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Arden on the Severn

Learn about the people, housing, costs and businesses in Arden on the Severn, Maryland

Median Home$606,600
Median Rent$2,427/month
Population1,901
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services13% arts, food & hospitality
Home Value Growth⬆⬆+19.7% over 2 years
Retirees22% of residentsnear the national average
Homeowners86% of occupied units
NotableVeteran Community14% of residents · top 3% nationally
NotableHigh Incomes$152k/year · top 4% nationally
Arden on the Severn
MD

Explore Arden on the Severn

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Arden on the Severn?

As of today, the 30-year fixed mortgage rate for Arden on the Severn is approximately 6.900% (6.936% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Arden on the Severn
What is the median home price in Arden on the Severn?

The median home value in Arden on the Severn is $607k. The median monthly rent is $2,427. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Arden on the Severn?

Home values in Arden on the Severn have increased 19.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Arden on the Severn?

Based on a typical all-in ownership cost of $2,454/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $105k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Arden on the Severn is $152k/year.

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What industries drive the economy in Arden on the Severn?

The largest employment sectors in Arden on the Severn are healthcare (16%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.