Home prices
The median home cost in Edgewater is $344,900. Compared to nearby areas it is roughly $139,560 (28%) lower.In comparison to the United States as a whole it is about $127,400 (58%) higher, and is about $256,600 (42%) lower in comparison to the city of Washington.
Rents
In Edgewater the median rent is $1,755 per month. This is approximately $52 (2%) lower compared to the surrounding areas.In comparison to the rest of the nation it is about $693 (65%) higher, and in comparison to the city of Washington is about $214 (13%) higher.
Nearby places
Riva
Riva is Edgewater's neighbor to the west. Its housing prices are a bit more expensive. The median home in Riva is valued at $484,900, which works out to $140,000 (28%) higher than Edgewater. The rent there is fairly similar. Riva's median rent is $1,685 a month, which works out to $70 (4%) lower than Edgewater.
Annapolis Neck
Annapolis Neck is Edgewater's neighbor to the east. Its real estate prices are a lot more expensive. The median home in Annapolis Neck costs $602,900, which is $258,000 (42%) higher than Edgewater. Rents there are a little more expensive. The median rent in Annapolis Neck is $2,232 a month, which works out to $477 (21%) higher than Edgewater.
Mayo
Mayo is Edgewater's neighbor to the southeast. Housing prices there are a bit more expensive. The median home in Mayo is valued at $459,700, which is $114,800 (24%) higher than Edgewater. Rent there is a little less expensive. In Mayo the median rent is $1,659 a month, which works out to $96 (5%) lower than Edgewater.
Parole
Parole is Edgewater's neighbor to the north. The housing prices there are a bit more expensive. The median home in Parole is valued at $454,300, which works out to $109,400 (24%) higher than Edgewater. The rent there is a bit more expensive. Parole's median monthly rent is $1,877, which comes out to $122 (6%) higher than Edgewater.
Annapolis
Annapolis is roughly 3 miles northeast of Edgewater. Its real estate prices are a bit more expensive. The median home in Annapolis costs $420,500, which is $75,600 (17%) higher than Edgewater. The rent there is a bit less expensive. In Annapolis the median rent is $1,583 per month, which comes out to $172 (10%) lower than Edgewater.
