States › Maryland › Lochearn

Is Lochearn, MD expensive to live in?

ExpensiveRent takes 32 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,12521% higher than U.S. average
💵 Families earn per year (2026)$80,571about $6,714/month · 7% lower than U.S. average
🔑 House price$286,00014% lower than U.S. average

Rent is higher than in 74% of U.S. cities. A typical house costs about 3.5 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $85,000 a year. That is $41 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 115 of 200 cities from cheapest to most expensive.

Lochearn
$2,125
Ballenger Creek
$2,213
Elkridge
$2,511
Fairland
$1,899
Carney
$1,944
Ilchester
$2,358
Reisterstown
$1,838

How much do households earn in Lochearn?

Under $25k
7.8%
$25k–50k
23.3%
$50k–100k
36.2%
$100k–150k
14.1%
$150k+
10.4%

Share of households by yearly income. 24.5% of households earn $100,000 or more.

Rent by apartment size in Lochearn

SizeLochearnU.S. average
Studio$1,229$1,338
1 bedroom$1,428$1,324
2 bedrooms$1,525$1,509
3 bedrooms$2,150$1,698
4 bedrooms$2,636$2,098

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

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

Taxes and bills in Lochearn

🏛️ Property tax$2,947a year · 1.03% of home value · U.S. $3,119
⚡ Electric bill$190a month (typical) · U.S. $156

Life in Lochearn

Commute to work29.5 minU.S.: 26.4 min
College degree34.2%U.S.: 35.7%
Own their home64.9%U.S.: 65.2%
Below poverty line9.8%U.S.: 12.5%
Unemployment5.9%U.S.: 5.2%

Is it cheaper to rent or buy in Lochearn?

Buying is cheaper month to month: about $141 a month less than renting.

Renting
$2,125
Owning
$1,984

Owning assumes a typical $286,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $28,600 for the down payment.

Frequently asked questions

What is the average rent in Lochearn, MD?

Renting in Lochearn costs a median of about $2,125 a month in 2026, including utilities. The Maryland median is $2,010.

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

To keep rent under 30% of income, you need about $85,000 a year, or $41 an hour at a full-time job.

Is Lochearn cheap or expensive?

Lochearn is rated Expensive: rent takes 31.6% of the typical household income of $80,571. It ranks 115th cheapest of 200 Maryland cities we track.

How much are property taxes in Lochearn?

The median homeowner in Lochearn pays $2,947 a year in property taxes, about 1.03% of the median home value.

Is Lochearn 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 Lochearn?

The median home value in Lochearn is $286,000, about 3.5 times the typical yearly household income.

27,074 people live in Lochearn. Numbers are typical (middle) values.