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City · 26,283 residents · Howard County, Maryland

Elkridge , Maryland

In Elkridge, a typical home is worth $454,200 and typical rent is $2,295 a month. Compared with all of Howard County, the typical home value is 24% lower, typical rent is 9% higher, and the share of households that own their home is 9 points lower.

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  • Typical home value

    $454,200

    24% below the county

    8% above Maryland

    • Elkridge
    • Howard
    • Maryland

  • Typical rent

    $2,295a month

    9% above the county

    35% above Maryland

    • Elkridge
    • Howard
    • Maryland

  • Typical household income

    $139,913a year

    7% below the county

    35% above Maryland

    • Elkridge
    • Howard
    • Maryland

  • Households that own their home

    62%

    9 points below the county

    5 points below Maryland

    • Elkridge
    • Howard
    • Maryland

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$477,632
0.8% less than 12 months ago
Typical rent
$2,379 a month
5% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Elkridge is in Howard County. The FHA loan limit ($747,500 for a one-unit home), the fair market rents and the help on this page are those of all of Howard County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Elkridge apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Arbutus, the typical rent is $1,318: 43% less than in Elkridge ($2,295).

  2. Nearby, in Arbutus, the typical home value is $322,600: 29% less than in Elkridge ($454,200).

  3. The typical home in Elkridge is worth $454,200, 24% less than in Howard County as a whole ($597,900).

  4. 62% of households in Elkridge own their home, against 71% in Howard County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Elkridge

What homes there are in Elkridge, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

No kind of home is the majority in Elkridge; the largest group, attached houses (townhouses), adds up to 36%, against 22% in Howard County.

Year built

Here half of the homes date from 2006 or later; in Howard County, from 1989 or later.

There are fewer big homes in Elkridge than in Howard County: 64% have 3 bedrooms or more, against 71%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,702 a month

Howard County: $3,021 a month

Without a mortgage

$830 a month

Howard County: $1,044 a month

Owners with a mortgage

79%

Howard County: 72%

The typical cost for an owner with a mortgage in Elkridge is $2,702 a month, less than in Howard County ($3,021); without one, $830.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Elkridge rose 25% since 2015–2019, less than in Howard County (31%).

The typical rent in Elkridge rose 29% over the same time; in Howard County, it rose 22%.

Here income gained ground: typical income rose 40%, against +25% for home values and +29% for rent.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureElkridgeHoward CountyMarylandUnited States
Rental vacancy Unreliable estimate5.3%4.7%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.8%0.9%
More than one person per room Unreliable estimate1.8%2.5%3.4%
People per household 2.812.762.572.53
Drive alone 68%65%65%69%
Carpool 6%5%8%9%
Public transit 3%2%4%3%
Walk or bike Unreliable estimate1%2%3%
Work from home 23%26%19%15%
Other means Unreliable estimate1%2%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

By size, households in Elkridge look like those in Howard County: 2.81 people on average.

The car rules in Elkridge: 68% of workers drive to work alone, and the typical trip takes 20 to 29 minutes.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Elkridge?

A typical home is tight for the typical income

We start with a typical home in Elkridge, worth $454,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 33% of the typical household income in Elkridge, which is $139,913 a year. For that payment to be 28% of income, a household would need to earn about $165,016 a year.

The calculator's FHA and conventional loan limits are those of all of Howard County.

Your numbers

Local data
$

Starts at the typical home value in Elkridge. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $15,897 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$3,850

at 7.18% · 30 years

Loan amount
$445,973
Total interest
$641,651
Paid off in
November 2056

Includes $7,670 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $3,265 a month

  • Tight

    $3,265 to $4,197 a month

    Your payment · 33%

  • Hard

    more than $4,197 a month

Compared with the typical household income in Elkridge ($139,913 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,850
Principal & interest$3,021
Property tax$439
Home insurance$189
FHA mortgage insurance (MIP)$201

You need at least $15,897 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Elkridge and Howard County

Elkridge is in Howard County, Maryland. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Elkridge's own numbers

Typical home value
$454,200
Typical monthly rent
$2,295
Typical yearly household income
$139,913
Households that own their home
62%
Effective property tax rate
1.16%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Howard County

FHA limit, one-unit home
$747,500
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$2,006
Price change over 5 years (FHFA)
+40%
Homes in a high flood-risk zone
0.3%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Howard County.

