Mortgage Rates in Odenton, Maryland — March 2026
Updated March 2026 | Based on Odenton market data and regional lending conditions
Odenton is a growing city in Maryland with a population of 42,258. The current 30-year fixed mortgage rate in Odenton is 6.67%, which is 0.02% above the national average. With a median home price of $317,000 and a 20% down payment of $63,400, homebuyers can expect a monthly principal and interest payment of approximately $1,631.
Current Mortgage Rates in Odenton, MD
Below are the current average mortgage rates available in the Odenton area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.67% | 6.65% | +0.02% |
| 15-Year Fixed | 5.93% | 5.89% | +0.04% |
| 5/1 ARM | 6.2% | 6.15% | +0.05% |
| FHA | 6.46% | 6.25% | +0.21% |
| VA | 6.21% | 6.05% | +0.16% |
| Jumbo | 6.92% | 6.85% | +0.07% |
Odenton Housing Market Overview
The Odenton housing market reflects moderate demand with prices near the national average. The median household income in Odenton is $77,500, and the cost of living index is 110.2 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $81,686 to comfortably afford the median-priced home in Odenton, which exceeds the current median household income.
Monthly Payment Breakdown for Odenton
Based on the median home price of $317,000 with 20% down ($63,400), here is what you can expect to pay monthly in Odenton:
15-Year vs. 30-Year Mortgage in Odenton
Choosing a 15-year mortgage in Odenton at 5.93% instead of a 30-year at 6.67% would save you $203,760 in total interest over the life of the loan. However, your monthly payment would be $2,130 instead of $1,631 — an increase of $499 per month.
Calculate Your Odenton Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Odenton
What are the current mortgage rates in Odenton, MD?
As of March 2026, the average 30-year fixed mortgage rate in Odenton, Maryland is 6.67%, while the 15-year fixed rate is 5.93%. FHA loans average 6.46% and VA loans 6.21%. These rates are 0.02% above the national average of 6.65%.
How much is a monthly mortgage payment in Odenton?
Based on the median home price of $317,000 with 20% down, the estimated monthly mortgage payment in Odenton is $1,631 for principal and interest. Including property taxes of $275/month, the total monthly housing cost is approximately $1,906.
What income do I need to buy a home in Odenton?
Using the 28% rule, you would need an annual income of approximately $81,686 to afford the median-priced home in Odenton at $317,000. The median household income in Odenton is $77,500. This means most households would need to either earn above the median or consider homes below $317,000.
Is Odenton a good place to buy a home in 2026?
Odenton has a moderate cost of living with a cost of living index of 110.2 (national average = 100). The property tax rate in Maryland is 1.04%, which is near the national average. Odenton has a population of 42,258 and offers a balanced lifestyle.
Mortgage Rates in Other Maryland Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Odenton, Maryland area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.