Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the University Park area can be challenging. Home prices in University Park are now at a median cost of $542,738, higher than the Maryland average of $357,815.
The average cost of rent is $2,397/mo in University Park, primarily driven by the current value of real estate in the University Park area. While nearly 30.94% of residents own their homes outright in University Park, 15.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in University Park is $13,133 per month. Households that rent pay about 18.25% of their income on rent here. University Park's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Hyattsville, MD: less expensive homes
- Riverdale Park, MD: less expensive homes
- Edmonston, MD: less expensive homes
- Chillum, MD: less expensive homes
- College Park, MD: less expensive homes
- North Brentwood, MD: less expensive homes
- East Riverdale, MD: less expensive homes
- Brentwood, MD: less expensive homes
- Mount Rainier, MD: less expensive homes
- Cottage City, MD: less expensive homes
Cities with Similar Populations
- Steeleville, IL: less expensive homes
- Decaturville, TN: less expensive homes
- Doucette, TX: less expensive homes
- Fryeburg, ME: less expensive homes
- Gresham, SC: less expensive homes
- Le Grand, CA: less expensive homes
- Lee Center, NY: less expensive homes
- Mediapolis, IA: less expensive homes
- New Miami, OH: less expensive homes
- Oak Creek, CO: higher priced homes
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