Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Timonium area can be challenging. Home prices in Timonium are now at a median cost of $454,328, higher than the Maryland average of $357,815.
The average cost of rent is $1,447/mo in Timonium, primarily driven by the current value of real estate in the Timonium area. While nearly 32.66% of residents own their homes outright in Timonium, 36.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in Timonium is $8,928 per month. Households that rent pay about 16.21% of their income on rent here. Timonium's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Lutherville, MD: less expensive homes
- Mays Chapel, MD: equally priced homes
- Lutherville-Timonium, MD: equally priced homes
- Cockeysville, MD: equally priced homes
- Towson, MD: less expensive homes
- Phoenix, MD: higher priced homes
- Glen Arm, MD: higher priced homes
- Parkville, MD: less expensive homes
- Carney, MD: less expensive homes
- Stevenson, MD: equally priced homes
Cities with Similar Populations
- Kenai, AK: less expensive homes
- Jacinto City, TX: less expensive homes
- Jacksboro, TN: less expensive homes
- Jackson, WI: less expensive homes
- Jamestown, TN: less expensive homes
- Jamesville, NY: less expensive homes
- Jarrell, TX: less expensive homes
- Woodbine, MD: higher priced homes
- Kempner, TX: less expensive homes
- Itasca, IL: less expensive homes
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