Washington-Arlington-Alexandria, MD vs Calvert County, MD
A 2-bedroom in Calvert County costs $163 less per month than Washington-Arlington-Alexandria ($2,083 vs $2,246). Median income is $123,896 in Washington-Arlington-Alexandria and $132,059 in Calvert County. That's a difference of $1,956 per year in housing costs.
Side-by-Side Comparison
| Metric | Washington-Arlington-Alexandria | Calvert County |
|---|---|---|
| Studio FMR | $1,953 | $1,811 |
| 1BR FMR | $2,015 | $1,851 |
| 2BR FMR | $2,246 | $2,083 |
| 3BR FMR | $2,835 | $2,639 |
| 4BR FMR | $3,332 | $3,106 |
| Median Income | $123,896 | $132,059 |
| Rent Burden | 21.8% | 18.9% |
| Actual Median Rent | $1,975 | $1,701 |
| Median Home Value | $553,000 | $440,200 |
| Population | 6.3M | 94K |
| Renter % | 36.5% | 12.8% |
| Vacancy Rate | 5.4% | 6.9% |
| Poverty Rate | 7.9% | 4% |
| Unemployment | - | 3% |
| YoY Change | +9.8% | - |
| Min Wage | $15.00/hr | $15.00/hr |
Income Required to Afford a 2-Bedroom
Frequently Asked Questions
Calvert County, MD is more affordable with a 2BR FMR of $2,083/mo, which is $163 less than Washington-Arlington-Alexandria at $2,246/mo. However, when considering local incomes, Washington-Arlington-Alexandria has a rent burden of 21.8% vs 18.9% in Calvert County.
A 2-bedroom in Washington-Arlington-Alexandria, MD costs $2,246/mo at Fair Market Rent, while in Calvert County, MD it's $2,083/mo, a difference of $163/mo or $1,956/year.
To afford a 2BR without spending more than 30% of income on rent: Washington-Arlington-Alexandria requires $89,840/year ($43/hr). Calvert County requires $83,320/year ($40/hr).