States › Maryland › Parole

Is Parole, MD expensive to live in?

OKRent takes 25 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,66152% higher than U.S. average
💵 Families earn per year (2026)$129,809about $10,817/month · 49% higher than U.S. average
🔑 House price$533,50060% higher than U.S. average

Rent is higher than in 89% of U.S. cities. A typical house costs about 4.1 years of household income. Commutes are long, about 30.1 minutes each way. It is a highly educated city: 61.7% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $106,440 a year. That is $51 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 169 of 200 cities from cheapest to most expensive.

Parole
$2,661
$2,003
$1,875
$1,835
$1,884
$1,874

How much do households earn in Parole?

Under $25k
8.3%
$25k–50k
8.1%
$50k–100k
32.4%
$100k–150k
24.3%
$150k+
24.2%

Share of households by yearly income. 48.4% of households earn $100,000 or more.

Rent by apartment size in Parole

SizeParoleU.S. average
1 bedroom$2,333$1,324
2 bedrooms$2,376$1,509
3 bedrooms$2,960$1,698
4 bedrooms$2,916$2,098

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

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

Taxes and bills in Parole

🏛️ Property tax$4,645a year · 0.87% of home value · U.S. $3,119
⚡ Electric bill$151a month (typical) · U.S. $156

Life in Parole

Commute to work30.1 minU.S.: 26.4 min
College degree61.7%U.S.: 35.7%
Own their home64.2%U.S.: 65.2%
Below poverty line5.7%U.S.: 12.5%
Unemployment3%U.S.: 5.2%

Is it cheaper to rent or buy in Parole?

Renting is cheaper right now: about $1,041 a month less.

Renting
$2,661
Owning
$3,702

Owning assumes a typical $533,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $53,350 for the down payment.

Frequently asked questions

What is the average rent in Parole, MD?

Renting in Parole costs a median of about $2,661 a month in 2026, including utilities. The Maryland median is $2,010.

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

To keep rent under 30% of income, you need about $106,440 a year, or $51 an hour at a full-time job.

Is Parole cheap or expensive?

Parole is rated OK: rent takes 24.6% of the typical household income of $129,809. It ranks 169th cheapest of 200 Maryland cities we track.

How much are property taxes in Parole?

The median homeowner in Parole pays $4,645 a year in property taxes, about 0.87% of the median home value.

Is Parole 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 Parole?

The median home value in Parole is $533,500, about 4.1 times the typical yearly household income.

17,229 people live in Parole. Numbers are typical (middle) values.