Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Chesapeake Ranch Estates

Learn about the people, housing, costs and businesses in Chesapeake Ranch Estates, Maryland

Median Home$311,205
Median Rent$1,798/month
Population10,317
Leading IndustriesArts, Food & Hospitality · Professional Services · Information & Media8% arts, food & hospitality
Home Value Growth⬆⬆⬆+21.5% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners90% of occupied units
NotableTransit82/100 · excellent transit access
NotableVeteran Community10% of residents · top 14% nationally
Chesapeake Ranch Estates
MD

Explore Chesapeake Ranch Estates

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

Frequently Asked Questions

What are today's mortgage rates in Chesapeake Ranch Estates?

As of today, the 30-year fixed mortgage rate for Chesapeake Ranch Estates is approximately 6.958% (6.996% 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 Chesapeake Ranch Estates
What is the median home price in Chesapeake Ranch Estates?

The median home value in Chesapeake Ranch Estates is $311k. The median monthly rent is $1,798. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Chesapeake Ranch Estates?

Home values in Chesapeake Ranch Estates have increased 21.5% 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 Chesapeake Ranch Estates?

Based on a typical all-in ownership cost of $1,779/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $76k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Chesapeake Ranch Estates is $101k/year.

Calculate your buying power
What industries drive the economy in Chesapeake Ranch Estates?

The largest employment sectors in Chesapeake Ranch Estates are public administration (24%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.