Glenwood / Parsons Ridge, MD

Neighborhood

Rent in Glenwood / Parsons Ridge

Median Gross Rent

$1,571

Rent-to-Income Ratio

24.2%

Renter Share

5.6%

Median Renter Income

$70,987

Avg Household Size

2.1

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 11.7%
$1,000-$1,500: 24.7%
$1,500-$2,000: 18.2%
$2,000-$2,500: 6.5%
$2,500+: 16.9%
No Cash Rent: 22.1%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 0.0%
20-30% (moderate): 71.4%
30-50% (cost-burdened): 0.0%
50%+ (severely cost-burdened): 6.5%
Not Computed: 22.1%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $121,892
Renter Households: $70,987

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 11.7%
$1,000-$1,500: 24.7%
$1,500-$2,000: 24.7%
$2,000-$2,500: 0.0%
$2,500+: 16.9%
No Cash Rent: 22.1%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Nearby Neighborhoods in Glenwood / Parsons Ridge

Neighborhood

Harford, MD

Bel Air South / Wakefield Meadows

Foxborough Farms / Willow Chase

Fountain Green Heights / Brierwood

Upper Crest Estates / Country Village

Emmorton / Kings Charter

Michaels Corner / Happy Knoll