Elkridge, Maryland.
Typical home $477,632 (-0.8% in a year), asking rent $2,379 (+5.0%). Baltimore-Columbia-Towson, MD metro.
to buy the typical home at today's mortgage rate — +$1,152 (+85%) since Jan 2020.
- 1 year
- Down $3,993 -1%
- $481,625$477,632 since Sep 2025
- 5 years
- Up $52,861 +12%
- $424,771$477,632 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Elkridge$2,507
- Maryland$2,230
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 30 years.
Typical home values in Elkridge, MD fell 0.8% over the past year — slower than the nation's +1.2%.
Asking rents in Elkridge, MD rose 5.0% over the past year — faster than the nation's +2.7%.
Owning the typical home in Elkridge runs $1,104/mo more than renting one. The gap peaked at $1,340 in Oct 2023.
That is $3,483 a month against $2,379 rent: a $2,507 mortgage payment, plus $465 property tax and $511 insurance & upkeep.
Owning vs renting — Elkridge
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,483
- Renting$2,379
- Mortgage only$2,507
Property tax · $465/mo 1.17% of value a year — the ACS 2020-2024 median bill over the median home value for Howard County, MD
Insurance & upkeep · $511/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Elkridge, Howard County, Maryland
Elkridge, in Howard County, had 25,171 people in the 2020 census. Half its households earn more than $139,913 a year and half less, against $149,763 across Howard County; 8% of its people live below the poverty line. 62% of its homes are lived in by their owners and 38% are rented. Unemployment in Howard County was 3.4% in August 2026, and the county had 0.2% fewer jobs in 2025 than the year before. The most residents work in professional services, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Elkridge is a community in Howard County, Maryland, with a population that skews younger than much of the country. Households earn somewhat less than across the county as a whole, though still comfortably well off, and most homes are lived in by their owners. A large share of adults hold a four-year degree, and a good number of residents work from home. Winters are cold and snowy, summers are hot, and rain and melted snow fall in good measure through the year.
Work. Residents work mostly in professional and business services, in schools, hospitals and social care, in government, and in shops. Within Elkridge itself, larger workplaces include Amazon, Northrop Grumman Systems and Central Garden & Pet. Unemployment across Howard County is lower than a year ago, though the number of jobs in the county has dipped slightly. The typical commute is a fairly long one.
Things to do. Baltimore is a short drive away, and it holds the Walters Art Museum, along with the ballpark and stadium at Oriole Park at Camden Yards and M&T Bank Stadium, names known well beyond the region. Washington is a longer drive, where the Smithsonian Institution's museums and the National Mall are among the best known places in the country.
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- 9,339households
- 59%of adults have a degree
- 8%below the poverty line
- 27 mintypical commute
- 23%work from home
What residents work in
Employed residents by industry, from the Census survey. Howard County had 173,088 jobs in 2025, 0.2% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 43° and lows near 25°; warmest in July, with highs near 89° and lows near 68°. About 19 inches of snow and 45 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Baltimore Wash International Airport weather station, 4 miles away (NOAA).
Largest workplaces in Elkridge
- Central Garden & Pet658
- Center for Social ChangeIntellectual and developmental disability facilities, residential596
- Northrop Grumman SystemsSearch detection navigation guidance aeronautical and nautical system and instrument manufacturing547
- Elite Spice: MontevideoSpice and extract manufacturing533
- AmazonGeneral warehousing and storage461
- Structural Preservation SystemsConcrete repair272
- Cox EnterprisesAutomobile and other motor vehicle merchant wholesalers212
- BrightviewLandscaping services162
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 53 workplaces with 20 or more staff, 6,268 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherRelatively high
- Strong windRelatively moderate
- LightningRelatively moderate
- Heat wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Elkridge’s census tracts, against the rest of the country; all of them together, very low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Howard County and the Baltimore-Columbia-Towson, MD metro.
Elkridge home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Elkridge$477,632
- Maryland$424,890
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Elkridge listings, and the typical home goes pending in 10 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Elkridge28.78%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Elkridge10
- United States24
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Elkridge82
New listings per month
Sellers arriving at the market.
- Elkridge33
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Elkridge$482,089
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Elkridge99.95%
Zip codes with a Elkridge address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Elkridge — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.