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Affordable
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These days, finding an affordable place to live in the St. Marys City area can be challenging. Home prices in St. Marys City are now at a median cost of $511,290, higher than the Maryland average of $450,578.
The average cost of rent is $1,586/mo in St. Marys City, primarily driven by the current value of real estate in the St. Marys City area. In St. Marys City, 13.80% of households rent, and 35.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in St. Marys City is $16,407 per month. Households that rent pay about 9.67% of their income on rent here. St. Marys City’s most expensive areas are in the central regions, while the cheapest areas are in the central 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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