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City · 6,251 residents · Carroll County, Maryland

Hampstead , Maryland

In Hampstead, a typical home is worth $333,000 and typical rent is $1,309 a month. Compared with all of Carroll County, the typical home value is 23% lower and typical household income is 17% lower.

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  • Typical home value

    $333,000

    23% below the county

    21% below Maryland

    • Hampstead
    • Carroll
    • Maryland

  • Typical rent

    $1,309a month

    8% below the county

    23% below Maryland

    • Hampstead
    • Carroll
    • Maryland

  • Typical household income

    $97,871a year

    17% below the county

    6% below Maryland

    • Hampstead
    • Carroll
    • Maryland

  • Households that own their home

    80%

    4 points below the county

    13 points above Maryland

    • Hampstead
    • Carroll
    • Maryland

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

Market now, with Zillow data

Zillow data
Typical home value
$437,663
2% more than 12 months ago

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

Hampstead is in Carroll 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 Carroll County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Hampstead apart

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

  1. The typical home in Hampstead is worth $333,000, 23% less than in Carroll County as a whole ($434,000).

  2. The typical household income in Hampstead is $97,871, 17% less than in Carroll County as a whole ($118,211).

  3. Hampstead has the 14th lowest typical rent of the 195 cities in Maryland with more than 5,000 people ($1,309).

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

The homes here

Housing in Hampstead

What homes there are in Hampstead, 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

The detached house is still the most common home in Hampstead, but it weighs less than in Carroll County: 61% against 78%.

Year built

Here half of the homes date from 1993 or later; in Carroll County, from 1983 or later.

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

$1,828 a month

Carroll County: $2,342 a month

Without a mortgage

$726 a month

Carroll County: $691 a month

Owners with a mortgage

84%

Carroll County: 72%

The typical cost for an owner with a mortgage in Hampstead is $1,828 a month, less than in Carroll County ($2,342); without one, $726.

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

Since 2015–2019, homes in Hampstead gained value faster than in Carroll County: 36% against 28%.

Since 2015–2019, the typical rent in Hampstead rose 51%, more than in Carroll County (26%).

Here income did not keep up with housing: it rose 27%, while home values changed +36% and rent +51%.

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

MeasureHampsteadCarroll CountyMarylandUnited States
Rental vacancy Unreliable estimate5.0%4.7%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.8%0.9%
More than one person per room Unreliable estimate0.7%2.5%3.4%
People per household 2.292.662.572.53
Drive alone 79%74%65%69%
Carpool Unreliable estimate7%8%9%
Public transit Unreliable estimate0%4%3%
Walk or bike Unreliable estimate1%2%3%
Work from home 15%17%19%15%
Other means Unreliable estimate1%2%2%
Typical commute Unreliable estimate30 to 39 minutes20 to 29 minutes20 to 29 minutes

On average, a household in Hampstead has 2.29 people, fewer than in Carroll County (2.66).

To get to work, 79% of workers in Hampstead drive alone; in Carroll County, 74%.

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 Hampstead?

A typical home is tight for the typical income

We start with a typical home in Hampstead, worth $333,000, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 34% of the typical household income in Hampstead, which is $97,871 a year. For that payment to be 28% of income, a household would need to earn about $119,675 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Hampstead. 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 $11,655 (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

$2,792

at 7.18% · 30 years

Loan amount
$326,969
Total interest
$470,431
Paid off in
November 2056

Includes $5,624 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,284 a month

  • Tight

    $2,284 to $2,936 a month

    Your payment · 34%

  • Hard

    more than $2,936 a month

Compared with the typical household income in Hampstead ($97,871 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,792
Principal & interest$2,215
Property tax$291
Home insurance$139
FHA mortgage insurance (MIP)$147

You need at least $11,655 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

Hampstead and Carroll County

Hampstead is in Carroll 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).

Hampstead's own numbers

Typical home value
$333,000
Typical monthly rent
$1,309
Typical yearly household income
$97,871
Households that own their home
80%
Effective property tax rate
1.05%

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

Numbers for all of Carroll 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)
+41%
Homes in a high flood-risk zone
0.4%

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 Carroll County.

Everything about Carroll County

Buying

Buying a home in Hampstead

A typical home in Hampstead is worth $333,000: 23% below the county and 21% below Maryland. With the typical household income in Hampstead ($97,871 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.

  • Hampstead 3.4 years
  • Carroll 3.7 years
  • Maryland 4.1 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Carroll County

According to FHFA’s house price index, home prices in Carroll County rose 61% in the 10 years through 2025.

