States › Maryland › Wheaton

Is Wheaton, MD expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,35634% higher than U.S. average
💵 Families earn per year (2026)$120,229about $10,019/month · 38% higher than U.S. average
🔑 House price$501,20051% higher than U.S. average

Rent is higher than in 81% of U.S. cities. A typical house costs about 4.2 years of household income. Commutes are long, about 31.6 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $94,240 a year. That is $45 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 142 of 200 cities from cheapest to most expensive.

Wheaton
$2,356
$2,748
$2,432
$1,807

How much do households earn in Wheaton?

Under $25k
8.1%
$25k–50k
12.8%
$50k–100k
31.0%
$100k–150k
23.0%
$150k+
20.9%

Share of households by yearly income. 43.9% of households earn $100,000 or more.

Rent by apartment size in Wheaton

SizeWheatonU.S. average
Studio$1,848$1,338
1 bedroom$1,726$1,324
2 bedrooms$2,244$1,509
3 bedrooms$2,833$1,698
4 bedrooms$2,888$2,098

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

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

Taxes and bills in Wheaton

🏛️ Property tax$4,254a year · 0.85% of home value · U.S. $3,119
⚡ Electric bill$146a month (typical) · U.S. $156

Life in Wheaton

Commute to work31.6 minU.S.: 26.4 min
College degree38.7%U.S.: 35.7%
Own their home64.6%U.S.: 65.2%
Below poverty line13.1%U.S.: 12.5%
Unemployment6.9%U.S.: 5.2%

Is it cheaper to rent or buy in Wheaton?

Renting is cheaper right now: about $1,122 a month less.

Renting
$2,356
Owning
$3,478

Owning assumes a typical $501,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $50,120 for the down payment.

Frequently asked questions

What is the average rent in Wheaton, MD?

Renting in Wheaton costs a median of about $2,356 a month in 2026, including utilities. The Maryland median is $2,010.

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

To keep rent under 30% of income, you need about $94,240 a year, or $45 an hour at a full-time job.

Is Wheaton cheap or expensive?

Wheaton is rated OK: rent takes 23.5% of the typical household income of $120,229. It ranks 142nd cheapest of 200 Maryland cities we track.

How much are property taxes in Wheaton?

The median homeowner in Wheaton pays $4,254 a year in property taxes, about 0.85% of the median home value.

Is Wheaton 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 Wheaton?

The median home value in Wheaton is $501,200, about 4.2 times the typical yearly household income.

52,926 people live in Wheaton. Numbers are typical (middle) values.