salaryRent here is among the lowest 10% of all U.S. cities. A typical house costs about 3.7 years of household income. Commutes are long, about 38.7 minutes each way.
How much money do I need?
To rent here comfortably, you should earn about $35,560 a year. That is $17 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 4 of 200 cities from cheapest to most expensive.
How much do households earn in Peppermill Village?
Share of households by yearly income. 28.5% of households earn $100,000 or more.
Rent by apartment size in Peppermill Village
| Size | Peppermill Village | U.S. average |
|---|---|---|
| 1 bedroom | $520 | $1,324 |
| 3 bedrooms | $1,086 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Peppermill Village overall?
Everyday prices in Maryland overall are 5% above the U.S. average (index 105.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Peppermill Village, so the Maryland figure is shown.
Taxes and bills in Peppermill Village
Life in Peppermill Village
Is it cheaper to rent or buy in Peppermill Village?
Renting is cheaper right now: about $1,511 a month less.
Owning assumes a typical $345,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $34,590 for the down payment.
Frequently asked questions
What is the average rent in Peppermill Village, MD?
Renting in Peppermill Village costs a median of about $889 a month in 2026, including utilities. The Maryland median is $2,010.
How much do I need to make to live in Peppermill Village?
To keep rent under 30% of income, you need about $35,560 a year, or $17 an hour at a full-time job.
Is Peppermill Village cheap or expensive?
Peppermill Village is rated Cheap: rent takes 11.5% of the typical household income of $92,411. It ranks 4th cheapest of 200 Maryland cities we track.
How much are property taxes in Peppermill Village?
The median homeowner in Peppermill Village pays $3,452 a year in property taxes, about 1.00% of the median home value.
Is Peppermill Village 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 Peppermill Village?
The median home value in Peppermill Village is $345,900, about 3.7 times the typical yearly household income.
5,238 people live in Peppermill Village. Numbers are typical (middle) values.