scotland, 20.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Scotland is $8,465 per month. Households that rent pay about 14.32% of their income on rent here. Scotland's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Ridge, MD: equally priced homes
- Scotland Beach, MD: equally priced homes
- Dameron, MD: equally priced homes
- St. Inigoes, MD: equally priced homes
- St. Marys City, MD: less expensive homes
- Piney Point, MD: higher priced homes
- Drayden, MD: higher priced homes
- Harryhogan, VA: higher priced homes
- Tall Timbers, MD: higher priced homes
- Valley Lee, MD: higher priced homes
Cities with Similar Populations
- Champion, NE: less expensive homes
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- Terryville, TX: less expensive homes
- Terry, LA: less expensive homes
- Tarsney Lakes, MO: equally priced homes
- Crescent, SC: higher priced homes
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