How much is a home worth in ZIP code 21204?

The typical home in 21204 is worth $601,625, based on the Zillow Home Value Index.

Are home values rising in 21204?

Home values in 21204 are up 1.4% over the past year, and up 3.7% a year over five years.

What is the typical rent in 21204?

A typical home in 21204 rents for about $2,008 a month, a gross rental yield of 4.0%.

What is the property tax rate in 21204?

The effective property tax rate in 21204 is 0.8% — roughly $5,050 a year on a typical home.

ZIP code 21204 has a population of 19,845 and a median household income of $99,606.

HousingHandbookReference data

…

U.S. ZIP Code · MD21204

Baltimore County · Baltimore-Columbia-Towson, MD

Typical home value

$601,625^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.4%
5-year / yr: +3.7%
10-year / yr: +3.4%

Relative price

vs U.S.: +111.8%
vs metro: +23.4%
vs state: +33.5%

Price history

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

The typical home in 21204 is worth $601,625 — 23.4% above the Baltimore-Columbia-Towson, MD median. Over the past year, values have risen 1.4%. Homes here rent for a typical $2,008 a month — a 4.0% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

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

Monthly rent: $2,008^[2]
Gross yield: 4.0%^[2]
Cap rate: 2.4%^[2]

#Property tax

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

Effective tax rate: 0.8%^[3]
Typical annual tax: $5,050^[3]

#Climate risk

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

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

#Who lives here

Population: 19,845^[3]
Median household income: $99,606^[3]

#Migration

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

Net migration: -2,556^[5]
Moved in: 22,058
Moved out: 24,614

Schools

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

Public schools: 13
Elementary: 3
Middle: 0
High: 7

George W. Carver Center for Arts & Technology
High · Grades 9–12 · Baltimore County Public Schools
1,015 students
West Towson Elementary
Elementary · Grades PK–5 · Baltimore County Public Schools
407 students
Riderwood Elementary
Elementary · Grades K–5 · Baltimore County Public Schools
392 students
Ridge/Ruxton School
Other · Grades PK–12 · Baltimore County Public Schools
95 students
BCDC Educational Center
High · Grades 9–12 · Baltimore County Public Schools
52 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 yield4.0%

Net yield (after ~40% expenses)2.4%

Annual rent$24,099

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$3,042

Loan principal$481,300

Down payment$120,325

Total interest paid$613,871

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 ratio1.97

Monthly cost to own$3,965

Monthly rent$2,008

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: 40th percentile^[1]
Rental yield: 1st percentile^[2]
Property tax: 39th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 21204?: The typical home in 21204 is worth $601,625, based on the Zillow Home Value Index.
Are home values rising in 21204?: Home values in 21204 are up 1.4% over the past year, and up 3.7% a year over five years.
What is the typical rent in 21204?: A typical home in 21204 rents for about $2,008 a month, a gross rental yield of 4.0%.
What is the property tax rate in 21204?: The effective property tax rate in 21204 is 0.8% — roughly $5,050 a year on a typical home.
Who lives in 21204?: ZIP code 21204 has a population of 19,845 and a median household income of $99,606.

#Comparable ZIPs

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

21012 vs 21204 →
Arnold CDP, MD
Typical home
$601,021
Gross yield
5.4%
21409 vs 21204 →
Cape St. Claire CDP, MD
Typical home
$597,500
Gross yield
5.9%
21108
Severna Park CDP, MD
Typical home
$614,639
Gross yield
—
20723
North Laurel CDP, MD
Typical home
$588,191
Gross yield
4.3%
21082
Pleasant Hills CDP, MD
Typical home
$587,881
Gross yield
—
21054
Odenton CDP, MD
Typical home
$615,940
Gross yield
4.9%

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

Compare ZIPs

Pit ZIP 21204 against any other ZIP — full side-by-side table.

Compare 21204 →

#Jump to section

U.S. ZIP Code · MD21204

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