Cost of Living in Garrett County, Maryland

$710/mo
Median Monthly Rent
$217,000
Median Home Value

At a Glance

Median Monthly Rent
$710/mo
50% below state average
Median Home Value
$217,000
23% below national
Rent-to-Income Ratio
23.0%
% 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 Garrett County Compares

Median monthly rent comparison

Garrett County$710/mo
Maryland Average$1,415/mo
National Median$1,163/mo

Detailed Housing Stats

$710/mo
Median Gross Rent
$217,000
Median Home Value
$874/mo
Monthly Owner Cost
23.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Garrett County ranks #396 of 3,144 counties for affordability (top 13%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Garrett County, Maryland

Garrett County: Maryland's affordability champion

Garrett County residents spend just 12.3% of income on rent—dramatically below the national average and the lowest ratio among all Maryland counties profiled here. At $710 monthly, Garrett rents are less than half the national typical rent, making it exceptionally accessible even on the county's modest $69,031 median income.

Unmatched affordability in rural Maryland

Garrett's 12.3% rent-to-income ratio crushes Maryland's state average of 18.3%, delivering the deepest housing affordability cushion in the state. The county's $710 median rent stands 49.8% below Maryland's state average, making Garrett a hidden gem for budget-conscious renters.

West Maryland's budget sanctuary

Garrett County's $710 median rent undercuts even rural Dorchester ($959) by 26%, while its 12.3% ratio beats every other county profiled. This mountain county offers genuine affordability that reflects lower regional demand and a smaller economic footprint than areas closer to Baltimore and D.C.

Housing becomes truly optional burden

Renters pay just $710 monthly while homeowners spend $874—remarkably low costs on the $69,031 median income, consuming only 12-15% of earnings. This leaves 70%+ of household income available for savings, healthcare, education, and other priorities.

Garrett offers unbeatable housing math

If affordability is your primary concern, Garrett County delivers the lowest rent-to-income ratio in Maryland at 12.3%—nearly half the state average. Remote workers and retirees should compare Garrett's 12.3% against Charles County's 18.9% to understand your potential savings in real dollars.

Cost of Living Advisory: Garrett County

Affordability Verdict

Housing in Garrett County is affordable. The median rent is $710/month against a median household income of $69,031, putting rent at 12.3% of income.

Rent vs. Own

At $710/month rent versus $874/month in owner costs, renting is roughly $164/month cheaper — a 19% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $28,400/year. For owner costs at the 28% rule, the required income is roughly $37,457/year. With a median household income of $69,031, most households can comfortably afford rent here. Notably, 23.0% of renter households in Garrett County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Garrett County sits 10% less expensive than Allegany County ($786/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Garrett County

$

Rent Burden

12.3%

of gross income

Max Housing (28% Rule)

$1,611

per month

Owner Cost Burden

15.2%

of gross income

The median home in Garrett County may be a stretch

Median home value is $217,000. Estimated monthly cost: $1,732 vs. your max of $1,611.

Rent Affordability Guide

Your rent-to-income ratio12.3%
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: $69,031Needed: $28,400
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $69,031Needed: $37,457
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $69,031Needed: $50,502

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 Garrett County, Maryland?
Garrett County, Maryland has a median monthly rent of $710/mo and a median home value of $217,000. The affordability rating is Unaffordable, with rent making up approximately 23.0% of median household income.
What is the median rent in Garrett County?
The median gross rent in Garrett County is $710/mo. This is 50% below state average for Maryland.
Is Garrett County affordable?
Garrett County is rated Unaffordable based on rent-to-income ratio of 23.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Garrett County's rent compare to the state average?
Garrett County's median rent of $710/mo is 50% below state average of $1,415/mo for Maryland.
What is the median home value in Garrett County?
The median home value in Garrett County, Maryland is $217,000. This is 23% below 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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