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Lanham CDP, MD

ZIP 20706 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 20706

Median Home Value
$408,600
Median Rent
$1,680
Affordability Snapshot
$112,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,625/mo PITI).

20%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

20.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 20706 in Lanham CDP, MD, a household would need roughly $112,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,625. That is roughly in line with the local median household income ($100,061). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
72.0%+10% vs US avg
x
Vacancy Rate
4.1%-60% vs US avg
x
Broadband Access
93.6%+8% vs US avg
x
4+ Bedrooms
15.3%+3% vs US avg
x
Built Pre-1939
1.5%-88% vs US avg
x
Built Post-2014
2.0%-71% vs US avg
x
Rent Burden >30%
18.7%-62% vs US avg
x
Mortgage-Free
27.7%-27% vs US avg
x
$408,600
Home Value
$1,680
Rent
1971
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached66.1%
  • 1-unit attached13.7%
  • 2-9 units5.2%
  • 10+ units14.5%
  • Mobile home & other0.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$408,600
Median rent$1,680
Owner-occupied72.0%
Vacant4.1%
Price-to-income4.1x
Est. income to buy$112,000