Home/Maryland/Allegany County

Allegany County Housing Market

Maryland · 24 counties · Ranked #1126 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$149,200

vs national$149,200 vs $281,900 national

Median Gross Rent

$786/mo

vs national$786 vs $1,163 national

Effective Tax Rate

1.08%

vs national+1.08% vs 1.02% national

Median Household Income

$57,393

vs national$57,393 vs $74,755 national

Affordability Ratio

2.6x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

29.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,609

Tax as % of Home Value

1.08%

Monthly Owner Cost

$830

Renter Income

$28,661

Take Action

Property Tax

Lower Your Property Tax

Ownwell can help you appeal your property tax assessment. Average savings: $$241+/year.

Mortgage

Compare Mortgage Rates

See current mortgage rates from multiple lenders. Shop and compare to find your best rate.

Home Search

Browse Homes on Zillow

Search active listings in Allegany County. See photos, prices, and open house dates.

Similar Counties by Home Value

Explore Related Data

Frequently Asked Questions

What is the median home value in Allegany County?

The median home value in Allegany County is $149,200. This is below the national median of $281,900.

How much is rent in Allegany County?

The median gross rent in Allegany County is $786 per month.

What is the property tax rate in Allegany County?

The effective property tax rate in Allegany County is 1.08%. The median annual property tax bill is $1,609.

Is Allegany County affordable?

With a home-value-to-income ratio of 2.6x, Allegany County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.