Compare Prince Georges, MD mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Prince Georges.
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August 14, 2025
Below we provide helpful information on the real estate market, home prices and housing affordability in Prince Georges. Understand how much you need to earn to afford a home in Prince Georges, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Prince Georges fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Prince Georges is right for you.
The median home value for Prince Georges, MD is $407,968
Based on current mortgage rates and a 10% down payment, you need to make $85,109 per year to buy the median priced home in Prince Georges
With this income, you could qualify for a $367,171 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Prince Georges is $1,971
The median household income for Prince Georges, MD is $91,499
Based on this income, you can afford a home valued at approximately $438,598
The home price you can afford to buy based on household income in Prince Georges is 108% of the median home value which means housing prices are average. Prince Georges ranks 22 out of 24 counties in Maryland and 2,725 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Prince Georges, MD is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Prince Georges below.
Conforming loan limits for Prince Georges, MD
FHA loan limits for Prince Georges, MD