Everything about Howard County

Buying

Buying a home in Elkridge

A typical home in Elkridge is worth $454,200: 24% below the county and 8% above Maryland. With the typical household income in Elkridge ($139,913 a year), a typical home costs 3.2 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Elkridge 3.2 years
  • Howard 4.0 years
  • Maryland 4.1 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Howard County

According to FHFA’s house price index, home prices in Howard County rose 53% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Howard County.

Period County Maryland U.S.
Last year (2025) +2.0% +2.7% +2.9%
5 years (2020–2025) +40% +40% +47%
10 years (2015–2025) +53% +60% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Elkridge next to Howard County, Maryland and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Elkridge $454,200
  • Howard $597,900
  • Maryland $419,900
  • United States $332,700
Typical monthly rent
  • Elkridge $2,295
  • Howard $2,099
  • Maryland $1,705
  • United States $1,413
Typical yearly household income
  • Elkridge $139,913
  • Howard $149,763
  • Maryland $103,678
  • United States $80,734
See the full table
Elkridge next to Howard County and Maryland
Measure Elkridge Howard County Maryland U.S.
Typical home value $454,200 $597,900 $419,900 $332,700
Typical monthly rent $2,295 $2,099 $1,705 $1,413
Typical yearly household income $139,913 $149,763 $103,678 $80,734
Households that own their home 62% 71% 68% 65%
Typical yearly property tax $5,254 $6,987 $4,093 $3,119
Effective property tax rate 1.16% 1.17% 0.97% 0.94%
Renters with high rent for their income 52% 48% 51% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Howard County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Elkridge

For a typical $454,200 home in Elkridge, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Elkridge's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,850a month

    Least cash to close
    Down payment
    $15,897
    Cash to close
    $29,523
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $201

  • Conventional, 5% down $3,767a month

    Down payment
    $22,710
    Cash to close
    $36,336
    Rate
    7.18%
    Mortgage insurance
    PMI · $216

  • Conventional, 20% down, no PMI $3,090a month

    Down payment
    $90,840
    Cash to close
    $104,466
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $3,510a month

    Down payment
    $68,130
    Cash to close
    $81,756
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Elkridge and for Howard County.

Property tax

Effective rate in Elkridge

1.16%of the home’s value each year

$5,254 a year for the typical owner in Elkridge.

  • Elkridge 1.16%
  • Howard 1.17%
  • Maryland 0.97%

What Maryland publishes Homestead tax credit (cap on yearly assessment increases) (Maryland General Assembly (Annotated Code of Maryland, Tax-Property Article))

Exemptions and deadlines in Maryland

Flood risk in Howard County

FEMA does not publish these numbers by city: they are for all of Howard County.

Homes in the high-risk zone
0.3%
246
Of those, with NFIP insurance
94%
County Maryland U.S.
Homes in the high-risk zone 0.3% 1.2% 3.5%
Of those, with NFIP insurance 94% 74% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Elkridge

Typical rent in Elkridge is $2,295 a month: 9% above the county. In Elkridge, 52% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Howard County, by unit size. To pay the 2-bedroom one ($2,006 a month) without spending more than 30% of your income, you would need to earn $38.58 an hour working full time.

HUD fair market rent for all of Howard County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,523 $29.29 $60,920
1 bedroom $1,625 $31.25 $65,000
2 bedrooms $2,006 $38.58 $80,240
3 bedrooms $2,509 $48.25 $100,360
4 bedrooms $2,789 $53.63 $111,560

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Elkridge

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Elkridge has 2 ZIP codes with their own.

For 2 bedrooms it runs from $2,610 in 21075 to $2,930 in 21076.

2 of the 2 are above the fair market rent for Howard County ($2,006).

  • 21075 $2,610$3,260
  • 21076 $2,930$3,660

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Elkridge when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Elkridge

HUD lists 3 buildings with rents for lower incomes in Elkridge. These are the largest.

