The Most Affordable Neighborhoods in Tall Timbers, MD by Home Value

 

Tall Timbers, MD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Tall Timbers area can be challenging. Home prices in Tall Timbers are now at a median cost of $371,140, higher than the Maryland average of $357,815.

The average cost of rent is $1,441/mo in Tall Timbers, primarily driven by the current value of real estate in the Tall Timbers area. While nearly 55.25% of residents own their homes outright in Tall Timbers, 25.14% rent.

Housing affordability isn’t just about home prices, though. The average household income in Tall Timbers is $10,826 per month. Households that rent pay about 13.31% of their income on rent here. Tall Timbers's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.


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