Prince George's County

Maryland ยท Pop. 967,201

Ranked #115 of 200 counties

38Crisis

Median Home Price

๐Ÿ 

$380K

3.5% YoY

Median Rent

๐Ÿ”‘

$1,700

Median Income

๐Ÿ’ฐ

$82K

Rent Burden

๐Ÿ“Š

29.5%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

8,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

3,800

Price-to-Income Ratio

โš–๏ธ

4.6x

Homeownership Rate

๐Ÿก

58.0%

How Prince George's County Compares

MetricPrince George's CountyMarylandNational
Home Price$380K$414K$410K
Rent$1,700$1,651$1,500
Income$82K$99K$75K
Rent Burden29.5%33.5%30.0%
Homeownership58.0%68.0%65.0%

Key Takeaways

  • โ€ข Home prices are 7% below the national average.
  • โ€ข Rent is 13% above the national average.
  • โ€ข The county has an estimated housing shortage of 8,000 units.
  • โ€ข 3,800 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 3.5%.