States › Maryland › Cresaptown

Is Cresaptown, MD expensive to live in?

CheapRent takes 13 cents of every $1 people earn here.
🏠 Rent per month (2026)$81853% lower than U.S. average
💵 Families earn per year (2026)$73,737about $6,145/month · 15% lower than U.S. average
🔑 House price$142,60057% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (93.6%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $32,720 a year. That is $16 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 2 of 200 cities from cheapest to most expensive.

Cresaptown
$818
Hillandale
$3,379
Silver Hill
$1,603
West Ocean City
$1,705
Abingdon
$2,192
Middletown
$1,908
Berlin
$1,148

How much do households earn in Cresaptown?

Under $25k
6.1%
$25k–50k
35.0%
$50k–100k
48.0%
$100k–150k
8.8%
$150k+
2.8%

Share of households by yearly income. 11.6% of households earn $100,000 or more.

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

Taxes and bills in Cresaptown

🏛️ Property tax$1,360a year · 0.95% of home value · U.S. $3,119
⚡ Electric bill$165a month (typical) · U.S. $156

Life in Cresaptown

Commute to work20.7 minU.S.: 26.4 min
College degree5.2%U.S.: 35.7%
Own their home93.6%U.S.: 65.2%
Below poverty line3.3%U.S.: 12.5%
Unemployment0%U.S.: 5.2%

Is it cheaper to rent or buy in Cresaptown?

Renting is cheaper right now: about $171 a month less.

Renting
$818
Owning
$989

Owning assumes a typical $142,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $14,260 for the down payment.

Frequently asked questions

What is the average rent in Cresaptown, MD?

Renting in Cresaptown costs a median of about $818 a month in 2026, including utilities. The Maryland median is $2,010.

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

To keep rent under 30% of income, you need about $32,720 a year, or $16 an hour at a full-time job.

Is Cresaptown cheap or expensive?

Cresaptown is rated Cheap: rent takes 13.3% of the typical household income of $73,737. It ranks 2nd cheapest of 200 Maryland cities we track.

How much are property taxes in Cresaptown?

The median homeowner in Cresaptown pays $1,360 a year in property taxes, about 0.95% of the median home value.

Is Cresaptown 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 Cresaptown?

The median home value in Cresaptown is $142,600, about 1.9 times the typical yearly household income.

5,121 people live in Cresaptown. Numbers are typical (middle) values.