  • Park View at Colonial Landing 6391 Rowanberry Dr, Elkridge 21075 100 low-income homes · 1 bd: 100 · In service since 2013 · For older adults
  • Port Capital Village LP 7111 Beverly Dr, Elkridge 21075 84 low-income homes · 2 bd: 42 · 3 bd: 42 · In service since 2007 · For families
  • Riverwatch (ELKRIDGE) 5673 Furnace Ave, Elkridge 21075 86 homes, 42 low-income · 2 bd: 41 · 3 bd: 43 · In service since 2017 · For people with disabilities, families

See all 41 buildings in Howard County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Elkridge

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Howard County. The nearest ones are below; many serve by phone or online.

A man leans over the armchair where a girl is reading a book.

HUD counseling is free or low-cost

Assistance programs in Elkridge

No down payment, repair or rent-help program on our list is for Elkridge or Howard County. The ones below are statewide in Maryland: they work in Elkridge the same as in the rest of the state.

Which programs do I qualify for? All programs in Maryland

  • MMP 1st Time Advantage

    Statewide in Maryland

    Maryland Mortgage Program mortgages for first-time buyers, with a deferred 0% second mortgage for the down payment: $6,000, or 3%, 4% or 5% of the loan. Offered by Maryland Mortgage Program (Maryland Department of Housing and Community Development).

    Deferred

    See the program Official page

  • MMP Flex Loans

    Statewide in Maryland

    Maryland Mortgage Program mortgages for first-time buyers and for people who have owned a home before; Flex 6000 brings $6,000 and Flex 3% brings 3% of the loan for the down payment, as a deferred 0% second loan. Offered by Maryland Mortgage Program (Maryland Department of Housing and Community Development).

    Deferred

    See the program Official page

  • Maryland SmartBuy

    Statewide in Maryland

    Maryland Mortgage Program loan of up to 15% of the price (maximum $25,000) to pay off your student debt when you buy a home; no interest or monthly payments, and forgiven after five years if you stay in the home. Offered by Maryland Mortgage Program (Maryland Department of Housing and Community Development).

    Forgivable

    See the program Official page

Housing counselors near Elkridge

The HUD-approved agencies closest to the center of Elkridge, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Homefree-USA Baltimore Branch

    1068 W Fayette St, Baltimore · 9 miles away

    • Pre-purchase counseling
    • Homebuyer education workshops
    (301) 891-8400

  • Garwyn Oaks Northwest Housing Resource Center, Inc

    2300 Garrison Blvd Ste 140, Baltimore · 9 miles away

    • Mortgage delinquency and default
    • Budget and credit workshops
    • and 4 more
    (410) 947-0084

  • Credit.org - Maryland Branch

    400 E Pratt St, Baltimore · 10 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and credit workshops
    • and 4 more
    (800) 431-8157

All counseling agencies in Maryland

Help in Spanish near Elkridge

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Elkridge

HUD’s record names them for Elkridge or Howard County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Howard County Housing Commission Public housing and Section 8 vouchers (443) 518-7800

All housing agencies in Maryland Source: HUD

Cities

Other cities in Howard County

These cities are also in Howard County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Howard County Housing in Maryland

Nearby cities

The cities closest to Elkridge, with the typical home value.

Neighboring counties

If Howard County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Elkridge.

All guides
A mother holds hands with her two daughters on the beach at sunset.

Questions

Housing questions about Elkridge

Short answers with the numbers for Elkridge and all of Howard County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Elkridge?

The typical home value in Elkridge is $454,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Howard County it is $597,900.

How much does it cost to rent in Elkridge?

Typical rent in Elkridge is $2,295 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Howard County is $2,006.

What is the FHA loan limit in Elkridge?

Elkridge uses the FHA limit for all of Howard County (2026): $747,500 for a one-unit home and $1,437,500 for a four-unit home.

How much property tax do owners pay in Elkridge?

The typical homeowner in Elkridge pays $5,254 a year, according to the U.S. Census Bureau. That is 1.16% of the home’s value; in Howard County, the rate is 1.17%.

Where can I find free help to buy or rent in Elkridge?

We found no HUD-approved counseling agencies with an office in Howard County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).