Real Estate Blog

As the capital of Maryland, Annapolis is known for its historic charm, the United States Naval Academy, and the Maryland State House. From landmarks like the William Paca House and Garden to the Annapolis Historic District, it’s not a shock that roughly 40,700 people live in Annapolis. If you’re considering buying a home in Annapolis, expect the median home sale price to be around $675,000, and the average rent for an apartment in Annapolis to be about $2,356. 

If those prices are out of your budget, don’t worry. At Redfin, we’ve collected the 10 most affordable Annapolis suburbs to consider moving to this year. And the best part is that they’re all less than 15 miles away from the city center. You’ll still be close enough to Annapolis to explore the city’s great neighborhoods without the price of living there.

Annapolis is the capital of the U.S. state of Maryland, as well as the county seat of Anne Arundel County.

#1: Parole

Median home price: $430,000 
Average sale price per square foot: $279 
Average rent for an apartment: $2,408
Distance from Annapolis: 4 miles
Parole, MD homes for sale
Parole, MD apartments for rent 

With a median home sale price of $430,000, Parole takes the number one spot on our list of affordable Annapolis suburbs. About a 4 mile drive away from downtown Annapolis, Parole is home to roughly 17,900 people. Living in Parole, you can visit one of the parks like Annapolis Waterworks Park, Broad Creek Park, or Bestgate Park.

#2: Pasadena

Median home price: $491,000 
Average sale price per square foot: $223 
Average rent for an apartment: $2,587 
Distance from Annapolis: 11 miles
Pasadena, MD homes for sale 
Pasadena, MD apartments for rent 

The second most affordable suburb in Annapolis is the town of Pasadena. Just about 11 miles from Annapolis, you can stroll through Quiet Waters Park in just a quick drive. Some popular activities in Pasadena include checking out Lake Waterford Park where you can find a lake, sports fields, and green spaces. When living in this suburb of 32,900 people, you can also spend the day visiting the charming downtown.

#3: Crofton

Median home price: $509,500 
Average sale price per square foot: $244 
Average rent for an apartment: $2,348
Distance from Annapolis: 14 miles
Crofton, MD homes for sale 
Crofton, MD apartments for rent 

Claiming the third spot is Crofton. Just 14 miles outside of Annapolis, you’ll find the home prices are much less expensive. Even with a population of about 29,600, there are plenty of cool areas to explore in Crofton. If you find yourself moving here, make sure to explore Crofton Park where you’ll find the Linthicum Walks and golf at one of the courses. 

#4: Arnold

Median home price: $510,000 
Average sale price per square foot: $252 
Average rent for an apartment: $2,370 
Distance from Annapolis: 5 miles
Arnold, MD homes for sale
Arnold, MD apartments for rent 

A little more expensive than Crofton is none other than Arnold. There are several top attractions you may want to check out in Annapolis suburb. So make sure to play a round of golf at one of the many courses or grab a meal by the water.

Waterfront view of US Naval Academy, Annapolis, Maryland

#5: Cape St. Claire

Median home price: $517,589 
Average sale price per square foot: $236 
Average rent for an apartment: $2,491 
Distance from Annapolis: 8 miles
Cape St. Claire, MD homes for sale 
Cape St. Claire, MD apartments for rent 

Drive 8 miles outside of Annapolis and you’ll find the suburb of Cape St. Claire, another great area to add to your list. Home to 9,200 residents, this affordable town can be a great choice for people looking to remain close to Annapolis without paying the price for a home in the city. In Cape St. Claire, you can enjoy the water views at Cape St. Claire Beach.

#6: Londontowne

Median home price: $549,000 
Average sale price per square foot: $230 
Average rent for an apartment: $4,066 
Distance from Annapolis: 6 miles
Londontowne, MD homes for sale 
Londontowne, MD apartments for rent 

A recognizable Annapolis suburb is Londontowne, where you’ll find the home prices are about $125,000 less than in Annapolis. With roughly 7,600 people calling Londontowne home, it’s a great area to consider buying a house in. You’ll have easy access to what makes this suburb unique, like checking out the Historic London Town & Gardens and exploring Edgewater Park.

#7: Stevensville

Median home price: $552,500 
Average sale price per square foot: $275 
Average rent for an apartment: $2,966 
Distance from Annapolis: 15 miles
Stevensville, MD homes for sale 
Stevensville, MD apartments for rent 

Coming in seventh place on our list of affordable Annapolis suburbs is Stevensville, which is only a 15 mile drive into downtown. With a population of about 7,400, Stevensville is a great area to live in that’s not nearly as big as Annapolis. If you find yourself moving to this suburb, make sure to grab a meal by the water, have a beach day at Cloverfield Beach, and explore the beautiful Terrapin Nature Park.

Maryland State House

#8: Edgewater

Median home price: $564,500 
Average sale price per square foot: $225 
Average rent for an apartment: $4,066 
Distance from Annapolis: 6 miles
Edgewater, MD homes for sale 
Edgewater, MD apartments for rent 

Living in Annapolis, it’s likely that you’ve heard of Edgewater, the eighth suburb on our list. Just about 9,400 residents call this affordable suburb home, so you’ll have a fraction of Annapolis’ population while remaining close to the city and its attractions. Living in Edgewater, be sure to have dinner at the pier, explore downtown Edgewater, and visit Edgewater Park.

#9: Mayo

Median home price: $600,000 
Average sale price per square foot: $318 
Distance from Annapolis: 11 miles
Mayo, MD homes for sale 
Mayo, MD apartments for rent

About 8,800 people live in our ninth suburb, Mayo, which is about 11 miles outside of the city. There are plenty of activities to do in Mayo. For example you can explore Beverly Triton Nature Park, enjoy a sunny day at Mayo Beach Park, or have a waterfront meal.

#10: Severna Park

Median home price: $710,000 
Average sale price per square foot: $275 
Average rent for an apartment: $2,715 
Distance from Annapolis: 8 miles
Severna Park, MD homes for sale 
Severna Park, MD apartments for rent 

Taking the last spot on our list of affordable Annapolis suburbs you’ll want to consider moving to is Severna Park. While the median home sale price is a little more expensive than Annapolis, the average sale price per square foot is about $25 less, meaning you may get more space for less. There is plenty to do on an afternoon or weekend while living in this charming town. For example, you can visit Olde Severna Park Community Beach, check out Kinder Farm Park, and explore the hiking trails and nature at Severn Run Natural Environment Area. 

Methodology: Affordability is based on whether a suburb’s median home sale price or average sale price per square foot is less than Annapolis and under a 15-mile drive from downtown Annapolis. Median home sale price data and average rent price from the Redfin Data Center during December 2023. Population data sourced from the United States Census Bureau.

This post first appeared on Redfin.com. To see the original, click here.