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Preston, MD
Full City Profile · Maryland · Caroline County County
3.2
/5.0
B
Good
794
Population
1,444/sq mi density
$69,375
Median Income
$38,373 per capita
$248,100
Home Value
$327,987 Zillow
$1,406
Median Rent
51.0% income on rent
55°F
Avg Temperature
293 sunny days/yr
97
Violent Crime/100K
2,714 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$69,375 median income, 0.5% unemployment
A+
Affordability
4.7 / 5.0
$248,100 home value, $1,406/mo rent
F
Safety
1.0 / 5.0
97 violent crimes/100K
C+
Education
2.9 / 5.0
23.2% bachelor's degree or higher
Housing Overview
Median Home Value
$248,100
12% below
US avg: $281,900
Median Rent
$1,406/mo
21% above
US avg: $1,163/mo
Homeownership Rate
71.3%
9% above US avg (65.4%)
Total Housing Units
321
Median year built: 1955
Home Value by Source
Census Median
$248,100
Zillow (ZHVI)
$327,987
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
71.3%
Owner-Occupied
28.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Census median rent:
$1,406/mo
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
71.3%
Complete Housing Data
Home Values
| Census Median Value | $248,100 |
| Zillow Home Value (ZHVI) | $327,987 |
Rent
| Census Median Rent | $1,406 |
| FMR Studio | $1,312 |
| FMR 1-Bedroom | $1,400 |
| FMR 2-Bedroom | $1,648 |
| FMR 3-Bedroom | $2,123 |
| FMR 4-Bedroom | $2,442 |
Market
Ownership & Stock
| Owner-Occupied | 71.3% |
| Renter-Occupied | 28.7% |
| Homeownership Rate | 71.3% |
| Total Housing Units | 321 |
| Median Year Built | 1955 |
| Rent Burden | 51.0% |