States › Maryland › Thurmont

Is Thurmont, MD expensive to live in?

CheapRent takes 11 cents of every $1 people earn here.
🏠 Rent per month (2026)$97544% lower than U.S. average
💵 Families earn per year (2026)$105,828about $8,819/month · 22% higher than U.S. average
🔑 House price$364,70010% higher than U.S. average

Rent is lower than in 89% of U.S. cities. A typical house costs about 3.4 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $39,000 a year. That is $19 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 6 of 200 cities from cheapest to most expensive.

Thurmont
$975
Hampstead
$1,377
Glenarden
$1,705
Walkersville
$1,558
Cheverly
$2,007
Chesapeake Beach
$1,848
Fountainhead-Orchard Hills
$1,312

How much do households earn in Thurmont?

Under $25k
13.4%
$25k–50k
9.0%
$50k–100k
40.3%
$100k–150k
19.4%
$150k+
14.7%

Share of households by yearly income. 34.2% of households earn $100,000 or more.

Rent by apartment size in Thurmont

SizeThurmontU.S. average
1 bedroom$552$1,324
2 bedrooms$979$1,509
3 bedrooms$1,184$1,698

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

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

Taxes and bills in Thurmont

🏛️ Property tax$3,525a year · 0.97% of home value · U.S. $3,119
⚡ Electric bill$119a month (typical) · U.S. $156

Life in Thurmont

Commute to work28.5 minU.S.: 26.4 min
College degree27%U.S.: 35.7%
Own their home73.3%U.S.: 65.2%
Below poverty line11.1%U.S.: 12.5%
Unemployment2.5%U.S.: 5.2%

Is it cheaper to rent or buy in Thurmont?

Renting is cheaper right now: about $1,556 a month less.

Renting
$975
Owning
$2,531

Owning assumes a typical $364,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $36,470 for the down payment.

Frequently asked questions

What is the average rent in Thurmont, MD?

Renting in Thurmont costs a median of about $975 a month in 2026, including utilities. The Maryland median is $2,010.

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

To keep rent under 30% of income, you need about $39,000 a year, or $19 an hour at a full-time job.

Is Thurmont cheap or expensive?

Thurmont is rated Cheap: rent takes 11.1% of the typical household income of $105,828. It ranks 6th cheapest of 200 Maryland cities we track.

How much are property taxes in Thurmont?

The median homeowner in Thurmont pays $3,525 a year in property taxes, about 0.97% of the median home value.

Is Thurmont 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 Thurmont?

The median home value in Thurmont is $364,700, about 3.4 times the typical yearly household income.

6,254 people live in Thurmont. Numbers are typical (middle) values.