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These days, finding an affordable place to live in the Upper Falls area can be challenging. Home prices in Upper Falls are now at a median cost of $387,500, lower than the Maryland average of $450,578.
The average cost of rent is $1,221/mo in Upper Falls, primarily driven by the current value of real estate in the Upper Falls area. In Upper Falls, 0.00% of households rent, and 30.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Upper Falls is $8,704 per month. Households that rent pay about 14.03% of their income on rent here. Upper Falls’s most expensive areas are in the central 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
- Kingsville, MD: higher priced homes
- Joppatowne, MD: less expensive homes
- Joppa, MD: less expensive homes
- Harewood Park, MD: higher priced homes
- Pleasant Hills, MD: higher priced homes
- White Marsh, MD: higher priced homes
- Perry Hall, MD: equally priced homes
- Edgewood, MD: less expensive homes
- Oliver Beach, MD: equally priced homes
- Hydes, MD: higher priced homes
Cities with Similar Populations
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- Phlox, IN: less expensive homes
- Philomath, IN: less expensive homes
- Pettyview, AR: less expensive homes
- Pettigrew, AR: less expensive homes
- Pershing, OK: less expensive homes
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