salaryRent is higher than in 81% of U.S. cities. Household incomes are higher than in 92% of U.S. cities. A typical house costs about 3.2 years of household income. Most homes (76.4%) are owned, so rentals can be hard to find. It is a highly educated city: 62.9% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $94,320 a year. That is $45 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 144 of 200 cities from cheapest to most expensive.
How much do households earn in Ilchester?
Share of households by yearly income. 59.6% of households earn $100,000 or more.
Rent by apartment size in Ilchester
| Size | Ilchester | U.S. average |
|---|---|---|
| Studio | $2,285 | $1,338 |
| 1 bedroom | $1,878 | $1,324 |
| 2 bedrooms | $2,265 | $1,509 |
| 3 bedrooms | $2,323 | $1,698 |
| 4 bedrooms | $2,920 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Ilchester 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 Ilchester, so the Maryland figure is shown.
Taxes and bills in Ilchester
Life in Ilchester
Is it cheaper to rent or buy in Ilchester?
Renting is cheaper right now: about $1,336 a month less.
Owning assumes a typical $532,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $53,240 for the down payment.
Frequently asked questions
What is the average rent in Ilchester, MD?
Renting in Ilchester costs a median of about $2,358 a month in 2026, including utilities. The Maryland median is $2,010.
How much do I need to make to live in Ilchester?
To keep rent under 30% of income, you need about $94,320 a year, or $45 an hour at a full-time job.
Is Ilchester cheap or expensive?
Ilchester is rated Cheap: rent takes 17.2% of the typical household income of $164,043. It ranks 144th cheapest of 200 Maryland cities we track.
How much are property taxes in Ilchester?
The median homeowner in Ilchester pays $6,631 a year in property taxes, about 1.25% of the median home value.
Is Ilchester 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 Ilchester?
The median home value in Ilchester is $532,400, about 3.2 times the typical yearly household income.
28,364 people live in Ilchester. Numbers are typical (middle) values.