Housing costs in Fairmount Heights?
A typical home costs
$326,400, which is 3.5% less expensive than the national average of
$338,100 and 15.9% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Fairmount Heights costs
$1,400 per month, which is 2.1% cheaper than the national average of
$1,430 and 15.7% cheaper than the state average of
$1,620.
Can I afford Fairmount Heights?
To live comfortably in Fairmount Heights, Maryland, a minimum annual income of
$62,640 for a family, and
$49,200 for a single person is recommended.
What does A.I. say about Fairmount Heights?
Fairmount Heights, MD is an affordable place to live with a low cost of living compared to nearby areas. Rent prices are relatively low in the area with a one-bedroom apartment averaging around $1100 per month. Groceries are also generally cheaper than other parts of the city and there are plenty of grocery stores in the vicinity. Additionally, utilities like electricity and water tend to be lower than those found in more expensive areas of town, allowing residents to save on their monthly expenses.