In Taneytown, a typical home is worth $338,400 and typical rent is $1,059 a month. Compared with all of Carroll County, typical household income is 26% lower, typical rent is 26% lower, and the share of households that own their home is 7 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $332,297 to $394,702.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Taneytown 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
What this place has that others do not, from public data, most unusual first.
1
Taneytown has the 6th lowest typical rent of the 195 cities in Maryland with more than 5,000 people ($1,059).
2
Taneytown has the 10th largest share of rent-burdened renters of the 170 cities in Maryland with more than 5,000 people (69%).
3
The typical household income in Taneytown is $87,621,26% less than in Carroll County as a whole ($118,211).
4
The typical home in Taneytown is worth $338,400,22% less than in Carroll County as a whole ($434,000).
5
77% of households in Taneytown own their home, against 84% in Carroll County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Taneytown
What homes there are in Taneytown, 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
Taneytown
Carroll County
Maryland
United States
Kind of home: Taneytown and its comparisons
Measure
Taneytown
Carroll County
Maryland
United States
Detached house
66%
78%
51%
61%
Attached house
23%
11%
21%
6%
Building of 2 to 4
Unreliable estimate
3%
4%
8%
Apartments (5 or more)
Unreliable estimate
7%
23%
19%
Mobile home
Unreliable estimate
1%
1%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house is still the most common home in Taneytown, but it weighs less than in Carroll County: 66% against 78%.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Taneytown
Carroll County
Maryland
United States
Year built: Taneytown and its comparisons
Measure
Taneytown
Carroll County
Maryland
United States
Before 1960
Unreliable estimate
18%
26%
26%
1960–1979
15%
26%
25%
24%
1980–1999
29%
35%
28%
25%
2000–2009
24%
14%
12%
14%
2010 or later
16%
6%
9%
11%
Homes in Taneytown are newer: the typical year built is 1993; in Carroll County, 1983.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K12%
$200K–$300K18%
$300K–$500K67%
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Taneytown and its comparisons
Measure
Taneytown
Under $100K
Unreliable estimate
$100K–$200K
12%
$200K–$300K
18%
$300K–$500K
67%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,49940%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Taneytown and its comparisons
Measure
Taneytown
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
40%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable
With a mortgage
$2,053 a month
Carroll County: $2,342 a month
Without a mortgage
$600 a month
Carroll County: $691 a month
Owners with a mortgage
71%
Carroll County: 72%
Owning costs less in Taneytown: with a mortgage, the typical cost is $2,053 a month; in Carroll County, $2,342. Without one, $600.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Taneytown+34%
Carroll County+28%
Maryland+33%
United States+53%
Typical rent
TaneytownNo clear change
Carroll County+26%
Maryland+23%
United States+33%
Typical household income
TaneytownNo clear change
Carroll County+22%
Maryland+22%
United States+29%
Change since 2015–2019: Taneytown and its comparisons
Measure
Taneytown
Carroll County
Maryland
United States
Typical home value
+34%
+28%
+33%
+53%
Typical rent
No clear change
+26%
+23%
+33%
Typical household income
No clear change
+22%
+22%
+29%
Since 2015–2019, homes in Taneytown gained value faster than in Carroll County: 34% against 28%.
Since 2015–2019, the typical rent in Taneytown did not change clearly, according to the Census.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Taneytown and its comparisons
Measure
Taneytown
Carroll County
Maryland
United States
Rental vacancy
Unreliable estimate
5.0%
4.7%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.8%
0.9%
More than one person per room
Unreliable estimate
0.7%
2.5%
3.4%
People per household
2.55
2.66
2.57
2.53
Drive alone
71%
74%
65%
69%
Carpool
11%
7%
8%
9%
Public transit
Unreliable estimate
0%
4%
3%
Walk or bike
Unreliable estimate
1%
2%
3%
Work from home
16%
17%
19%
15%
Other means
Unreliable estimate
1%
2%
2%
Typical commute
Unreliable estimate
30 to 39 minutes
20 to 29 minutes
20 to 29 minutes
By size, households in Taneytown look like those in Carroll County: 2.55 people on average.
More people carpool to work in Taneytown than in Carroll County: 11% against 7%.
Do the math
What would you pay each month for a home in Taneytown?
A typical home costs more than the typical income allows
We start with a typical home in Taneytown, worth $338,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 39% of the typical household income in Taneytown, which is $87,621 a year. For that payment to be 28% of income, a household would need to earn about $122,220 a year.
The calculator's FHA and conventional loan limits are those of all of Carroll 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 Taneytown. 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 $11,844 (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
$2,852
at 7.18% · 30 years
Loan amount
$332,271
Total interest
$478,060
Paid off in
November 2056
Includes $5,715 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,044 a month
Tight
$2,044 to $2,629 a month
Hard
more than $2,629 a month
Your payment · 39%
Compared with the typical household income in Taneytown ($87,621 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$2,251
Property tax
$310
Home insurance
$141
FHA mortgage insurance (MIP)
$150
You need at least $11,844 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 $2,852; principal and interest $2,251.
