Rent is higher than in 66% of U.S. cities. A typical house costs about 3.5 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $77,760 a year. That is $37 an hour at a full-time job.
Is rent cheaper than other Maryland cities?
Yes. Rent here is cheaper than in most of Maryland. It is number 89 of 200 cities from cheapest to most expensive.
How much do households earn in Carney?
Share of households by yearly income. 30.1% of households earn $100,000 or more.
Rent by apartment size in Carney
| Size | Carney | U.S. average |
|---|---|---|
| Studio | $1,532 | $1,338 |
| 1 bedroom | $1,526 | $1,324 |
| 2 bedrooms | $2,042 | $1,509 |
| 3 bedrooms | $1,999 | $1,698 |
| 4 bedrooms | $2,007 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Carney overall?
Everyday prices in Maryland overall are 5% above the U.S. average (index 105.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Carney, so the Maryland figure is shown.
Taxes and bills in Carney
Life in Carney
Is it cheaper to rent or buy in Carney?
Renting is cheaper right now: about $274 a month less.
Owning assumes a typical $319,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $31,970 for the down payment.
Frequently asked questions
What is the average rent in Carney, MD?
Renting in Carney costs a median of about $1,944 a month in 2026, including utilities. The Maryland median is $2,010.
How much do I need to make to live in Carney?
To keep rent under 30% of income, you need about $77,760 a year, or $37 an hour at a full-time job.
Is Carney cheap or expensive?
Carney is rated OK: rent takes 25.9% of the typical household income of $90,184. It ranks 89th cheapest of 200 Maryland cities we track.
How much are property taxes in Carney?
The median homeowner in Carney pays $3,689 a year in property taxes, about 1.15% of the median home value.
Is Carney more expensive than the national average?
Overall prices in Maryland are 5% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Carney?
The median home value in Carney is $319,700, about 3.5 times the typical yearly household income.
28,343 people live in Carney. Numbers are typical (middle) values.