In Elkton, a typical home is worth $293,400 and typical rent is $1,382 a month. Compared with all of Cecil County, typical household income is 36% lower, the typical home value is 15% lower, and the share of households that own their home is 25 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $306,358 to $371,476.
Typical rent
$1,904a month
▼ 1.2% less than 12 months ago
Typical rent from Zillow, September 2023 to September 2026: from $1,774 to $1,904.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Elkton is in Cecil County. The FHA loan limit ($630,200 for a one-unit home), the fair market rents and the help on this page are those of all of Cecil County. See the county
What this place has that others do not, from public data, most unusual first.
1
51% of households in Elkton own their home, against 75% in Cecil County.
2
Elkton has the 8th lowest typical household income of the 202 cities in Maryland with more than 5,000 people ($58,640).
3
Elkton has the 10th largest share of rent-burdened renters of the 170 cities in Maryland with more than 5,000 people (69%).
4
Nearby, in Riverside, the typical home value is $246,100: 16% less than in Elkton ($293,400).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Elkton
What homes there are in Elkton, 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
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Elkton
Cecil County
Maryland
United States
Kind of home: Elkton and its comparisons
Measure
Elkton
Cecil County
Maryland
United States
Detached house
42%
71%
51%
61%
Attached house
25%
9%
21%
6%
Building of 2 to 4
12%
5%
4%
8%
Apartments (5 or more)
21%
10%
23%
19%
Mobile home
Unreliable estimate
5%
1%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Elkton there is a bit of everything: no kind of home reaches half. The most common are detached houses (42%); in Cecil County, 71%.
Year built
Before 19601960–19791980–19992000–20092010 or later
Elkton
Cecil County
Maryland
United States
Year built: Elkton and its comparisons
Measure
Elkton
Cecil County
Maryland
United States
Before 1960
24%
20%
26%
26%
1960–1979
18%
21%
25%
24%
1980–1999
30%
32%
28%
25%
2000–2009
21%
18%
12%
14%
2010 or later
6%
10%
9%
11%
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K17%
$200K–$300K31%
$300K–$500K44%
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Elkton and its comparisons
Measure
Elkton
Under $100K
Unreliable estimate
$100K–$200K
17%
$200K–$300K
31%
$300K–$500K
44%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99916%
$1,000–$1,49940%
$1,500–$1,99927%
$2,000–$2,4999%
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Elkton and its comparisons
Measure
Elkton
Under $500
Unreliable estimate
$500–$999
16%
$1,000–$1,499
40%
$1,500–$1,999
27%
$2,000–$2,499
9%
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$1,818 a month
Cecil County: $2,013 a month
Without a mortgage
$487 a month
Cecil County: $642 a month
Owners with a mortgage
76%
Cecil County: 68%
The typical cost for an owner with a mortgage in Elkton is $1,818 a month, less than in Cecil County ($2,013); without one, $487.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Elkton+51%
Cecil County+42%
Maryland+33%
United States+53%
Typical rent
Elkton+30%
Cecil County+22%
Maryland+23%
United States+33%
Typical household income
ElktonNo clear change
Cecil County+20%
Maryland+22%
United States+29%
Change since 2015–2019: Elkton and its comparisons
Measure
Elkton
Cecil County
Maryland
United States
Typical home value
+51%
+42%
+33%
+53%
Typical rent
+30%
+22%
+23%
+33%
Typical household income
No clear change
+20%
+22%
+29%
From 2015–2019 to 2020–2024, the typical home value in Elkton rose 51%; in Cecil County, it rose 42%.
The typical rent in Elkton rose 30% over the same time; in Cecil County, it rose 22%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Elkton and its comparisons
Measure
Elkton
Cecil County
Maryland
United States
Rental vacancy
Unreliable estimate
6.4%
4.7%
5.5%
Homeowner vacancy
Unreliable estimate
1.8%
0.8%
0.9%
More than one person per room
5.2%
2.2%
2.5%
3.4%
People per household
2.49
2.54
2.57
2.53
Drive alone
77%
75%
65%
69%
Carpool
10%
9%
8%
9%
Public transit
Unreliable estimate
Unreliable estimate
4%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
9%
12%
19%
15%
Other means
Unreliable estimate
1%
2%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
In Elkton, 5.2% of households live with more than one person per room, against 2.2% in Cecil County.
A household in Elkton has 2.49 people on average, about the same as in Cecil County (2.54).
To get to work, 77% of workers in Elkton drive alone; in Cecil County, 75%.
Do the math
What would you pay each month for a home in Elkton?
A typical home costs more than the typical income allows
We start with a typical home in Elkton, worth $293,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 50% of the typical household income in Elkton, which is $58,640 a year. For that payment to be 28% of income, a household would need to earn about $105,338 a year.
The calculator's FHA and conventional loan limits are those of all of Cecil County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Elkton. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $10,269 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$2,458
at 7.18% · 30 years
Loan amount
$288,086
Total interest
$414,488
Paid off in
November 2056
Includes $4,955 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,368 a month
Tight
$1,368 to $1,759 a month
Hard
more than $1,759 a month
Your payment · 50%
Compared with the typical household income in Elkton ($58,640 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,952
Property tax
$254
Home insurance
$122
FHA mortgage insurance (MIP)
$130
You need at least $10,269 for the down payment, plus closing costs.
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.
Total monthly payment $2,458; principal and interest $1,952.
The city and its county
Elkton and Cecil County
Elkton is in Cecil 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).
Elkton
Map of Cecil County, Maryland, with Elkton marked. Around it, the neighboring counties.
