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Affordable
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These days, finding an affordable place to live in the Spring Gap area can be challenging. Home prices in Spring Gap are now at a median cost of $196,185, lower than the Maryland average of $450,578.
The average cost of rent is $698/mo in Spring Gap, primarily driven by the current value of real estate in the Spring Gap area. In Spring Gap, 11.40% of households rent, and 37.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spring Gap is $5,518 per month. Households that rent pay about 12.65% of their income on rent here. Spring Gap’s most expensive areas are in the central 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.
Nearby Cities
- Oldtown, MD: equally priced homes
- Rush, MD: equally priced homes
- Wiley Ford, WV: equally priced homes
- Patterson Creek, WV: higher priced homes
- Cumberland, MD: less expensive homes
- Green Spring, WV: equally priced homes
- Ridgeley, WV: higher priced homes
- Carpendale, WV: less expensive homes
- Flintstone, MD: equally priced homes
- Cresaptown, MD: less expensive homes
Cities with Similar Populations
- Leroy, TX: higher priced homes
- Lowber, PA: less expensive homes
- Louann, AR: less expensive homes
- Lost City, WV: equally priced homes
- Linwood, NY: equally priced homes
- Lindell, NC: less expensive homes
- Lewis, KS: less expensive homes
- Lewis, CO: higher priced homes
- Lester, IA: higher priced homes
- Leroy, WV: less expensive homes
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