The Most Affordable Neighborhoods in Shady Side, MD by Home Value

 

Shady Side, MD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Shady Side area can be challenging. Home prices in Shady Side are now at a median cost of $515,962, higher than the Maryland average of $450,578.

The average cost of rent is $2,510/mo in Shady Side, primarily driven by the current value of real estate in the Shady Side area. In Shady Side, 15.43% of households rent, and 19.57% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Shady Side is $12,336 per month. Households that rent pay about 20.35% of their income on rent here. Shady Side’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.

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


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