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City · 6,977 residents · Allegany County, Maryland

Frostburg , Maryland

In Frostburg, a typical home is worth $181,700 and typical rent is $945 a month. Compared with all of Allegany County, typical rent is 17% higher, the typical home value is 17% higher, and the share of households that own their home is 21 points lower.

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  • Typical home value

    $181,700

    17% above the county

    57% below Maryland

    • Frostburg
    • Allegany
    • Maryland

  • Typical rent

    $945a month

    17% above the county

    45% below Maryland

    • Frostburg
    • Allegany
    • Maryland

  • Typical household income

    $52,977a year

    11% below the county

    49% below Maryland

    • Frostburg
    • Allegany
    • Maryland

  • Households that own their home

    49%

    21 points below the county

    18 points below Maryland

    • Frostburg
    • Allegany
    • Maryland

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

Market now, with Zillow data

Zillow data
Typical home value
$178,333
3% more than 12 months ago

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

Frostburg is in Allegany County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Allegany County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Frostburg apart

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

  1. Frostburg has the 3rd lowest typical home value of the 202 cities in Maryland with more than 5,000 people ($181,700).

  2. Frostburg has the 4th lowest typical household income of the 202 cities in Maryland with more than 5,000 people ($52,977).

  3. Frostburg has the 4th lowest typical rent of the 195 cities in Maryland with more than 5,000 people ($945).

  4. 49% of households in Frostburg own their home, against 71% in Allegany County.

  5. Nearby, in Cumberland, the typical home value is $123,200: 32% less than in Frostburg ($181,700).

  6. Nearby, in Cumberland, the typical rent is $741: 22% less than in Frostburg ($945).

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

The homes here

Housing in Frostburg

What homes there are in Frostburg, 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 houses are the majority in Frostburg (54%), but less so than in Allegany County (72%).

Year built

By age, homes in Frostburg look like those in Allegany County: the typical year built is 1961.

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

With an FHA limit of $541,287, at least 98% of owner-occupied homes in Frostburg sit below it: they are worth less than $500,000.

Monthly rent with utilities

With a mortgage

$1,478 a month

Allegany County: $1,255 a month

Without a mortgage

$568 a month

Allegany County: $486 a month

Owners with a mortgage

69%

Allegany County: 52%

Owning costs more in Frostburg: with a mortgage, the typical cost is $1,478 a month; in Allegany County, $1,255. Without one, $568.

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

Much as in Allegany County, the typical home value in Frostburg rose 31% since 2015–2019.

Since 2015–2019, the typical rent in Frostburg rose 27%, more than in Allegany County (16%).

To compare: typical income in Frostburg rose 24%; the home, +31%; the rent, +27%.

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

MeasureFrostburgAllegany CountyMarylandUnited States
Rental vacancy Unreliable estimate6.9%4.7%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.8%0.9%
More than one person per room Unreliable estimate1.1%2.5%3.4%
People per household 2.052.232.572.53
Drive alone 71%79%65%69%
Carpool Unreliable estimate8%8%9%
Public transit Unreliable estimateUnreliable estimate4%3%
Walk or bike 7%3%2%3%
Work from home 14%9%19%15%
Other means Unreliable estimate1%2%2%
Typical commute Unreliable estimate10 to 19 minutes20 to 29 minutes20 to 29 minutes

Fewer people live in each home here: 2.05 on average, against 2.23 in Allegany County.

Many people here do not commute at all: 14% work from home; in Allegany County, 9%.

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 Frostburg?

A typical home is tight for the typical income

We start with a typical home in Frostburg, worth $181,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 35% of the typical household income in Frostburg, which is $52,977 a year. For that payment to be 28% of income, a household would need to earn about $65,430 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Frostburg. 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 $6,360 (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

$1,527

at 7.18% · 30 years

Loan amount
$178,408
Total interest
$256,688
Paid off in
November 2056

Includes $3,068 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,236 a month

  • Tight

    $1,236 to $1,589 a month

    Your payment · 35%

  • Hard

    more than $1,589 a month

Compared with the typical household income in Frostburg ($52,977 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,527
Principal & interest$1,209
Property tax$162
Home insurance$76
FHA mortgage insurance (MIP)$80

You need at least $6,360 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

Frostburg and Allegany County

Frostburg is in Allegany 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).

Frostburg's own numbers

Typical home value
$181,700
Typical monthly rent
$945
Typical yearly household income
$52,977
Households that own their home
49%
Effective property tax rate
1.07%

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

Numbers for all of Allegany County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,014
Price change over 5 years (FHFA)
+45%
Homes in a high flood-risk zone
1.4%

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 Allegany County.

Everything about Allegany County

Buying

Buying a home in Frostburg

A typical home in Frostburg is worth $181,700: 17% above the county and 57% below Maryland. With the typical household income in Frostburg ($52,977 a year), a typical home costs 3.4 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.

  • Frostburg 3.4 years
  • Allegany 2.6 years
  • Maryland 4.1 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Allegany County

According to FHFA’s house price index, home prices in Allegany County rose 60% in the 10 years through 2025.

