How much do homeowners pay a month in South Laurel, MD?
Homeowners with a mortgage in South Laurel, MD pay a median of $2,588 (±$89) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $856 (±$87).
75.2% of owned homes carry a mortgage.
In South Laurel, the median monthly cost with a mortgage went from $2,322 in 2015–2019 to $2,588 in 2020–2024 (+11.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- With a mortgage
- $2,588 (±$89)
- Without a mortgage
- $856 (±$87)
- Owned with a mortgage
- 75.2%
Monthly owner costs in South Laurel
| South Laurel | Prince George's County | Maryland | United States | |
|---|---|---|---|---|
| With a mortgage | $2,588 (±$89) | $2,456 (±$22) | $2,347 (±$8) | $1,963 |
| Without a mortgage | $856 (±$87) | $823 (±$13) | $753 (±$4) | $638 |
| Owned homes with a mortgage | 75.2% (±4.5 points) | 78.2% (±0.7 points) | 71.0% (±0.3 points) | 60.6% |
| Median real estate taxes (a year) | $5,340 (±$286) | $4,771 (±$45) | $4,093 (±$21) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In South Laurel, the median cost with a mortgage is higher than in Prince George's County ($2,456).
It is also higher than in Maryland ($2,347).
It is higher than the national figure ($1,963).
In Prince George's County, South Laurel ranks 27 of 79 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 129 of 381.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in South Laurel have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $2,322 (±$127) | $2,588 (±$89) | +11.5% | Down after inflation |
| Median real estate taxes | $4,248 (±$152) | $5,340 (±$286) | +25.7% | No measurable change after inflation |
| Median home value | $343,500 (±$8,243) | $458,100 (±$11,868) | +33.4% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near South Laurel
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| South Laurel | — | $2,588 (±$89) | — |
| Laurel | 2.5 mi | $2,311 (±$125) | Lower |
| Konterra | 3.2 mi | $2,949 (±$272) | Higher |
| Maryland City | 3.5 mi | $2,295 (±$89) | Lower |
| Beltsville | 4.3 mi | $2,360 (±$86) | Lower |
| West Laurel | 4.5 mi | $2,907 (±$183) | Higher |
| North Laurel | 4.7 mi | $2,661 (±$119) | Not measurably different |
| Greenbelt | 5.1 mi | $2,085 (±$183) | Lower |
| Seabrook | 5.5 mi | $2,425 (±$116) | Lower |
Nearby places with a measurably lower figure: Laurel, MD ($2,311), Maryland City, MD ($2,295), Beltsville, MD ($2,360).
Nearby places with a measurably higher figure: Konterra, MD ($2,949), West Laurel, MD ($2,907).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Prince George's County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 21 | Hyattsville | $2,700 (±$185) |
| 22 | Brown Station | $2,652 (±$333) |
| 23 | Bowie | $2,644 (±$72) |
| 24 | Berwyn Heights | $2,642 (±$234) |
| 25 | Riverdale Park | $2,620 (±$170) |
| 26 | Cheverly | $2,612 (±$229) |
| 27 | South Laurel | $2,588 (±$89) |
| 28 | Lake Arbor | $2,581 (±$185) |
| 29 | Mount Rainier | $2,575 (±$240) |
| 30 | Clinton | $2,561 (±$84) |
| 31 | Croom | $2,547 (±$642) |
| 32 | Brentwood | $2,495 (±$308) |
| 33 | Seabrook | $2,425 (±$116) |
Showing 13 of 79 places in Prince George's County, ranked from highest to lowest.
South Laurel is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in South Laurel
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for South Laurel beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near South Laurel, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near South Laurel, and send estimates and invoices from your phone.
Questions about South Laurel
What is the average mortgage payment in South Laurel?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in South Laurel, MD is $2,588 (±$89) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in South Laurel?
Owners without a mortgage in South Laurel pay a median of $856 (±$87) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in South Laurel gone up?
In South Laurel, the median monthly cost with a mortgage went from $2,322 in 2015–2019 to $2,588 in 2020–2024 (+11.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — South Laurel CDP, Maryland
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — South Laurel CDP, Maryland
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — South Laurel CDP, Maryland
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — South Laurel CDP, Maryland
- Median Value (B25077), 2015–2019 ACS 5-year estimates — South Laurel CDP, Maryland
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for South Laurel CDP, Maryland (place:73650, in state:24).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in South Laurel at a glance
- Median rent in South Laurel
- Rent by bedrooms in South Laurel
- Rent burden in South Laurel
- Renters and owners in South Laurel
- Income and affordability in South Laurel
- Home values in South Laurel
- Property taxes in South Laurel
- Types of homes in South Laurel
- Bedrooms in South Laurel
- Age of homes in South Laurel
- Vacancy rate in South Laurel
- Heating fuel in South Laurel
- Commute and cars in South Laurel
- Population growth in South Laurel
- How long people stay in South Laurel
- Crowding and facilities in South Laurel
- Fair Market Rent in South Laurel
- Maryland landlord and tenant rules
- Housing across Prince George's County
- Housing data for every place in Maryland