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These days, finding an affordable place to live in the Solomons area can be challenging. Home prices in Solomons are now at a median cost of $381,163, lower than the Maryland average of $450,578.
The average cost of rent is $2,615/mo in Solomons, primarily driven by the current value of real estate in the Solomons area. In Solomons, 33.51% of households rent, and 36.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Solomons is $11,704 per month. Households that rent pay about 22.34% of their income on rent here. Solomons’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dowell, MD: higher priced homes
- Lusby, MD: equally priced homes
- Chesapeake Ranch Estates, MD: less expensive homes
- California, MD: equally priced homes
- Patuxent River, MD: higher priced homes
- Cove Point, MD: higher priced homes
- Great Mills, MD: less expensive homes
- White Sands, MD: higher priced homes
- Hollywood, MD: higher priced homes
- Wallville, MD: higher priced homes
Cities with Similar Populations
- Middle Point, OH: less expensive homes
- Owls Head, ME: equally priced homes
- Ottoville, OH: less expensive homes
- Otto, TX: less expensive homes
- Otterville, MO: less expensive homes
- Otis, CO: less expensive homes
- Only, TN: less expensive homes
- Onley, VA: less expensive homes
- Okay, OK: less expensive homes
- Oak Ridge, IL: less expensive homes
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