salaryWaldorf is the 5th-largest city in Maryland that we track, with 82,943 residents. Rent is higher than in 74% of U.S. cities. A typical house costs about 3.3 years of household income. Commutes are long, about 41.1 minutes each way.
How much money do I need?
To rent here comfortably, you should earn about $85,000 a year. That is $41 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 114 of 200 cities from cheapest to most expensive.
How much do households earn in Waldorf?
Share of households by yearly income. 45.9% of households earn $100,000 or more.
Rent by apartment size in Waldorf
| Size | Waldorf | U.S. average |
|---|---|---|
| Studio | $838 | $1,338 |
| 1 bedroom | $1,786 | $1,324 |
| 2 bedrooms | $2,113 | $1,509 |
| 3 bedrooms | $2,357 | $1,698 |
| 4 bedrooms | $2,423 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Waldorf 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 Waldorf, so the Maryland figure is shown.
Taxes and bills in Waldorf
Life in Waldorf
Is it cheaper to rent or buy in Waldorf?
Renting is cheaper right now: about $703 a month less.
Owning assumes a typical $407,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $40,760 for the down payment.
Frequently asked questions
What is the average rent in Waldorf, MD?
Renting in Waldorf costs a median of about $2,125 a month in 2026, including utilities. The Maryland median is $2,010.
How much do I need to make to live in Waldorf?
To keep rent under 30% of income, you need about $85,000 a year, or $41 an hour at a full-time job.
Is Waldorf cheap or expensive?
Waldorf is rated OK: rent takes 20.4% of the typical household income of $125,202. It ranks 114th cheapest of 200 Maryland cities we track.
How much are property taxes in Waldorf?
The median homeowner in Waldorf pays $3,935 a year in property taxes, about 0.97% of the median home value.
Is Waldorf 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 Waldorf?
The median home value in Waldorf is $407,600, about 3.3 times the typical yearly household income.
82,943 people live in Waldorf. Numbers are typical (middle) values.