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Housing in Maryland

A typical Maryland home is worth roughly $246,000

Typical home value
$246K
IL $298K
Estimate
2-bedroom rent
$1,120
a month, utilities in · HUD
Median tax bill
$5,786
IL $5,298

What kind of housing town is Maryland?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Maryland

Try your own numbers below.

You could afford about
$280,000
Typical Maryland home $246K

That covers a typical Maryland home, with $33K to spare.

The typical home, each month
$1,710
Loan $1,220Tax $410Insurance $70

A two-bedroom rents for about $1,120 a month here, $590 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Illinois typical property tax (2.01% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

93% of Maryland households own their home

Half of Maryland’s homes were built before 1950.

Owners and renters
Own 93%Rent 7%

Illinois: 67% own.

1950
typical home built · IL 1971
$5,786
median property tax bill · IL $5,298

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,120

Renters already here pay a median of $541, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$780
1 bedroom$850
2 bedrooms$1,120
3 bedrooms$1,390
4 bedrooms$1,580
7%
of households rent · IL 33%
13
renter households
$541
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Ogle County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Maryland vs. its neighbors

Maryland is the priciest of 6 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Maryland$246K*—$1,120—$100,469
Leaf River$129K+15.4%$1,350—$85,833
Mount Morris$154K+5.6%$1,150—$49,531
Forreston$168K+5.9%$1,000—$72,061
Ridott$172K*—$1,070—$83,214
Forreston$130K*−8.7%†$1,0400$70,676

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Maryland buyers, sellers and renters are saying.

Town Square →
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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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