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These days, finding an affordable place to live in the Taneytown area can be challenging. Home prices in Taneytown are now at a median cost of $372,392, lower than the Maryland average of $450,578.
The average cost of rent is $1,153/mo in Taneytown, primarily driven by the current value of real estate in the Taneytown area. In Taneytown, 21.29% of households rent, and 33.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Taneytown is $7,910 per month. Households that rent pay about 14.58% of their income on rent here. Taneytown’s most expensive areas are in the northwestern 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.
Nearby Cities
- Harney, MD: equally priced homes
- Uniontown, MD: higher priced homes
- Littlestown, PA: less expensive homes
- Keymar, MD: higher priced homes
- Germantown, PA: less expensive homes
- Union Bridge, MD: higher priced homes
- Johnsville, MD: higher priced homes
- Fairplay, PA: higher priced homes
- Greenmount, PA: less expensive homes
- Emmitsburg, MD: equally priced homes
Cities with Similar Populations
- Lincoln Village, OH: less expensive homes
- Leonardtown, MD: higher priced homes
- Lewiston, NY: less expensive homes
- Lexington, NE: less expensive homes
- Liberty, NC: less expensive homes
- Liberty, TX: less expensive homes
- Lighthouse Point, FL: higher priced homes
- Lincoln City, OR: higher priced homes
- Lincoln Park, NJ: higher priced homes
- Lincoln University, PA: higher priced homes
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