States › Maryland › Cheverly

Is Cheverly, MD expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,00714% higher than U.S. average
💵 Families earn per year (2026)$133,232about $11,103/month · 53% higher than U.S. average
🔑 House price$470,70041% higher than U.S. average

Rent is higher than in 69% of U.S. cities. A typical house costs about 3.5 years of household income. Commutes are long, about 30.2 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $80,280 a year. That is $39 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 100 of 200 cities from cheapest to most expensive.

Cheverly
$2,007
Hampstead
$1,377
Thurmont
$975
Spring Ridge
$1,754
District Heights
$1,451
Glenarden
$1,705
Fruitland
$1,669

How much do households earn in Cheverly?

Under $25k
6.2%
$25k–50k
11.9%
$50k–100k
32.3%
$100k–150k
27.7%
$150k+
21.0%

Share of households by yearly income. 48.7% of households earn $100,000 or more.

Rent by apartment size in Cheverly

SizeCheverlyU.S. average
2 bedrooms$1,935$1,509
3 bedrooms$2,487$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Cheverly 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 Cheverly, so the Maryland figure is shown.

Taxes and bills in Cheverly

🏛️ Property tax$6,143a year · 1.31% of home value · U.S. $3,119
⚡ Electric bill$150a month (typical) · U.S. $156

Life in Cheverly

Commute to work30.2 minU.S.: 26.4 min
College degree52.6%U.S.: 35.7%
Own their home72.4%U.S.: 65.2%
Below poverty line6.3%U.S.: 12.5%
Unemployment7.2%U.S.: 5.2%

Is it cheaper to rent or buy in Cheverly?

Renting is cheaper right now: about $1,259 a month less.

Renting
$2,007
Owning
$3,266

Owning assumes a typical $470,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $47,070 for the down payment.

Frequently asked questions

What is the average rent in Cheverly, MD?

Renting in Cheverly costs a median of about $2,007 a month in 2026, including utilities. The Maryland median is $2,010.

How much do I need to make to live in Cheverly?

To keep rent under 30% of income, you need about $80,280 a year, or $39 an hour at a full-time job.

Is Cheverly cheap or expensive?

Cheverly is rated Cheap: rent takes 18.1% of the typical household income of $133,232. It ranks 100th cheapest of 200 Maryland cities we track.

How much are property taxes in Cheverly?

The median homeowner in Cheverly pays $6,143 a year in property taxes, about 1.31% of the median home value.

Is Cheverly 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 Cheverly?

The median home value in Cheverly is $470,700, about 3.5 times the typical yearly household income.

6,096 people live in Cheverly. Numbers are typical (middle) values.