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Rental Insights for ZIP Code 21773 (Myersville, MD)

Housing Rentals in ZIP Code 21773 (Myersville, MD)

21773 ZIP Code in Maryland

A Detailed Snapshot of Renters in the ZIP Code 21773

The 21773 ZIP Code is predominantly located in Myersville, MD in Frederick County. The median housing rent payment in this Maryland region is $1,031 per month. Approximately 5.5% of housing units in this Frederick County ZIP Code are occupied by renters, while the region has an estimated rental unit vacancy rate of 9.6%.

The median rent in ZIP Code 21773 of $1,031 per month is 26% lower than the aggregate Maryland median monthly rent of $1,392, and is 3% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 32.3% of residents in ZIP Code 21773 have a monthly rent payment between $500 and $999. That is 99% higher than in Maryland overall, in which 16.2% of total state residents pay between $500 and $999 per month for housing. Only 13.5% of renters in this Myersville, MD region pay between $2,000 and $2,499 per month for rent.

ZIP Code 21773 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 21773

See the chart below for a comparison of monthly rental costs in ZIP Code 21773, Maryland, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 21773 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 21773

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

Cost ZIP 21773 Maryland U.S.
Less than $500 16.7% 7.4% 9.4%
$500 to $999 32.3% 16.2% 36.2%
$1,000 to $1,499 21.9% 34.0% 30.0%
$1,500 to $1,999 15.6% 26.4% 14.0%
$2,000 to $2,499 13.5% 10.5% 5.6%
$2,500 to $2,999 0.0% 3.4% 2.4%
$3,000 or more 0.0% 2.1% 2.4%

Rent Cost vs. Income in ZIP Code 21773

Renters in ZIP Code 21773 use an estimated 25.71% of their income to cover their monthly rent payments. That is about 14% lower 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 21773 renters use about 14% less of their income to cover rent expense. Household income figures for ZIP Code 21773 come in higher than in Maryland as a whole. The median annual household income in ZIP Code 21773 of $105,519 sits approximately 24% higher than the overall Maryland median income of $84,805 and approximately 68% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 21773

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 21773, 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 21773 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 21773

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

Rent Cost as % of Income ZIP 21773 Maryland U.S.
Less than 15.0 percent 16.7% 11.5% 13.1%
15.0 to 19.9 percent 24.0% 12.9% 12.9%
20.0 to 24.9 percent 7.3% 13.8% 12.9%
25.0 to 29.9 percent 15.6% 12.1% 11.6%
30.0 to 34.9 percent 15.6% 9.1% 9.1%
35.0 percent or more 20.8% 40.6% 40.5%

Household Income in ZIP Code 21773

See the table below for the regional comparison of annual household income in ZIP Code 21773.

Income ZIP 21773 Maryland U.S.
Less than $10,000 1.6% 4.6% 6.0%
$10,000 to $14,999 0.7% 2.7% 4.3%
$15,000 to $24,999 2.8% 5.8% 8.9%
$25,000 to $34,999 5.0% 6.4% 8.9%
$35,000 to $49,999 4.6% 9.6% 12.3%
$50,000 to $74,999 17.6% 15.3% 17.2%
$75,000 to $99,999 15.4% 13.2% 12.7%
$100,000 to $149,999 24.5% 19.0% 15.1%
$150,000 to $199,999 11.4% 10.5% 6.8%
$200,000 or more 16.4% 12.7% 7.7%

Household Income in ZIP Code 21773

See the chart below for a comparison of annual household income figures in ZIP Code 21773, Maryland, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 21773 alongside the same figures for the state of Maryland and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 21773

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 21773.

ZIP 21773 Maryland U.S.
Median Housing Rent $1,031 $1,392 $1,062
Renter-Occupied Housing Units 5.5% 33.1% 36.0%
Rental Vacancy Rate 9.6% 6.0% 6.0%
Average Size of Renter-Occupied Unit 2.27 2.50 2.49
Average # of Bedrooms Per Unit 3.5 2.97 2.75
Percent of Income Spent on Rent 25.71% 30.05% 29.83%
Per Capita Income $45,446 $42,122 $34,103
Median Household Income $127,309 $111,417 $88,607
Living Below the Poverty Line 2.8% 6.1% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 21773

In ZIP Code 21773 (Myersville, MD), and estimated 5.5% of housing units are occupied by renters. This region has an approximate rental vacany rate of 9.6%.

The per capita income in 21773 is estimated at $45,446, which goes along with an estimated median household income of $127,309. About 2.8% of residents in this Frederick County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.27 occupants, while the units have an aggregate average size of 3.5 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 25.71% of their income on housing rental costs.

Rental FAQs for ZIP Code 21773

1

What is the median monthly rent in ZIP Code 21773?

Median rent for housing in ZIP Code 21773 in Frederick County in Maryland is approximately $1,031 per month.
2

Is it expensive to rent in ZIP Code 21773?

Rent in ZIP Code 21773 is lower than average in the state of Maryland overall. The median monthly rent of $1,031 in ZIP Code 21773 is approximately 26% lower than the Maryland median of $1,392. Additionally, median rent in this Myersville, MD region ($1,031) is about 3% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 21773?

High-priced rentals are not common in the Myersville, MD ZIP Code of 21773, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Maryland overall, approximately 2.1% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 21773?

Affordable rentals are more common in ZIP Code 21773 than in Maryland overall. The percentage of housing rentals in ZIP Code 21773 costing $999 or less per month (49%) is approximately 108% higher 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 7% lower than the previously mentioned 21773 rate of 49%.
5

What is the most common cost range that rentals fall into in ZIP Code 21773?

The most common range for rental cost in ZIP Code 21773 is between $500 and $999 per month. About 32.3% of renters in 21773 pay in this range for monthly rent. In comparison, approximately 16.2% of renters in the state of Maryland fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 21773 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 21773 is higher than the rental vacancy rate in the state of Maryland overall. Rental vacancy of 9.6% in ZIP Code 21773 is about 60% higher than the Maryland rate of 6.0%. Looking more broadly, rental vacancy in this Myersville, MD region (9.6%) is an estimated 60% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 21773? How does it compare to other Maryland regions?

Median household income in ZIP Code 21773 is higher than in the state of Maryland overall. Annual household income of $105,519 in ZIP Code 21773 is about 24% higher than the Maryland median of $84,805. Additionally, median household income in this Myersville, MD region ($105,519) is approximately 68% 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 21773 spend on housing costs?

Renters in ZIP Code 21773 spend a lower amount of their income on rent costs than do renters in Maryland overall. Renters in ZIP Code 21773 spend an estimated 25.71% of their income on rent payments, which is about 14% lower 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 14% higher than the ZIP Code 21773 estimated rate of 25.71%.
9

Do renters in ZIP Code 21773 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 21773 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 21773 spending 30 percent or more of their income on rent costs (36.4%) is approximately 27% lower 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 27% higher than the aforementioned 21773 rate of 36.4%.
10

What is the average household size of renter-occupied units in ZIP Code 21773?

The average household size of renter-occupied units in ZIP Code 21773 is lower than in the state of Maryland overall. Annual household size of 2.27 in ZIP Code 21773 is about 9% lower than the Maryland median of 2.50. Additionally, median household size in this Myersville, MD region (2.27) is approximately 9% lower than median household size of 2.49 in the U.S. as a whole.