States › Maryland › Chesapeake Ranch Estates

Is Chesapeake Ranch Estates, MD expensive to live in?

OKRent takes 22 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,05017% higher than U.S. average
💵 Families earn per year (2026)$110,729about $9,227/month · 27% higher than U.S. average
🔑 House price$286,70014% lower than U.S. average

Rent is higher than in 71% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 41 minutes each way. Most homes (92.8%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $82,000 a year. That is $39 an hour at a full-time job.

Is rent cheaper than other Maryland cities?

No. Rent here is more expensive than in most of Maryland. It is number 105 of 200 cities from cheapest to most expensive.

Chesapeake Ranch Estates
$2,050
Cape St. Claire
$2,137
Bryans Road
$2,282
Marlboro Village
$2,400
Edgemere
$1,368
Chevy Chase
$3,500+
Garrison
$1,881

How much do households earn in Chesapeake Ranch Estates?

Under $25k
1.3%
$25k–50k
12.5%
$50k–100k
52.6%
$100k–150k
15.7%
$150k+
16.9%

Share of households by yearly income. 32.6% of households earn $100,000 or more.

How expensive is Chesapeake Ranch Estates overall?

Everyday prices in Maryland overall are 5% above the U.S. average (index 105.0, U.S. = 100).

Housing
121
Goods (food, clothes…)
103
Utilities
111
Other services
102
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Chesapeake Ranch Estates, so the Maryland figure is shown.

Taxes and bills in Chesapeake Ranch Estates

🏛️ Property tax$2,788a year · 0.97% of home value · U.S. $3,119
⚡ Electric bill$212a month (typical) · U.S. $156

Life in Chesapeake Ranch Estates

Commute to work41 minU.S.: 26.4 min
College degree30%U.S.: 35.7%
Own their home92.8%U.S.: 65.2%
Below poverty line4.5%U.S.: 12.5%
Unemployment2.8%U.S.: 5.2%

Is it cheaper to rent or buy in Chesapeake Ranch Estates?

Buying is cheaper month to month: about $61 a month less than renting.

Renting
$2,050
Owning
$1,989

Owning assumes a typical $286,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $28,670 for the down payment.

Frequently asked questions

What is the average rent in Chesapeake Ranch Estates, MD?

Renting in Chesapeake Ranch Estates costs a median of about $2,050 a month in 2026, including utilities. The Maryland median is $2,010.

How much do I need to make to live in Chesapeake Ranch Estates?

To keep rent under 30% of income, you need about $82,000 a year, or $39 an hour at a full-time job.

Is Chesapeake Ranch Estates cheap or expensive?

Chesapeake Ranch Estates is rated OK: rent takes 22.2% of the typical household income of $110,729. It ranks 105th cheapest of 200 Maryland cities we track.

How much are property taxes in Chesapeake Ranch Estates?

The median homeowner in Chesapeake Ranch Estates pays $2,788 a year in property taxes, about 0.97% of the median home value.

Is Chesapeake Ranch Estates 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 Chesapeake Ranch Estates?

The median home value in Chesapeake Ranch Estates is $286,700, about 2.6 times the typical yearly household income.

9,241 people live in Chesapeake Ranch Estates. Numbers are typical (middle) values.