How much is a home worth in ZIP code 21043?

The typical home in 21043 is worth $640,215, based on the Zillow Home Value Index.

Are home values rising in 21043?

Home values in 21043 are down 1.3% over the past year, and up 3.5% a year over five years.

What is the typical rent in 21043?

A typical home in 21043 rents for about $2,238 a month, a gross rental yield of 4.2%.

What is the property tax rate in 21043?

The effective property tax rate in 21043 is 1.1% — roughly $6,875 a year on a typical home.

ZIP code 21043 has a population of 48,525 and a median household income of $148,125.

HousingHandbookReference data

…

U.S. ZIP Code · MD21043

Howard County · Baltimore-Columbia-Towson, MD

Typical home value

$640,215^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -1.3%
5-year / yr: +3.5%
10-year / yr: +3.2%

Relative price

vs U.S.: +125.4%
vs metro: +31.3%
vs state: +42.1%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 21043 is worth $640,215 — 31.3% above the Baltimore-Columbia-Towson, MD median. Over the past year, values have fallen 1.3%. Homes here rent for a typical $2,238 a month — a 4.2% gross rental yield. The effective property tax rate is 1.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,238^[2]
Gross yield: 4.2%^[2]
Cap rate: 2.5%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.1%^[3]
Typical annual tax: $6,875^[3]

#Climate risk

FEMA National Risk Index ratings for Howard County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Low^[4]
Riverine flood: Relatively Moderate
Coastal flood: Very Low
Wildfire: Very Low
Drought: Relatively Moderate
Heat wave: Relatively Moderate
Hurricane: Relatively Low
Tornado: Relatively Low
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 48,525^[3]
Median household income: $148,125^[3]

#Migration

Household moves in and out of Howard County over a year, from IRS tax-return data.

Net migration: -1,203^[5]
Moved in: 11,543
Moved out: 12,746

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 9
Elementary: 5
Middle: 3
High: 1

Howard High
High · Grades 9–12 · Howard County Public Schools
1,529 students
Veterans Elementary
Elementary · Grades PK–5 · Howard County Public Schools
897 students
Bellows Spring Elementary
Elementary · Grades PK–5 · Howard County Public Schools
825 students
Ellicott Mills Middle
Middle · Grades 6–8 · Howard County Public Schools
721 students
Hollifield Station Elementary
Elementary · Grades K–5 · Howard County Public Schools
721 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.2%

Net yield (after ~40% expenses)2.5%

Annual rent$26,856

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$3,237

Loan principal$512,172

Down payment$128,043

Total interest paid$653,247

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.94

Monthly cost to own$4,342

Monthly rent$2,238

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 31st percentile^[1]
Rental yield: 5th percentile^[2]
Property tax: 75th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 21043?: The typical home in 21043 is worth $640,215, based on the Zillow Home Value Index.
Are home values rising in 21043?: Home values in 21043 are down 1.3% over the past year, and up 3.5% a year over five years.
What is the typical rent in 21043?: A typical home in 21043 rents for about $2,238 a month, a gross rental yield of 4.2%.
What is the property tax rate in 21043?: The effective property tax rate in 21043 is 1.1% — roughly $6,875 a year on a typical home.
Who lives in 21043?: ZIP code 21043 has a population of 48,525 and a median household income of $148,125.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

20765 vs 21043 →
Galesville CDP, MD
Typical home
$639,719
Gross yield
—
21120 vs 21043 →
MD
Typical home
$644,727
Gross yield
—
20758
Friendship CDP, MD
Typical home
$645,343
Gross yield
—
20779
Deale CDP, MD
Typical home
$650,764
Gross yield
—
21057
Carney CDP, MD
Typical home
$651,899
Gross yield
—
21401
Parole CDP, MD
Typical home
$628,197
Gross yield
4.4%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 21043 against any other ZIP — full side-by-side table.

Compare 21043 →

#Jump to section

U.S. ZIP Code · MD21043

Get more data on ZIPs like this

Get more data on ZIPs like this