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Rental Insights for ZIP Code 20785 (Hyattsville, MD)

Housing Rentals in ZIP Code 20785 (Hyattsville, MD)

20785 ZIP Code in Maryland

A Detailed Snapshot of Renters in the ZIP Code 20785

The 20785 ZIP Code is predominantly located in Hyattsville, MD in Prince George's County. The median housing rent in this Maryland region is estimated at $1,494 per month. Approximately 50.5% of housing units in this Prince George's County ZIP Code are occupied by renters, while the region has an estimated rental unit vacancy rate of 4.3%.

The median rent in ZIP Code 20785 of $1,494 per month is 7% higher than the aggregate Maryland median monthly rent of $1,392, and is 41% higher than the $1,062 the median monthly rent in the U.S. overall. In ZIP Code 20785, approximately 41.7% of residents pay between $1,000 and $1,499 per month for rent. That is 23% higher than in Maryland overall, in which 34.0% of total state residents pay between $1,000 and $1,499 per month for housing. Only 0.2% of renters in this Hyattsville, MD region pay $3,000 or more per month for rent.

ZIP Code 20785 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 20785

See the chart below for a comparison of monthly rental costs in ZIP Code 20785, Maryland, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 20785 along with those in the state of Maryland and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 20785

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 20785 Maryland U.S.
Less than $500 2.9% 7.4% 9.4%
$500 to $999 6.0% 16.2% 36.2%
$1,000 to $1,499 41.7% 34.0% 30.0%
$1,500 to $1,999 33.0% 26.4% 14.0%
$2,000 to $2,499 15.1% 10.5% 5.6%
$2,500 to $2,999 1.0% 3.4% 2.4%
$3,000 or more 0.2% 2.1% 2.4%

Rent Cost vs. Income in ZIP Code 20785

Renters in ZIP Code 20785 use an estimated 30.41% of their income to cover their monthly rent payments. That is about 1% higher than in Maryland overall. The estimate for Maryland overall is 30.05% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 20785 renters use about 2% more of their income to cover rent expense. Household income figures for ZIP Code 20785 come in lower than in Maryland as a whole. The median annual household income in ZIP Code 20785 of $73,363 sits approximately 13% lower than the overall Maryland median income of $84,805 and approximately 17% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 20785

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 20785, Maryland, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 20785 along with the same calculations in the state of Maryland and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 20785

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 20785 Maryland U.S.
Less than 15.0 percent 11.4% 11.5% 13.1%
15.0 to 19.9 percent 11.0% 12.9% 12.9%
20.0 to 24.9 percent 15.4% 13.8% 12.9%
25.0 to 29.9 percent 11.2% 12.1% 11.6%
30.0 to 34.9 percent 8.8% 9.1% 9.1%
35.0 percent or more 42.2% 40.6% 40.5%

Household Income in ZIP Code 20785

See the table below for the regional comparison of annual household income in ZIP Code 20785.

Income ZIP 20785 Maryland U.S.
Less than $10,000 5.4% 4.6% 6.0%
$10,000 to $14,999 2.2% 2.7% 4.3%
$15,000 to $24,999 6.7% 5.8% 8.9%
$25,000 to $34,999 6.7% 6.4% 8.9%
$35,000 to $49,999 10.8% 9.6% 12.3%
$50,000 to $74,999 19.3% 15.3% 17.2%
$75,000 to $99,999 17.4% 13.2% 12.7%
$100,000 to $149,999 19.1% 19.0% 15.1%
$150,000 to $199,999 7.4% 10.5% 6.8%
$200,000 or more 4.9% 12.7% 7.7%

Household Income in ZIP Code 20785

See the chart below for a comparison of annual household income figures in ZIP Code 20785, Maryland, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 20785 alongside the same figures for the state of Maryland and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 20785

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 20785.

