Cost of Living in Calvert County, Maryland

$1,701/mo
Median Monthly Rent
$440,200
Median Home Value

At a Glance

Median Monthly Rent
$1,701/mo
20% above state average
Median Home Value
$440,200
56% above national
Rent-to-Income Ratio
30.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Calvert County Compares

Median monthly rent comparison

Calvert County$1,701/mo
Maryland Average$1,415/mo
National Median$1,163/mo

Detailed Housing Stats

$1,701/mo
Median Gross Rent
$440,200
Median Home Value
$2,031/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Calvert County ranks #669 of 3,144 counties for affordability (top 21%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Calvert County, Maryland

Calvert's exceptional affordability ratio

Calvert County achieves the best rent-to-income ratio in Maryland at just 15.5%, well below the state average of 18.3% and national benchmarks. The county's strong median household income of $132,059—77% above the national average—combined with moderate rents creates an ideal affordability picture.

Maryland's most balanced market

Calvert County leads Maryland in housing affordability when income is factored in, despite housing costs that include a $1,701 median rent and $440,200 median home value. The county's high earner base makes even premium prices feel accessible.

High-income advantage clear

Calvert's $1,701 rent is higher than nearby Caroline County ($1,070) and Cecil County ($1,367), yet Calvert's 15.5% rent-to-income ratio beats both counties due to significantly higher median income ($132,059 vs. $66,368 and $91,146). Calvert attracts affluent households who can comfortably afford premium housing.

Calvert's premium-income profile

Renters pay $1,701 monthly while homeowners carry $2,031 mortgage payments on homes averaging $440,200 in value—among the highest in the state. Yet with a median household income of $132,059, housing consumes just 15.5% for renters and 18.4% for owners, providing substantial financial cushion.

Calvert for affluent families

Calvert County is ideal for high-income households ($120,000+) seeking excellent schools, waterfront living, and a strong sense of community. The county's exceptional income-to-housing ratio and $440,200 median home value deliver luxury suburban living without the affordability squeeze seen in lower-income areas.

Cost of Living Advisory: Calvert County

Affordability Verdict

Calvert County is affordable for renters, with a median gross rent of $1,701/month representing approximately 15.5% of median household income. The rent burden (GRAPI) stands at 30.0%.

Rent vs. Own

The median rent in Calvert County is $1,701/month, while owner costs run $2,031/month. Renting saves approximately $330/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $68,040/year. For owner costs at the 28% rule, the required income is roughly $87,043/year. With a median household income of $132,059, most households can comfortably afford rent here. Notably, 30.0% of renter households in Calvert County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Maryland, Calvert County is less affordable than Prince George's County by roughly 3% ($1,701/mo vs $1,761/mo).

Affordability Calculator

See how your income compares to housing costs in Calvert County

$

Rent Burden

15.5%

of gross income

Max Housing (28% Rule)

$3,081

per month

Owner Cost Burden

18.5%

of gross income

The median home in Calvert County may be a stretch

Median home value is $440,200. Estimated monthly cost: $3,514 vs. your max of $3,081.

Rent Affordability Guide

Your rent-to-income ratio15.5%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $132,059Needed: $68,040
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $132,059Needed: $87,043
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $132,059Needed: $102,447

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Calvert County, Maryland?
Calvert County, Maryland has a median monthly rent of $1,701/mo and a median home value of $440,200. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Calvert County?
The median gross rent in Calvert County is $1,701/mo. This is 20% above state average for Maryland.
Is Calvert County affordable?
Calvert County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Calvert County's rent compare to the state average?
Calvert County's median rent of $1,701/mo is 20% above state average of $1,415/mo for Maryland.
What is the median home value in Calvert County?
The median home value in Calvert County, Maryland is $440,200. This is 56% above the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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