States › Maryland › Mayo

Is Mayo, MD expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,49642% higher than U.S. average
💵 Families earn per year (2026)$167,491about $13,958/month · 92% higher than U.S. average
🔑 House price$604,90082% higher than U.S. average

Rent is higher than in 85% of U.S. cities. Household incomes are higher than in 93% of U.S. cities. A typical house costs about 3.6 years of household income. Commutes are long, about 35.1 minutes each way. Most homes (90.8%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $99,840 a year. That is $48 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 161 of 200 cities from cheapest to most expensive.

Mayo
$2,496
Stevensville
$1,863
Edgewater
$2,357
Leisure World
$2,168
Brunswick
$1,281
North Kensington
$3,328
Temple Hills
$1,735

How much do households earn in Mayo?

Under $25k
3.3%
$25k–50k
6.3%
$50k–100k
26.0%
$100k–150k
25.0%
$150k+
36.4%

Share of households by yearly income. 61.4% of households earn $100,000 or more.

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

Taxes and bills in Mayo

🏛️ Property tax$4,563a year · 0.75% of home value · U.S. $3,119
⚡ Electric bill$234a month (typical) · U.S. $156

Life in Mayo

Commute to work35.1 minU.S.: 26.4 min
College degree44%U.S.: 35.7%
Own their home90.8%U.S.: 65.2%
Below poverty line4.6%U.S.: 12.5%
Unemployment4%U.S.: 5.2%

Is it cheaper to rent or buy in Mayo?

Renting is cheaper right now: about $1,701 a month less.

Renting
$2,496
Owning
$4,197

Owning assumes a typical $604,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $60,490 for the down payment.

Frequently asked questions

What is the average rent in Mayo, MD?

Renting in Mayo costs a median of about $2,496 a month in 2026, including utilities. The Maryland median is $2,010.

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

To keep rent under 30% of income, you need about $99,840 a year, or $48 an hour at a full-time job.

Is Mayo cheap or expensive?

Mayo is rated Cheap: rent takes 17.9% of the typical household income of $167,491. It ranks 161st cheapest of 200 Maryland cities we track.

How much are property taxes in Mayo?

The median homeowner in Mayo pays $4,563 a year in property taxes, about 0.75% of the median home value.

Is Mayo 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 Mayo?

The median home value in Mayo is $604,900, about 3.6 times the typical yearly household income.

8,694 people live in Mayo. Numbers are typical (middle) values.