Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Takoma Park area can be challenging. Home prices in Takoma Park are now at a median cost of $879,966, higher than the Washington average of $468,832.
The average cost of rent is $1,683/mo in Takoma Park, primarily driven by the current value of real estate in the Takoma Park area. While nearly 21.64% of residents own their homes outright in Takoma Park, 15.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in Takoma Park is $13,711 per month. Households that rent pay about 12.27% of their income on rent here. Takoma Park's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- Carroll Manor, Takoma Park, MD: less expensive homes
- Brightwood, Washington, DC: less expensive homes
- Fort Totten-Upper Northeast, Washington, DC: less expensive homes
- Barnaby Woods, Washington, DC: higher priced homes
- New Hampshire Gardens, Takoma Park, MD: less expensive homes
- Forest Glen, Silver Spring, MD: less expensive homes
- Chevy Chase, Washington, DC: higher priced homes
- Petworth, Washington, DC: less expensive homes
- Langley Park, Hyattsville, MD: less expensive homes
- Green Meadows, Chillum, MD: less expensive homes
Neighborhoods with Similar Populations
- Harvard Place-Eastlawn, San Antonio, TX: less expensive homes
- South End, Concord, NH: less expensive homes
- Sonoma Ranch, Helotes, TX: less expensive homes
- Shadow Wood, Coral Springs, FL: less expensive homes
- Settlers Landing, Jacksonville, FL: less expensive homes
- Serra Highlands, South San Francisco, CA: higher priced homes
- Schorsch, Chicago, IL: less expensive homes
- Sardis Woods, Charlotte, NC: less expensive homes
- Sardis Forest, Charlotte, NC: less expensive homes
- San Isidro, Laredo, TX: less expensive homes
All Local Stats
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