States › Maryland › Pikesville

Is Pikesville, MD expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,26029% higher than U.S. average
💵 Families earn per year (2026)$106,195about $8,850/month · 22% higher than U.S. average
🔑 House price$434,50031% higher than U.S. average

Rent is higher than in 78% of U.S. cities. A typical house costs about 4.1 years of household income. It is a highly educated city: 60% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $90,400 a year. That is $43 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 128 of 200 cities from cheapest to most expensive.

Pikesville
$2,260
Salisbury
$1,710
Montgomery Village
$2,435
Pasadena
$3,500+
College Park
$1,711
Chillum
$1,882
Middle River
$1,851

How much do households earn in Pikesville?

Under $25k
13.1%
$25k–50k
12.9%
$50k–100k
27.7%
$100k–150k
19.8%
$150k+
22.3%

Share of households by yearly income. 42.0% of households earn $100,000 or more.

Rent by apartment size in Pikesville

SizePikesvilleU.S. average
1 bedroom$1,389$1,324
2 bedrooms$1,876$1,509
3 bedrooms$2,304$1,698

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

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

Taxes and bills in Pikesville

🏛️ Property tax$4,494a year · 1.03% of home value · U.S. $3,119
⚡ Electric bill$180a month (typical) · U.S. $156

Life in Pikesville

Commute to work24.8 minU.S.: 26.4 min
College degree60%U.S.: 35.7%
Own their home67.2%U.S.: 65.2%
Below poverty line7.8%U.S.: 12.5%
Unemployment4.1%U.S.: 5.2%

Is it cheaper to rent or buy in Pikesville?

Renting is cheaper right now: about $755 a month less.

Renting
$2,260
Owning
$3,015

Owning assumes a typical $434,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $43,450 for the down payment.

Frequently asked questions

What is the average rent in Pikesville, MD?

Renting in Pikesville costs a median of about $2,260 a month in 2026, including utilities. The Maryland median is $2,010.

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

To keep rent under 30% of income, you need about $90,400 a year, or $43 an hour at a full-time job.

Is Pikesville cheap or expensive?

Pikesville is rated OK: rent takes 25.5% of the typical household income of $106,195. It ranks 128th cheapest of 200 Maryland cities we track.

How much are property taxes in Pikesville?

The median homeowner in Pikesville pays $4,494 a year in property taxes, about 1.03% of the median home value.

Is Pikesville 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 Pikesville?

The median home value in Pikesville is $434,500, about 4.1 times the typical yearly household income.

33,524 people live in Pikesville. Numbers are typical (middle) values.