Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the South Laurel area can be challenging. Home prices in South Laurel are now at a median cost of $331,099, lower than the Maryland average of $357,815.
The average cost of rent is $1,668/mo in South Laurel, primarily driven by the current value of real estate in the South Laurel area. While nearly 25.11% of residents own their homes outright in South Laurel, 55.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in South Laurel is $6,350 per month. Households that rent pay about 26.26% of their income on rent here. South Laurel's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Laurel, MD: equally priced homes
- Maryland City, MD: equally priced homes
- Beltsville, MD: equally priced homes
- Scaggsville, MD: higher priced homes
- Burtonsville, MD: higher priced homes
- Greenbelt, MD: less expensive homes
- Savage, MD: equally priced homes
- Annapolis Junction, MD: higher priced homes
- Patuxent, MD: higher priced homes
- Calverton, MD: equally priced homes
Cities with Similar Populations
- Mason City, IA: less expensive homes
- Hastings, MN: equally priced homes
- Hatillo, PR: less expensive homes
- Homewood, AL: higher priced homes
- Horn Lake, MS: less expensive homes
- Hudson, WI: equally priced homes
- Jeffersontown, KY: less expensive homes
- Kihei, HI: higher priced homes
- Lapeer, MI: less expensive homes
- Haslet, TX: equally priced homes
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