States › Maryland › Fallston

Is Fallston, MD expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,38636% higher than U.S. average
💵 Families earn per year (2026)$166,831about $13,903/month · 92% higher than U.S. average
🔑 House price$562,30069% higher than U.S. average

Rent is higher than in 82% of U.S. cities. Household incomes are higher than in 93% of U.S. cities. A typical house costs about 3.4 years of household income. Commutes are long, about 35.8 minutes each way. Most homes (97.2%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $95,440 a year. That is $46 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 149 of 200 cities from cheapest to most expensive.

Fallston
$2,386
Jessup
$2,697
Burtonsville
$2,720
Marlton
$2,132
Mount Airy
$1,951
Coral Hills
$1,881
Timonium
$1,991

How much do households earn in Fallston?

Under $25k
2.4%
$25k–50k
5.7%
$50k–100k
26.4%
$100k–150k
32.4%
$150k+
30.0%

Share of households by yearly income. 62.4% of households earn $100,000 or more.

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

Taxes and bills in Fallston

🏛️ Property tax$4,616a year · 0.82% of home value · U.S. $3,119
⚡ Electric bill$240a month (typical) · U.S. $156

Life in Fallston

Commute to work35.8 minU.S.: 26.4 min
College degree53.9%U.S.: 35.7%
Own their home97.2%U.S.: 65.2%
Below poverty line4.6%U.S.: 12.5%
Unemployment0.5%U.S.: 5.2%

Is it cheaper to rent or buy in Fallston?

Renting is cheaper right now: about $1,516 a month less.

Renting
$2,386
Owning
$3,902

Owning assumes a typical $562,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $56,230 for the down payment.

Frequently asked questions

What is the average rent in Fallston, MD?

Renting in Fallston costs a median of about $2,386 a month in 2026, including utilities. The Maryland median is $2,010.

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

To keep rent under 30% of income, you need about $95,440 a year, or $46 an hour at a full-time job.

Is Fallston cheap or expensive?

Fallston is rated Cheap: rent takes 17.2% of the typical household income of $166,831. It ranks 149th cheapest of 200 Maryland cities we track.

How much are property taxes in Fallston?

The median homeowner in Fallston pays $4,616 a year in property taxes, about 0.82% of the median home value.

Is Fallston 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 Fallston?

The median home value in Fallston is $562,300, about 3.4 times the typical yearly household income.

10,013 people live in Fallston. Numbers are typical (middle) values.