Ranked from ACS 2023 5-Year
Lowest Price-to-Rent Ratios in Maryland
Price-to-rent is the median home value divided by a year of median gross rent, so a ratio of 12 means the house costs about twelve years of rent. Low ratios are where buying is cheapest against the local alternative. It is the one comparison on this site that assumes nothing about mortgage rates, down payment or how long you stay, which is why it travels well between counties. Both figures are Census five-year estimates for the same period, and rent here includes the utilities a tenant pays.
Maryland ranked
| # | County | Price-to-rent | Median home | Median rent |
|---|---|---|---|---|
| 1 | Baltimore city | 14.2 yrs | $219,300 | $1,290 |
| 2 | Somerset County | 14.6 yrs | $164,300 | $938 |
| 3 | Allegany County | 15.8 yrs | $149,200 | $786 |
| 4 | Wicomico County | 16.1 yrs | $238,900 | $1,238 |
| 5 | Baltimore County | 17.6 yrs | $330,000 | $1,566 |
| 6 | Charles County | 17.7 yrs | $402,300 | $1,897 |
| 7 | Anne Arundel County | 18.9 yrs | $450,300 | $1,990 |
| 8 | Cecil County | 19.0 yrs | $311,800 | $1,367 |
| 9 | Prince George's County | 19.1 yrs | $404,300 | $1,761 |
| 10 | St. Mary's County | 19.3 yrs | $390,900 | $1,692 |
| 11 | Harford County | 19.7 yrs | $367,300 | $1,557 |
| 12 | Washington County | 20.9 yrs | $275,900 | $1,100 |
| 13 | Caroline County | 21.2 yrs | $272,400 | $1,070 |
| 14 | Frederick County | 21.4 yrs | $437,700 | $1,706 |
| 15 | Calvert County | 21.6 yrs | $440,200 | $1,701 |
| 16 | Dorchester County | 21.9 yrs | $252,300 | $959 |
| 17 | Kent County | 22.4 yrs | $307,100 | $1,144 |
| 18 | Queen Anne's County | 22.9 yrs | $441,800 | $1,611 |
| 19 | Howard County | 23.6 yrs | $576,700 | $2,038 |
| 20 | Worcester County | 24.6 yrs | $348,100 | $1,180 |
| 21 | Carroll County | 24.7 yrs | $406,400 | $1,370 |
| 22 | Montgomery County | 25.3 yrs | $615,200 | $2,030 |
| 23 | Garrett County | 25.5 yrs | $217,000 | $710 |
| 24 | Talbot County | 26.6 yrs | $398,300 | $1,248 |
Every figure is modelled on the county's own median home with 20% down at 7.03%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Lowest Price-to-Rent Ratios across all 3,133 US counties · Every county in Maryland