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

Period County Maryland U.S.
Last year (2025) +1.7% +2.7% +2.9%
5 years (2020–2025) +41% +40% +47%
10 years (2015–2025) +61% +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

Hampstead next to Carroll 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
  • Hampstead $333,000
  • Carroll $434,000
  • Maryland $419,900
  • United States $332,700
Typical monthly rent
  • Hampstead $1,309
  • Carroll $1,427
  • Maryland $1,705
  • United States $1,413
Typical yearly household income
  • Hampstead $97,871
  • Carroll $118,211
  • Maryland $103,678
  • United States $80,734
See the full table
Hampstead next to Carroll County and Maryland
Measure Hampstead Carroll County Maryland U.S.
Typical home value $333,000 $434,000 $419,900 $332,700
Typical monthly rent $1,309 $1,427 $1,705 $1,413
Typical yearly household income $97,871 $118,211 $103,678 $80,734
Households that own their home 80% 84% 68% 65%
Typical yearly property tax $3,480 $3,934 $4,093 $3,119
Effective property tax rate 1.05% 0.91% 0.97% 0.94%
Renters with high rent for their income 52% 49% 51% 51%

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

For a typical $333,000 home in Hampstead, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Hampstead's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,792a month

    Least cash to close
    Down payment
    $11,655
    Cash to close
    $21,645
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $147

  • Conventional, 5% down $2,731a month

    Down payment
    $16,650
    Cash to close
    $26,640
    Rate
    7.18%
    Mortgage insurance
    PMI · $158

  • Conventional, 20% down, no PMI $2,235a month

    Down payment
    $66,600
    Cash to close
    $76,590
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,543a month

    Down payment
    $49,950
    Cash to close
    $59,940
    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 Hampstead and for Carroll County.

Property tax

Effective rate in Hampstead

1.05%of the home’s value each year

$3,480 a year for the typical owner in Hampstead.

  • Hampstead 1.05%
  • Carroll 0.91%
  • 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 Carroll County

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

Homes in the high-risk zone
0.4%
248
Of those, with NFIP insurance
26%
County Maryland U.S.
Homes in the high-risk zone 0.4% 1.2% 3.5%
Of those, with NFIP insurance 26% 74% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Hampstead

Typical rent in Hampstead is $1,309 a month: 8% below the county. In Hampstead, 52% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Carroll 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 Carroll 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 Hampstead

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Hampstead is in ZIP code 21074.

For 2 bedrooms it is $1,680: $326 less than the fair market rent for Carroll County ($2,006).

  • 21074 $1,680$2,130

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

HUD lists 2 buildings with rents for lower incomes in Hampstead. These are the largest.

  • Hampstead School Senior Apts 1211 N Main St, Hampstead 21074 84 low-income homes · 1 bd: 73 · 2 bd: 11 · In service since 2005 · For older adults
  • Residences at the Hampstead School 1211 N Main St, Hampstead 21074 52 low-income homes · In service since 2014

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

Free help

Help to buy or rent in Hampstead

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 Carroll County. The nearest ones are below; many serve by phone or online.

A grandmother smiles, seated at home.

HUD counseling is free or low-cost

Assistance programs in Hampstead

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

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

  • Operation Hope Pikesville MD

    1525 Town Center Pl, Pikesville · 18 miles away

    • Mortgage delinquency workshops
    • Budget and financial counseling
    • and 3 more
    (470) 223-0285

  • Diversified Housing Development, Inc.

    8025 Liberty Rd, Windsor Mill · 19 miles away

    • Mortgage delinquency and default
    • Budget and credit workshops
    • and 2 more
    (410) 496-1214

  • Comprehensive Housing Assistance, Inc

    5809 Park Heights Ave, Baltimore · 20 miles away · Spanish

    Also serves in American Sign Language (ASL) and Russian.

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 6 more
    (410) 500-5300

All counseling agencies in Maryland

Help in Spanish near Hampstead

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 Hampstead

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

  • Carroll County Housing & Community Dev Section 8 vouchers (410) 386-3600

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

Cities

Other cities in Carroll County

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

Everything about Carroll County Housing in Maryland

Nearby cities

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

Neighboring counties

If Carroll 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 Hampstead.

All guides
A father and mother walk their son by the hand down the sidewalk.

Questions

Housing questions about Hampstead

Short answers with the numbers for Hampstead and all of Carroll 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 Hampstead?

The typical home value in Hampstead is $333,000, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Carroll County it is $434,000.

How much does it cost to rent in Hampstead?

Typical rent in Hampstead is $1,309 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Carroll County is $2,006.

What is the FHA loan limit in Hampstead?

Hampstead uses the FHA limit for all of Carroll 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 Hampstead?

The typical homeowner in Hampstead pays $3,480 a year, according to the U.S. Census Bureau. That is 1.05% of the home’s value; in Carroll County, the rate is 0.91%.

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

We found no HUD-approved counseling agencies with an office in Carroll 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).