States › Maryland › New Carrollton

Is New Carrollton, MD expensive to live in?

OKRent takes 25 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8143% higher than U.S. average
💵 Families earn per year (2026)$87,907about $7,326/month · 1% higher than U.S. average
🔑 House price$394,90019% higher than U.S. average

Rent is higher than in 58% of U.S. cities. A typical house costs about 4.5 years of household income. Commutes are long, about 36.7 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $72,560 a year. That is $35 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 60 of 200 cities from cheapest to most expensive.

New Carrollton
$1,814
$3,500+

How much do households earn in New Carrollton?

Under $25k
6.5%
$25k–50k
22.3%
$50k–100k
41.7%
$100k–150k
18.1%
$150k+
7.8%

Share of households by yearly income. 26.0% of households earn $100,000 or more.

Rent by apartment size in New Carrollton

SizeNew CarrolltonU.S. average
Studio$1,521$1,338
1 bedroom$1,532$1,324
2 bedrooms$1,882$1,509
3 bedrooms$2,112$1,698
4 bedrooms$2,019$2,098

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

How expensive is New Carrollton 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 New Carrollton, so the Maryland figure is shown.

Taxes and bills in New Carrollton

🏛️ Property tax$5,611a year · 1.42% of home value · U.S. $3,119
⚡ Electric bill$136a month (typical) · U.S. $156

Life in New Carrollton

Commute to work36.7 minU.S.: 26.4 min
College degree24.2%U.S.: 35.7%
Own their home54.1%U.S.: 65.2%
Below poverty line4.9%U.S.: 12.5%
Unemployment6.1%U.S.: 5.2%

Is it cheaper to rent or buy in New Carrollton?

Renting is cheaper right now: about $926 a month less.

Renting
$1,814
Owning
$2,740

Owning assumes a typical $394,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $39,490 for the down payment.

Frequently asked questions

What is the average rent in New Carrollton, MD?

Renting in New Carrollton costs a median of about $1,814 a month in 2026, including utilities. The Maryland median is $2,010.

How much do I need to make to live in New Carrollton?

To keep rent under 30% of income, you need about $72,560 a year, or $35 an hour at a full-time job.

Is New Carrollton cheap or expensive?

New Carrollton is rated OK: rent takes 24.8% of the typical household income of $87,907. It ranks 60th cheapest of 200 Maryland cities we track.

How much are property taxes in New Carrollton?

The median homeowner in New Carrollton pays $5,611 a year in property taxes, about 1.42% of the median home value.

Is New Carrollton 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 New Carrollton?

The median home value in New Carrollton is $394,900, about 4.5 times the typical yearly household income.

13,564 people live in New Carrollton. Numbers are typical (middle) values.