salaryRent here is among the highest 10% in the country. Household incomes are higher than in 87% of U.S. cities. A typical house costs about 4.4 years of household income. Most homes (83%) are owned, so rentals can be hard to find. It is a highly educated city: 57.2% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $140,040 a year. That is $67 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 192 of 200 cities from cheapest to most expensive.
How much do households earn in Colesville?
Share of households by yearly income. 51.8% of households earn $100,000 or more.
Rent by apartment size in Colesville
| Size | Colesville | U.S. average |
|---|---|---|
| Studio | $1,517 | $1,338 |
| 1 bedroom | $1,798 | $1,324 |
| 2 bedrooms | $1,790 | $1,509 |
| 3 bedrooms | $3,325 | $1,698 |
| 4 bedrooms | $3,500+ | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Colesville 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 Colesville, so the Maryland figure is shown.
Taxes and bills in Colesville
Life in Colesville
Is it cheaper to rent or buy in Colesville?
Renting is cheaper right now: about $779 a month less.
Owning assumes a typical $616,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $61,680 for the down payment.
Frequently asked questions
What is the average rent in Colesville, MD?
Renting in Colesville costs a median of about $3,500+ a month in 2026, including utilities. The Maryland median is $2,010.
How much do I need to make to live in Colesville?
To keep rent under 30% of income, you need about $140,040 a year, or $67 an hour at a full-time job.
Is Colesville cheap or expensive?
Colesville is rated OK: rent takes 29.8% of the typical household income of $140,941. It ranks 192nd cheapest of 200 Maryland cities we track.
How much are property taxes in Colesville?
The median homeowner in Colesville pays $4,890 a year in property taxes, about 0.79% of the median home value.
Is Colesville 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 Colesville?
The median home value in Colesville is $616,800, about 4.4 times the typical yearly household income.
14,519 people live in Colesville. Numbers are typical (middle) values.