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

Period County Maryland U.S.
Last year (2025) +3.3% +2.7% +2.9%
5 years (2020–2025) +45% +40% +47%
10 years (2015–2025) +60% +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

Frostburg next to Allegany 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
  • Frostburg $181,700
  • Allegany $154,900
  • Maryland $419,900
  • United States $332,700
Typical monthly rent
  • Frostburg $945
  • Allegany $805
  • Maryland $1,705
  • United States $1,413
Typical yearly household income
  • Frostburg $52,977
  • Allegany $59,603
  • Maryland $103,678
  • United States $80,734
See the full table
Frostburg next to Allegany County and Maryland
Measure Frostburg Allegany County Maryland U.S.
Typical home value $181,700 $154,900 $419,900 $332,700
Typical monthly rent $945 $805 $1,705 $1,413
Typical yearly household income $52,977 $59,603 $103,678 $80,734
Households that own their home 49% 71% 68% 65%
Typical yearly property tax $1,952 $1,636 $4,093 $3,119
Effective property tax rate 1.07% 1.06% 0.97% 0.94%
Renters with high rent for their income 37% 44% 51% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Allegany 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 Frostburg

For a typical $181,700 home in Frostburg, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Frostburg's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,527a month

    Least cash to close
    Down payment
    $6,360
    Cash to close
    $11,811
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $80

  • Conventional, 5% down $1,493a month

    Down payment
    $9,085
    Cash to close
    $14,536
    Rate
    7.18%
    Mortgage insurance
    PMI · $86

  • Conventional, 20% down, no PMI $1,222a month

    Down payment
    $36,340
    Cash to close
    $41,791
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,390a month

    Down payment
    $27,255
    Cash to close
    $32,706
    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 Frostburg and for Allegany County.

Property tax

Effective rate in Frostburg

1.07%of the home’s value each year

$1,952 a year for the typical owner in Frostburg.

  • Frostburg 1.07%
  • Allegany 1.06%
  • 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 Allegany County

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

Homes in the high-risk zone
1.4%
379
Of those, with NFIP insurance
24%
County Maryland U.S.
Homes in the high-risk zone 1.4% 1.2% 3.5%
Of those, with NFIP insurance 24% 74% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Frostburg

Typical rent in Frostburg is $945 a month: 17% above the county. In Frostburg, 37% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Allegany County, by unit size. To pay the 2-bedroom one ($1,014 a month) without spending more than 30% of your income, you would need to earn $19.50 an hour working full time.

HUD fair market rent for all of Allegany 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 $862 $16.58 $34,480
1 bedroom $888 $17.08 $35,520
2 bedrooms $1,014 $19.50 $40,560
3 bedrooms $1,383 $26.60 $55,320
4 bedrooms $1,468 $28.23 $58,720

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 Frostburg

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Frostburg is in ZIP code 21532.

For 2 bedrooms it is $1,100: $86 more than the fair market rent for Allegany County ($1,014).

  • 21532 $1,100$1,490

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Frostburg 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 Frostburg

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

  • Frostburg Heights 100 Honeysuckle Ln, Frostburg 21532 110 low-income homes · For older adults (301) 689-2268
  • Meshach Frost Village 93 Meshach Frost Vlg, Frostburg 21532 100 low-income homes · Run by Housing Authority of the City of Frostburg · Average payment: $414 a month · Average wait: 6 months (301) 689-9700
  • Braddock's Greene 100 Braddock St, Frostburg 21532 50 low-income homes · 2 bd: 20 · 3 bd: 30 · In service since 2010 · For older adults

See all 19 buildings in Allegany County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Frostburg

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 is 1 HUD-approved agency with an office in Allegany County; none says it serves in Spanish.

An older man and his daughter go over papers with a professional.

HUD counseling is free or low-cost

Assistance programs in Frostburg

No down payment, repair or rent-help program on our list is for Frostburg or Allegany County. The ones below are statewide in Maryland: they work in Frostburg 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 Frostburg

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

  • Allegany County Human Resources Development Commission, Inc

    125 Virginia Ave, Cumberland · 9 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 1 more
    (301) 777-5970

  • HAGERSTOWN NEIGHBORHOOD DEVELOPMENT PARTNERSHIP, INC.(HNDP)/ aka Hagerstown Home Store

    21 E Franklin St, Hagerstown · 64 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 3 more
    (301) 797-0900

  • The City of Frederick

    100 S Market St, Frederick · 82 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (301) 600-1506

Every agency in Allegany County All counseling agencies in Maryland

Help in Spanish near Frostburg

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 Frostburg

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

  • Housing Authority of the City of Frostburg Public housing (301) 689-9700

One other authority has an office in Allegany County: see the list Source: HUD

Cities

Other cities in Allegany County

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

Everything about Allegany County Housing in Maryland

Nearby cities

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

Neighboring counties

If Allegany 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 Frostburg.

All guides
A smiling girl holds up a small mushroom she found on a forest outing.

Questions

Housing questions about Frostburg

Short answers with the numbers for Frostburg and all of Allegany 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 Frostburg?

The typical home value in Frostburg is $181,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Allegany County it is $154,900.

How much does it cost to rent in Frostburg?

Typical rent in Frostburg is $945 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Allegany County is $1,014.

What is the FHA loan limit in Frostburg?

Frostburg uses the FHA limit for all of Allegany County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Frostburg?

The typical homeowner in Frostburg pays $1,952 a year, according to the U.S. Census Bureau. That is 1.07% of the home’s value; in Allegany County, the rate is 1.06%.

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

There is 1 HUD-approved counseling agency with an office in Allegany County. 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).