Located along the Chesapeake Bay, Maryland is known for its scenic beauty, colonial heritage, and proximity to Washington DC, and a mix of big cities, quaint coastal towns, and welcoming suburbs. If you currently live in Maryland or are considering moving to the state, you most likely have a budget when it comes to renting or buying a home. As of July, Maryland Median Home Sales It’s $446,800.
Don’t worry if this number is outside your budget. We have a variety of options to help you find your home. Redfin has compiled a list of the 6 most affordable places to live in Maryland. Their median home sales are lower than the state average. from baltimore arrive waldorfto find out which cities are in the top 6.
#1: Baltimore
Median house price: $217,000
Average sales price per square foot: $167
Average rent for a one-bedroom apartment: $1,349
Median household income: $52,164
Baltimore, MD Homes for Sale
Baltimore, MD Apartments for Rent
With a median home sale price of $217,000, Baltimore ranks No. 1 on our list of the most affordable places to live in Maryland. Approximately 585,700 residents live in the city. If you’re considering moving to Baltimore, be sure to take a guided tour of Fort McHenry and visit Waters Art Museum,explore national aquariumhike in Patapsco Valley State Park, or take a boat trip in the Inner Harbor.
#2: Dundalk
Median house price: $233,500
Average sales price per square foot: $187
Average rent for a one-bedroom apartment: $1,087
Median household income: $55,489
Nearest major subway: Baltimore (9 miles)
Dundalk, MD Homes for Sale
Apartments for Rent in Dundalk, MD
Second on our list of affordable cities to live in Maryland is Dundalk, located just 9 miles east of Baltimore. Living in this city of 67,800 people, you can enjoy the picturesque views at one of the waterfront parks or dine at one of the many local restaurants.
#3: Glen Burnie
Median house price: $389,900
Average sales price per square foot: $254
Average rent for a one-bedroom apartment: $1,522
Median household income: $55,489
Nearest major subway: Baltimore (10 miles)
Glen Burnie, MD Homes for Sale
Apartments for Rent in Glen Burnie, MD
Glen Burnie is only slightly more expensive than Bel Air South. With a population approaching 72,900, there is still much to do Glenn Burney For example, visit a park in town or go shopping. It’s also a great city to live in if you travel frequently, as it’s close to Baltimore/Washington Thurgood Marshall International Airport.
#4: Germantown
Median house price: $395,000
Average sales price per square foot: $266
Average rent for a one-bedroom apartment: $1,733
Median household income: $109,268
Nearest major subway: Washington, DC (27 miles)
Germantown, MD Homes for Sale
Germantown, MD Apartments for Rent
Located just north of Washington, D.C., it is a popular area of Germantown. With a median home sales price of $395,000, the area is an affordable and livable city. Germantown is surrounded by plenty of green space, such as Black Hill Regional Park, Hoyles Mill Conservation Park, and Seneca Creek State Park. You’ll also find many parks and trails around town, such as Gunners Lake Trailhead and Great Seneca Park 355.
#5: Belair South
Median house price: $407,460
Average sales price per square foot: $202
Median household income: $100,824
Nearest major subway: Baltimore (30 miles)
Bel Air South Homes for Sale in Bel Air, MD
Apartments for Rent in Bel Air South, MD
Next is Bel Air South, a city with approximately 57,600 residents. The median home sale price is $407,460, about $40,000 less than the Maryland median home sale price. If you find yourself moving to the fifth cheapest place, be sure to visit Harford Glen Park or Winters Run Conservation Area, or check out the nearby Liriodendron Mansion.
#6: Waldorf Astoria
Median house price: $408,000
Average sales price per square foot: $215
Average rent for a one-bedroom apartment: $1,950
Median household income: $55,489
Nearest major subway: Alexandria, VA (22 miles)
Waldorf, MD Homes for Sale
Apartments for Rent in Waldorf, MD
The final area on our list of affordable places to live in Maryland is Waldorf. With a city of 81,400 residents, moving to this affordable city means you don’t have to live in a metropolitan area to enjoy the conveniences of city life. While staying in Waldorf, you can explore the trails in nearby Cedarville State Forest or enjoy a meal at a local restaurant.
method: According to the U.S. Census, all cities must have more than 50,000 residents and have a median home sales price below the average median home sales price in Maryland. Median home sales and median sales price per square foot Red Fin Information Center Average rent data for the period July 2024 rental network August 2023. U.S. Census Bureau.