The Most Affordable Neighborhoods in Wheaton-Glenmont, Wheaton, MD by Home Value

 

Wheaton-Glenmont, Wheaton, MD Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Wheaton-Glenmont area can be challenging. Home prices in Wheaton-Glenmont are now at a median cost of $545,422, higher than the Wheaton average of $507,724.

The average cost of rent is $2,213/mo in Wheaton-Glenmont, primarily driven by the current value of real estate in the Wheaton-Glenmont area. In Wheaton-Glenmont, 39.33% of households rent, and 28.55% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Wheaton-Glenmont is $10,133 per month. Households that rent pay about 21.84% of their income on rent here. Wheaton-Glenmont’s most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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