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Prince George's County Housing Market

Maryland · 24 counties · Ranked #2922 in home value

Above National Avg

Housing at a Glance

Median Home Value

$404,300

vs national+$404,300 vs $281,900 national

Median Gross Rent

$1,761/mo

vs national+$1,761 vs $1,163 national

Effective Tax Rate

1.15%

vs national+1.15% vs 1.02% national

Median Household Income

$100,708

vs national+$100,708 vs $74,755 national

Affordability Ratio

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

Rent Burden

31.0%

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

More Housing Data

Property Tax (Median)

$4,662

Tax as % of Home Value

1.15%

Monthly Owner Cost

$2,160

Renter Income

$66,378

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Frequently Asked Questions

What is the median home value in Prince George's County?

The median home value in Prince George's County is $404,300. This is above the national median of $281,900.

How much is rent in Prince George's County?

The median gross rent in Prince George's County is $1,761 per month.

What is the property tax rate in Prince George's County?

The effective property tax rate in Prince George's County is 1.15%. The median annual property tax bill is $4,662.

Is Prince George's County affordable?

With a home-value-to-income ratio of 4x, Prince George's County is moderately 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.