salaryRent is higher than in 89% of U.S. cities. Household incomes are higher than in 86% of U.S. cities. A typical house costs about 3.3 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $107,880 a year. That is $52 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 171 of 200 cities from cheapest to most expensive.
How much do households earn in Jessup?
Share of households by yearly income. 52.8% of households earn $100,000 or more.
Rent by apartment size in Jessup
| Size | Jessup | U.S. average |
|---|---|---|
| 1 bedroom | $1,875 | $1,324 |
| 2 bedrooms | $2,447 | $1,509 |
| 3 bedrooms | $3,011 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Jessup 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 Jessup, so the Maryland figure is shown.
Taxes and bills in Jessup
Life in Jessup
Is it cheaper to rent or buy in Jessup?
Renting is cheaper right now: about $509 a month less.
Owning assumes a typical $462,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $46,200 for the down payment.
Frequently asked questions
What is the average rent in Jessup, MD?
Renting in Jessup costs a median of about $2,697 a month in 2026, including utilities. The Maryland median is $2,010.
How much do I need to make to live in Jessup?
To keep rent under 30% of income, you need about $107,880 a year, or $52 an hour at a full-time job.
Is Jessup cheap or expensive?
Jessup is rated OK: rent takes 23.3% of the typical household income of $138,966. It ranks 171st cheapest of 200 Maryland cities we track.
How much are property taxes in Jessup?
The median homeowner in Jessup pays $4,565 a year in property taxes, about 0.99% of the median home value.
Is Jessup 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 Jessup?
The median home value in Jessup is $462,000, about 3.3 times the typical yearly household income.
9,931 people live in Jessup. Numbers are typical (middle) values.