Cost to Own
United States › Rankings › Maryland Counties ranked 24 Data vintage ACS 2023 5-Year

Ranked from ACS 2023 5-Year

Counties Where Renting Costs Far Less Than Owning in Maryland

The widest gaps between median rent and the full monthly cost of owning the median home. A large gap does not automatically mean renting is the better decision, because rent buys no equity and is not fixed for thirty years, but it does show where the market prices ownership at a steep premium.

Where does yours land? Every county in America is somewhere on this scale, including the one you live in.

Maryland ranked

#County Monthly saved by rentingMedian rentMonthly to own
1 Montgomery County $2,633$2,030$4,663
2 Howard County $2,500$2,038$4,538
3 Carroll County $1,826$1,370$3,196
4 Talbot County $1,795$1,248$3,043
5 Queen Anne's County $1,785$1,611$3,396
6 Frederick County $1,744$1,706$3,450
7 Calvert County $1,714$1,701$3,415
8 Worcester County $1,541$1,180$2,721
9 Prince George's County $1,491$1,761$3,252
10 Anne Arundel County $1,488$1,990$3,478
11 St. Mary's County $1,368$1,692$3,060
12 Harford County $1,354$1,557$2,911
13 Kent County $1,336$1,144$2,480
14 Charles County $1,302$1,897$3,199
15 Cecil County $1,157$1,367$2,524
16 Caroline County $1,156$1,070$2,226
17 Washington County $1,142$1,100$2,242
18 Dorchester County $1,128$959$2,087
19 Baltimore County $1,124$1,566$2,690
20 Garrett County $1,100$710$1,810
21 Wicomico County $740$1,238$1,978
22 Baltimore city $655$1,290$1,945
23 Allegany County $573$786$1,359
24 Somerset County $518$938$1,456

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

Counties Where Renting Costs Far Less Than Owning across all 3,133 US counties · Every county in Maryland

Other rankings

All 31 rankings