Much like its nearby areas, it's somewhat more expensive compared to the United States as a whole. However it is significantly less expensive compared to the city of Washington.
Home prices
The median home in Garrison costs $254,500. It is approximately $6,520 (2%) higher in comparison to other places in this area.In comparison to the rest of the country it is roughly $37,000 (17%) higher, and in comparison to the city of Washington is approximately $347,000 (57%) lower.
Rents
Garrison's median rent is $1,496 a month. It is about $147 (10%) higher compared to nearby areas.In comparison to the rest of the country it is about $434 (40%) higher, and it is roughly $45 (2%) lower compared to the city of Washington.
Nearby places
Owings Mills
Owings Mills is Garrison's neighbor to the west. Real estate prices there are similar. Owings Mills's median home value is $260,700, which works out to $6,200 (2%) higher than Garrison. Rent there is similar. Owings Mills's median monthly rent is $1,551, which works out to $55 (3%) higher than Garrison.
Pikesville
Pikesville is Garrison's neighbor to the east. The real estate prices there are a little more expensive. The median home in Pikesville is valued at $319,900, which comes out to $65,400 (20%) higher than Garrison. Rent there is pretty similar. Pikesville's median rent is $1,435 per month, which works out to $61 (4%) lower than Garrison.
Randallstown
Randallstown is Garrison's neighbor to the southwest. The real estate prices there are similar. Randallstown's median home value is $242,600, which works out to $11,900 (4%) lower than Garrison. Rent there is a bit less expensive. In Randallstown the median rent is $1,221 a month, which works out to $275 (22%) lower than Garrison.
Lochearn
Lochearn is roughly 3 miles south from Garrison. Its real estate prices are a little less expensive. The median home in Lochearn costs $206,600, which works out to $47,900 (23%) lower than Garrison. Its rents are a little less expensive. In Lochearn the median monthly rent is $1,186, which is $310 (26%) lower than Garrison.
Milford Mill
Milford Mill is about 4 miles south of Garrison. Housing prices there are somewhat less expensive. The median home value in Milford Mill is $210,100, which comes out to $44,400 (21%) lower than Garrison. Rent there is somewhat less expensive. Milford Mill's median rent is $1,353 a month, which comes out to $143 (10%) lower than Garrison.
