Housing costs in Owings?
A typical home costs
$561,000, which is 65.9% more expensive than the national average of
$338,100 and 44.6% more expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Owings costs
$1,520 per month, which is 6.2% cheaper than the national average of
$1,620 and 19.7% cheaper than the state average of
$1,820.
Can I afford Owings?
To live comfortably in Owings (zip 20736), Maryland, a minimum annual income of
$107,640 for a family, and
$53,200 for a single person is recommended.
What does A.I. say about Owings?
Living in 20736 Owings, MD, comes with a relatively high cost of living. The median home price is around $310,000 compared to the national average of $200,000, and the median rent for a one-bedroom apartment is around $1050 per month. Groceries and other household expenses also tend to be higher than average due to the area's close proximity to Washington DC. However, with its excellent schools and low crime rates, Owings is an attractive option for those who are willing to pay extra for the peace of mind that comes with living in a safe environment.