Housing costs in Lexington Park?
A typical home costs
$340,700, which is 0.8% more expensive than the national average of
$338,100 and 12.2% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Lexington Park costs
$1,540 per month, which is 4.9% cheaper than the national average of
$1,620 and 3.9% cheaper than the state average of
$1,600.
Can I afford Lexington Park?
To live comfortably in Lexington Park (zip 20653), Maryland, a minimum annual income of
$65,160 for a family, and
$51,200 for a single person is recommended.
What does A.I. say about Lexington Park?
Living in 20653 Lexington Park, MD is moderately affordable. The median home value is around $250,000 and the median rent is $1,400 per month. Property taxes are also relatively low compared to other parts of the country. The cost of groceries and basic goods is on par with the national average, but there are plenty of opportunities for frugal shoppers to save money through discount stores and other outlets. Utility costs are a bit higher than some regions but overall living in Lexington Park is fairly affordable for most people.