The city and its county
Taneytown and Carroll County
Taneytown 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).
Taneytown
Map of Carroll County, Maryland, with Taneytown marked. Around it, the neighboring counties.
Taneytown
Carroll County
Other cities with a page
Taneytown's own numbers
Typical home value
$338,400
Typical monthly rent
$1,059
Typical yearly household income
$87,621
Households that own their home
77%
Effective property tax rate
1.1%
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.
A typical home in Taneytown is worth $338,400: 22% below the county and 19% below Maryland. With the typical household income in Taneytown ($87,621 a year), a typical home costs 3.9 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.
Taneytown3.9 years
Carroll3.7 years
Maryland4.1 years
United States4.1 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.
Yearly change in FHFA’s price index in Carroll County, 2016 to 2025
2016: +1.8% +1.8% 2016
2017: +2.8% +2.8% 2017
2018: +2.7% +2.7% 2018
2019: +2.9% +2.9% 2019
2020: +2.6% +2.6% 2020
2021: +9.9% +9.9% 2021
2022: +10.9% +10.9% 2022
2023: +5.7% +5.7% 2023
2024: +8.0% +8.0% 2024
2025: +1.7% +1.7% 2025
Change in FHFA’s price index in Carroll County, Maryland and the United States
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
Taneytown 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
Taneytown$338,400
Carroll$434,000
Maryland$419,900
United States$332,700
Typical monthly rent
Taneytown$1,059
Carroll$1,427
Maryland$1,705
United States$1,413
Typical yearly household income
Taneytown$87,621
Carroll$118,211
Maryland$103,678
United States$80,734
See the full table
Taneytown next to Carroll County and Maryland
Measure
Taneytown
Carroll County
Maryland
U.S.
Typical home value
$338,400 ▼22% below the county
$434,000
$419,900
$332,700
Typical monthly rent
$1,059 ▼26% below the county
$1,427
$1,705
$1,413
Typical yearly household income
$87,621 ▼26% below the county
$118,211
$103,678
$80,734
Households that own their home
77% ▼7 points below the county
84%
68%
65%
Typical yearly property tax
$3,732 ▼5% below the county
$3,934
$4,093
$3,119
Effective property tax rate
1.1% ▲0.19 points above the county
0.91%
0.97%
0.94%
Renters with high rent for their income
69% ▲20 points above the county
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 Taneytown
For a typical $338,400 home in Taneytown, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Taneytown's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$2,852a month
Least cash to close
Down payment
$11,844
Cash to close
$21,996
Rate
7.18%
Mortgage insurance
FHA MIP · $150
Conventional, 5% down$2,790a month
Down payment
$16,920
Cash to close
$27,072
Rate
7.18%
Mortgage insurance
PMI · $161
Conventional, 20% down, no PMI$2,285a month
Down payment
$67,680
Cash to close
$77,832
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$2,598a month
Down payment
$50,760
Cash to close
$60,912
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Taneytown
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$2,852
$11,844
$332,271
7.18%
FHA MIP · $150
$21,996
580
Conventional, 5% down
$2,790
$16,920
$321,480
7.18%
PMI · $161
$27,072
620*
Conventional, 20% down, no PMI
$2,285
$67,680
$270,720
7.18%
None
$77,832
620*
ITIN, 15% down (example)
$2,598
$50,760
$287,640
8.18%
None
$60,912
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 Taneytown and for Carroll County.
Property tax
Effective rate in Taneytown
1.1%of the home’s value each year
$3,732 a year for the typical owner in Taneytown.
Taneytown1.1%
Carroll0.91%
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 Taneytown is $1,059 a month: 26% below the county. In Taneytown, 69% 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.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Carroll County (Fiscal year 2027)
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 Taneytown
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Taneytown is in ZIP code 21787.
For 2 bedrooms it is $1,260: $746 less than the fair market rent for Carroll County ($2,006).
Fair market rent by ZIP code and size in Taneytown, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
21787
$960
$1,020
$1,260
$1,580
$1,750
ZIP code2 bd3 bd
21787 $1,260$1,580
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Taneytown 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.
We found no HUD-approved agencies with an office in Carroll County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Taneytown or Carroll County. The ones below are statewide in Maryland: they work in Taneytown 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 Taneytown or Carroll 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 Taneytown 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 Taneytown?
The typical home value in Taneytown is $338,400, 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 Taneytown?
Typical rent in Taneytown is $1,059 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 Taneytown?
Taneytown 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 Taneytown?
The typical homeowner in Taneytown pays $3,732 a year, according to the U.S. Census Bureau. That is 1.1% of the home’s value; in Carroll County, the rate is 0.91%.
Where can I find free help to buy or rent in Taneytown?
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.
