Cost of Living in St. Mary's County, Maryland

$1,692/mo
Median Monthly Rent
$390,900
Median Home Value
20% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,692/mo
20% above state average
Median Home Value
$390,900
39% above national
Rent-to-Income Ratio
27.0%
% 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 St. Mary's County Compares

Median monthly rent comparison

St. Mary's County$1,692/mo
Maryland Average$1,415/mo
National Median$1,163/mo

Detailed Housing Stats

$1,692/mo
Median Gross Rent
$390,900
Median Home Value
$1,884/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in St. Mary's County, Maryland

St. Mary's affords housing comfortably

St. Mary's County's rent-to-income ratio of 17.7% sits below the national average of 20.0%, with a median household income of $114,580 that towers 53% above the U.S. median. This strong income-to-housing balance makes St. Mary's one of the nation's more affordable mid-Atlantic counties.

Above-average Maryland affordability

St. Mary's 17.7% rent-to-income ratio sits comfortably below Maryland's 18.3% state average, ranking the county among the state's more affordable options. The county's high median income of $114,580 provides significant financial cushion.

Competitive pricing across Southern Maryland

St. Mary's median rent of $1,692 falls between Queen Anne's ($1,611) and Prince George's ($1,761), while matching one of the highest median incomes in the state. Home values at $390,900 offer decent equity potential compared to peer counties.

Favorable income-to-housing math

St. Mary's renters dedicate 17.7% of their $114,580 median income to a $1,692 monthly rent, preserving substantial income for savings and investments. Homeowners allocating $1,884 to monthly mortgage payments commit 19.8% of income to ownership—a healthy ratio for long-term wealth building.

Balance and stability in Southern Maryland

St. Mary's delivers one of Maryland's strongest combinations of high income and below-average affordability ratios, making it ideal for families seeking stability. The county's proximity to federal employers (Naval Air Station Patuxent River) supports solid wage prospects for relocators.

Affordability Calculator

See how your income compares to housing costs in St. Mary's County

$

Rent Burden

17.7%

of gross income

Max Housing (28% Rule)

$2,674

per month

Owner Cost Burden

19.7%

of gross income

The median home in St. Mary's County may be a stretch

Median home value is $390,900. Estimated monthly cost: $3,121 vs. your max of $2,674.

Rent Affordability Guide

Your rent-to-income ratio17.7%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in St. Mary's County, Maryland?
St. Mary's County, Maryland has a median monthly rent of $1,692/mo and a median home value of $390,900. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in St. Mary's County?
The median gross rent in St. Mary's County is $1,692/mo. This is 20% above state average for Maryland.
Is St. Mary's County affordable?
St. Mary's County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does St. Mary's County's rent compare to the state average?
St. Mary's County's median rent of $1,692/mo is 20% above state average of $1,415/mo for Maryland.
What is the median home value in St. Mary's County?
The median home value in St. Mary's County, Maryland is $390,900. This is 39% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.