Elkton
Cecil County
Other cities with a page
Elkton's own numbers
Typical home value
$293,400
Typical monthly rent
$1,382
Typical yearly household income
$58,640
Households that own their home
51%
Effective property tax rate
1.04%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Cecil County
FHA limit, one-unit home
$630,200
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,860
Price change over 5 years (FHFA)
+50%
Homes in a high flood-risk zone
2.4%
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 Cecil County.
A typical home in Elkton is worth $293,400: 15% below the county and 30% below Maryland. With the typical household income in Elkton ($58,640 a year), a typical home costs 5.0 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.
Elkton5.0 years
Cecil3.7 years
Maryland4.1 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Cecil County
According to FHFA’s house price index, home prices in Cecil County rose 76% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Cecil County.
Yearly change in FHFA’s price index in Cecil County, 2016 to 2025
2016: +3.2% +3.2% 2016
2017: +1.6% +1.6% 2017
2018: +3.8% +3.8% 2018
2019: +4.1% +4.1% 2019
2020: +3.4% +3.4% 2020
2021: +10.8% +10.8% 2021
2022: +11.9% +11.9% 2022
2023: +7.3% +7.3% 2023
2024: +6.3% +6.3% 2024
2025: +6.4% +6.4% 2025
Change in FHFA’s price index in Cecil County, Maryland and the United States
Period
County
Maryland
U.S.
Last year (2025)
+6.4%
+2.7%
+2.9%
5 years (2020–2025)
+50%
+40%
+47%
10 years (2015–2025)
+76%
+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
Elkton next to Cecil 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
Elkton$293,400
Cecil$343,400
Maryland$419,900
United States$332,700
Typical monthly rent
Elkton$1,382
Cecil$1,377
Maryland$1,705
United States$1,413
Typical yearly household income
Elkton$58,640
Cecil$92,007
Maryland$103,678
United States$80,734
See the full table
Elkton next to Cecil County and Maryland
Measure
Elkton
Cecil County
Maryland
U.S.
Typical home value
$293,400 ▼15% below the county
$343,400
$419,900
$332,700
Typical monthly rent
$1,382
$1,377
$1,705
$1,413
Typical yearly household income
$58,640 ▼36% below the county
$92,007
$103,678
$80,734
Households that own their home
51% ▼25 points below the county
75%
68%
65%
Typical yearly property tax
$3,058
$3,068
$4,093
$3,119
Effective property tax rate
1.04% ▲0.15 points above the county
0.89%
0.97%
0.94%
Renters with high rent for their income
69% ▲20 points above the county
50%
51%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Cecil 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 Elkton
For a typical $293,400 home in Elkton, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Elkton's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$2,458a month
Least cash to close
Down payment
$10,269
Cash to close
$19,071
Rate
7.18%
Mortgage insurance
FHA MIP · $130
Conventional, 5% down$2,404a month
Down payment
$14,670
Cash to close
$23,472
Rate
7.18%
Mortgage insurance
PMI · $139
Conventional, 20% down, no PMI$1,967a month
Down payment
$58,680
Cash to close
$67,482
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$2,238a month
Down payment
$44,010
Cash to close
$52,812
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Elkton
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$2,458
$10,269
$288,086
7.18%
FHA MIP · $130
$19,071
580
Conventional, 5% down
$2,404
$14,670
$278,730
7.18%
PMI · $139
$23,472
620*
Conventional, 20% down, no PMI
$1,967
$58,680
$234,720
7.18%
None
$67,482
620*
ITIN, 15% down (example)
$2,238
$44,010
$249,390
8.18%
None
$52,812
Set by the lender
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.
Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Elkton and for Cecil County.
Property tax
Effective rate in Elkton
1.04%of the home’s value each year
$3,058 a year for the typical owner in Elkton.
Elkton1.04%
Cecil0.89%
Maryland0.97%
What Maryland publishesHomestead tax credit (cap on yearly assessment increases) (Maryland General Assembly (Annotated Code of Maryland, Tax-Property Article))
Typical rent in Elkton is $1,382 a month: about the same as the county. In Elkton, 69% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Cecil County, by unit size. To pay the 2-bedroom one ($1,860 a month) without spending more than 30% of your income, you would need to earn $35.77 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Cecil County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,438
$27.65
$57,520
1 bedroom
$1,558
$29.96
$62,320
2 bedrooms
$1,860
$35.77
$74,400
3 bedrooms
$2,216
$42.62
$88,640
4 bedrooms
$2,445
$47.02
$97,800
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 Elkton
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Elkton is in ZIP code 21921.
For 2 bedrooms it is $1,820: $40 less than the fair market rent for Cecil County ($1,860).
Fair market rent by ZIP code and size in Elkton, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
21921
$1,410
$1,520
$1,820
$2,170
$2,390
ZIP code2 bd3 bd
21921 $1,820$2,170
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Elkton 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 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
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.
There are 2 HUD-approved agencies with an office in Cecil County; none says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Elkton or Cecil County. The ones below are statewide in Maryland: they work in Elkton the same as in the rest of the state.
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).
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).
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).
No legal help resource on our list is for Elkton or Cecil County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Elkton and all of Cecil 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 Elkton?
The typical home value in Elkton is $293,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Cecil County it is $343,400.
How much does it cost to rent in Elkton?
Typical rent in Elkton is $1,382 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Cecil County is $1,860.
What is the FHA loan limit in Elkton?
Elkton uses the FHA limit for all of Cecil County (2026): $630,200 for a one-unit home and $1,211,950 for a four-unit home.
How much property tax do owners pay in Elkton?
The typical homeowner in Elkton pays $3,058 a year, according to the U.S. Census Bureau. That is 1.04% of the home’s value; in Cecil County, the rate is 0.89%.
Where can I find free help to buy or rent in Elkton?
There are 2 HUD-approved counseling agencies with an office in Cecil County. They can help you get ready to buy, with your credit, or with rent.
