States › Maryland › La Plata

Is La Plata, MD expensive to live in?

CheapRent takes 15 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,6406% lower than U.S. average
💵 Families earn per year (2026)$130,723about $10,894/month · 50% higher than U.S. average
🔑 House price$428,40029% higher than U.S. average

Rent is lower than in 51% of U.S. cities. A typical house costs about 3.3 years of household income. Commutes are long, about 39.6 minutes each way. Most homes (80.4%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $65,600 a year. That is $32 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 39 of 200 cities from cheapest to most expensive.

La Plata
$1,640
$1,557

How much do households earn in La Plata?

Under $25k
7.9%
$25k–50k
10.4%
$50k–100k
29.9%
$100k–150k
22.5%
$150k+
26.7%

Share of households by yearly income. 49.3% of households earn $100,000 or more.

Rent by apartment size in La Plata

SizeLa PlataU.S. average
1 bedroom$329$1,324
2 bedrooms$1,794$1,509
3 bedrooms$2,400$1,698
4 bedrooms$3,041$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is La Plata 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 La Plata, so the Maryland figure is shown.

Taxes and bills in La Plata

🏛️ Property tax$4,852a year · 1.13% of home value · U.S. $3,119
⚡ Electric bill$200a month (typical) · U.S. $156

Life in La Plata

Commute to work39.6 minU.S.: 26.4 min
College degree35.4%U.S.: 35.7%
Own their home80.4%U.S.: 65.2%
Below poverty line6.6%U.S.: 12.5%
Unemployment3.4%U.S.: 5.2%

Is it cheaper to rent or buy in La Plata?

Renting is cheaper right now: about $1,333 a month less.

Renting
$1,640
Owning
$2,973

Owning assumes a typical $428,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $42,840 for the down payment.

Frequently asked questions

What is the average rent in La Plata, MD?

Renting in La Plata costs a median of about $1,640 a month in 2026, including utilities. The Maryland median is $2,010.

How much do I need to make to live in La Plata?

To keep rent under 30% of income, you need about $65,600 a year, or $32 an hour at a full-time job.

Is La Plata cheap or expensive?

La Plata is rated Cheap: rent takes 15.1% of the typical household income of $130,723. It ranks 39th cheapest of 200 Maryland cities we track.

How much are property taxes in La Plata?

The median homeowner in La Plata pays $4,852 a year in property taxes, about 1.13% of the median home value.

Is La Plata 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 La Plata?

The median home value in La Plata is $428,400, about 3.3 times the typical yearly household income.

10,683 people live in La Plata. Numbers are typical (middle) values.