Rent is higher than in 71% of U.S. cities. A typical house costs about 3.1 years of household income. Most homes (76.5%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $81,960 a year. That is $39 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 104 of 200 cities from cheapest to most expensive.
How much do households earn in Perry Hall?
Share of households by yearly income. 42.5% of households earn $100,000 or more.
Rent by apartment size in Perry Hall
| Size | Perry Hall | U.S. average |
|---|---|---|
| Studio | $2,226 | $1,338 |
| 1 bedroom | $1,500 | $1,324 |
| 2 bedrooms | $1,757 | $1,509 |
| 3 bedrooms | $2,271 | $1,698 |
| 4 bedrooms | $2,418 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Perry Hall 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 Perry Hall, so the Maryland figure is shown.
Taxes and bills in Perry Hall
Life in Perry Hall
Is it cheaper to rent or buy in Perry Hall?
Renting is cheaper right now: about $377 a month less.
Owning assumes a typical $349,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $34,960 for the down payment.
Frequently asked questions
What is the average rent in Perry Hall, MD?
Renting in Perry Hall costs a median of about $2,049 a month in 2026, including utilities. The Maryland median is $2,010.
How much do I need to make to live in Perry Hall?
To keep rent under 30% of income, you need about $81,960 a year, or $39 an hour at a full-time job.
Is Perry Hall cheap or expensive?
Perry Hall is rated OK: rent takes 21.5% of the typical household income of $114,584. It ranks 104th cheapest of 200 Maryland cities we track.
How much are property taxes in Perry Hall?
The median homeowner in Perry Hall pays $3,833 a year in property taxes, about 1.10% of the median home value.
Is Perry Hall 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 Perry Hall?
The median home value in Perry Hall is $349,600, about 3.1 times the typical yearly household income.
29,105 people live in Perry Hall. Numbers are typical (middle) values.