ZIP 20785 Maryland U.S.
Median Housing Rent $1,494 $1,392 $1,062
Renter-Occupied Housing Units 50.5% 33.1% 36.0%
Rental Vacancy Rate 4.3% 6.0% 6.0%
Average Size of Renter-Occupied Unit 2.75 2.50 2.49
Average # of Bedrooms Per Unit 2.73 2.97 2.75
Percent of Income Spent on Rent 30.41% 30.05% 29.83%
Per Capita Income $32,663 $42,122 $34,103
Median Household Income $85,931 $111,417 $88,607
Living Below the Poverty Line 9.1% 6.1% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 20785

In ZIP Code 20785 (Hyattsville, MD), and estimated 50.5% of housing units are occupied by renters. This region has an approximate rental vacany rate of 4.3%.

The per capita income in 20785 is estimated at $32,663, which goes along with an estimated median household income of $85,931. About 9.1% of residents in this Prince George's County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.75 occupants, while the units have an aggregate average size of 2.73 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 30.41% of their income on housing rental costs.

Rental FAQs for ZIP Code 20785

1

What is the median monthly rent in ZIP Code 20785?

Median rent for housing in ZIP Code 20785 in Prince George's County in Maryland is approximately $1,494 per month.
2

Is it expensive to rent in ZIP Code 20785?

Rent in ZIP Code 20785 is higher than average in the state of Maryland overall. The median monthly rent of $1,494 in ZIP Code 20785 is approximately 7% higher than the Maryland median of $1,392. Additionally, median rent in this Hyattsville, MD region ($1,494) is about 41% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 20785?

High-priced rentals are less common in ZIP Code 20785 than in Maryland overall. The percentage of rentals in ZIP Code 20785 that cost $3,000 or more per month (0.2%) is about 90% lower than the Maryland rate of 2.1% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 92% higher than the aforementioned 20785 rate of 0.2%.
4

Are affordable rentals common in ZIP Code 20785?

Affordable rentals are less common in ZIP Code 20785 than in Maryland overall. The percentage of housing rentals in ZIP Code 20785 costing $999 or less per month (8.9%) is approximately 62% lower than the Maryland rate of 23.6% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 80% higher than the previously mentioned 20785 rate of 8.9%.
5

What is the most common cost range that rentals fall into in ZIP Code 20785?

The most common range for rental cost in ZIP Code 20785 is between $1,000 and $1,499 per month. About 41.7% of renters in 20785 pay in this range for monthly rent. In comparison, approximately 34.0% of renters in the state of Maryland fall in the between $1,000 and $1,499 range, and 30.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 20785 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 20785 is lower than the rental vacancy rate in the state of Maryland overall. Rental vacancy of 4.3% in ZIP Code 20785 is about 28% lower than the Maryland rate of 6.0%. Looking more broadly, rental vacancy in this Hyattsville, MD region (4.3%) is an estimated 28% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 20785? How does it compare to other Maryland regions?

Median household income in ZIP Code 20785 is lower than in the state of Maryland overall. Annual household income of $73,363 in ZIP Code 20785 is about 13% lower than the Maryland median of $84,805. Additionally, median household income in this Hyattsville, MD region ($73,363) is approximately 17% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 20785 spend on housing costs?

Renters in ZIP Code 20785 spend a higher amount of their income on rent costs than do renters in Maryland overall. Renters in ZIP Code 20785 spend an estimated 30.41% of their income on rent payments, which is about 1% higher than the overall Maryland estimated rate of 30.05%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 2% lower than the ZIP Code 20785 estimated rate of 30.41%.
9

Do renters in ZIP Code 20785 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 20785 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 20785 spending 30 percent or more of their income on rent costs (51%) is approximately 3% higher than the Maryland rate of 49.7% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 3% lower than the aforementioned 20785 rate of 51%.
10

What is the average household size of renter-occupied units in ZIP Code 20785?

The average household size of renter-occupied units in ZIP Code 20785 is higher than in the state of Maryland overall. Annual household size of 2.75 in ZIP Code 20785 is about 10% higher than the Maryland median of 2.50. Additionally, median household size in this Hyattsville, MD region (2.75) is approximately 10% higher than median household size of 2.49 in the U.S. as a whole.