Home prices
The price of the median home in Annapolis is $420,500. This is roughly $48,840 (10%) lower in comparison to its nearby areas.It is about $203,000 (93%) higher in comparison to the US as a whole, and compared to the city of Washington it is roughly $181,000 (30%) lower.
Rents
Annapolis's median rent is $1,583 per month. This is roughly $259 (14%) lower compared to other places in this area.In comparison to the country as a whole it is roughly $521 (49%) higher, and is about $42 (2%) higher compared to the city of Washington.
Nearby places
Annapolis Neck
Annapolis Neck is Annapolis's neighbor to the south. Its housing prices are a little more expensive. Annapolis Neck's median home cost is $602,900, which is $182,400 (30%) higher than Annapolis. Rent there is a little more expensive. The median rent in Annapolis Neck is $2,232 per month, which is $649 (29%) higher than Annapolis.
Parole
Parole is Annapolis's neighbor to the northwest. Its housing prices are a bit more expensive. The median home cost in Parole is $454,300, which comes out to $33,800 (7%) higher than Annapolis. Its rents are somewhat more expensive. In Parole the median monthly rent is $1,877, which is $294 (15%) higher than Annapolis.
Edgewater
Edgewater is about 3 miles southwest from Annapolis. Its real estate prices are a little less expensive. The value of the median home in Edgewater is $344,900, which works out to $75,600 (21%) lower than Annapolis. The rent there is somewhat more expensive. The median rent in Edgewater is $1,755 a month, which comes out to $172 (9%) higher than Annapolis.
Riva
Riva is approximately 4 miles southwest of Annapolis. Its real estate prices are somewhat more expensive. The median home in Riva is valued at $484,900, which is $64,400 (13%) higher than Annapolis. Rents there are a little more expensive. Riva's median rent is $1,685 per month, which works out to $102 (6%) higher than Annapolis.
Mayo
Mayo is about 4 miles south of Annapolis. Housing prices there are somewhat more expensive. Mayo's median home value is $459,700, which works out to $39,200 (8%) higher than Annapolis. Its rents are pretty similar. In Mayo the median monthly rent is $1,659, which works out to $76 (4%) higher than Annapolis.
