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These days, finding an affordable place to live in the Westminster area can be challenging. Home prices in Westminster are now at a median cost of $407,119, lower than the Maryland average of $450,578.
The average cost of rent is $1,543/mo in Westminster, primarily driven by the current value of real estate in the Westminster area. In Westminster, 22.45% of households rent, and 25.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Westminster is $9,528 per month. Households that rent pay about 16.19% of their income on rent here. Westminster’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Uniontown, MD: higher priced homes
- New Windsor, MD: higher priced homes
- Finksburg, MD: higher priced homes
- Hampstead, MD: equally priced homes
- Melrose, MD: higher priced homes
- Manchester, MD: equally priced homes
- Union Bridge, MD: equally priced homes
- Upperco, MD: higher priced homes
- Taneytown, MD: equally priced homes
- Johnsville, MD: higher priced homes
Cities with Similar Populations
- Shoreline, WA: higher priced homes
- La Crosse, WI: less expensive homes
- La Jolla, CA: higher priced homes
- Lansdale, PA: equally priced homes
- Massillon, OH: less expensive homes
- Medford, MA: higher priced homes
- Perth Amboy, NJ: less expensive homes
- Pinellas Park, FL: less expensive homes
- Sammamish, WA: higher priced homes
- Annandale, VA: higher priced homes
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