Average Rent in Maryland

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Current Versus Historical Maryland Rents

Maryland rentals average $1,475 for a studio rental to $3,250 for a 4-bedroom rental. The median price of all currently available listings is $2,400, or roughly $2 per square feet.
For the apartment units and housing in February 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $2,269 to $2,269. 1-bedroom rentals prices have increased by $12 (0.52%) year-over-year from $2,257 to $2,269. 2-bedroom rentals prices have increased by $234 (8.82%) year-over-year from $2,654 to $2,888. 3-bedroom rentals prices have increased by $230 (9.33%) year-over-year from $2,465 to $2,695. 4-bedroom rentals prices have increased by $168 (5.55%) year-over-year from $3,032 to $3,200. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 15.62% this month. 1-bedroom rents have gone up by 10.90% this month. 2-bedroom rents have gone up by 11.16% this month. 3-bedroom rents have gone up by 1.76% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Feb 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.07 $2,269 $2,269 (0.00%) $2,269 (0.00%)
1 BR $2.14 $2,269 $2,257 (0.52%) $2,269 (0.00%)
2 BR $1.95 $2,888 $2,654 (8.82%) $2,945 (-1.92%)
3 BR $1.79 $2,695 $2,465 (9.33%) $2,267 (18.90%)
4+ BR $1.73 $3,200 $3,032 (5.55%) $2,717 (17.79%)

Historical Rents in Maryland

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Maryland

There are a total of 37 cities nearby Maryland. The average rent in Maryland is currently $3,325 per month. A total of 10 cities nearby have an average rent lower than that. Our records show that Scranton, PA, with an average rent of $1,363, is the most affordable city nearby. In contrast, the most expensive city near Maryland is Westhampton Beach, NY. Monthly rents here are on average $35,000 per month.

Let's compare Maryland's rent against other top cities nearby by bedroom size. Typically, rent for studios in Maryland is 18.64% more expensive than other cities nearby. One bedrooms are about 39.39% more affordable. Two bedrooms in Maryland are about 62.36% more affordable. Finally, rent for three bedrooms are about 45.19% more affordable. Want more information? Check out the top 10 cities out of 37 total cities near Maryland in the following chart.
City Studio 1 Bed 2 Bed All
Wilmington, DE $1,250 $1,450 $2,025 $1,600
Allentown, PA $885 $1,095 $1,563 $1,600
Baltimore, MD $1,200 $1,250 $1,700 $1,800
Philadelphia, PA $1,290 $1,695 $1,850 $1,800
Frederick, MD N/A $1,548 $1,750 $2,300
Arlington, VA $1,940 $2,500 $3,476 $2,600
Washington, DC $1,908 $2,300 $2,950 $2,628
Alexandria, VA $2,020 $2,200 $2,831 $2,695
North Bethesda, MD N/A $2,300 $2,675 $2,800
Bethesda, MD $2,233 $2,661 $3,888 $3,557

Top Neighborhoods Near Maryland

There are a total of 71 neighborhoods in or near Maryland. Some of these neighborhoods include North Philadelphia East, Center City East, and Flatbush. We've included the top 30 neighborhoods out of 71 total neighborhoods in or near Maryland in the following chart.

The average rent for these 30 neighborhoods in or near Maryland is currently around $3,499 per month. A total of 16 neighborhoods have a lower average rent. Meaning, only fourteen neighborhoods have a higher average rent than $3,499. Interestingly, the neighborhoods' average rent is higher than Maryland's average rent, which is only $2,400. Out of all the neighborhoods in or near Maryland, Cobbs Creek has the most affordable average rent at $1,400 per month. Whereas, at $8,500 average rent per month, Ocean Beach is the most expensive neighborhood in or near Maryland. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North Philadelphia East, Philadelphia, PA $1,250 $1,495 $1,700 $1,685
Center City East, Philadelphia, PA $1,220 $2,018 $2,623 $2,090
Flatbush, New York, NY $2,618 $2,785 $3,050 $2,958
East Harlem, New York, NY $3,200 $2,873 $3,173 $3,200
Bedford-Stuyvesant, New York, NY $2,467 $2,895 $3,200 $3,200
Harlem, New York, NY $2,673 $2,848 $3,195 $3,275
Bushwick, New York, NY $2,795 $3,172 $3,300 $3,300
Crown Heights, New York, NY $2,851 $3,100 $3,562 $3,395
West Harlem, New York, NY $2,575 $2,750 $3,450 $3,600
Long Island City, New York, NY $3,300 $3,900 $5,800 $4,001
Murray Hill, New York, NY $3,475 $4,377 $6,563 $4,050
Upper East Side, New York, NY $3,395 $4,150 $5,450 $4,078
Little Italy, New York, NY $3,500 $4,000 $5,395 $4,200
Hell's Kitchen, New York, NY $3,500 $4,024 $6,032 $4,240
Prospect Heights, New York, NY $3,635 $4,390 $5,795 $4,300
Downtown Brooklyn, New York, NY $3,381 $4,267 $5,616 $4,324
Kips Bay, New York, NY $3,850 $3,995 $5,475 $4,420
Financial District, New York, NY $3,500 $4,651 $6,385 $4,441
Upper West Side, New York, NY $3,329 $4,500 $6,750 $4,561
East Village, New York, NY $3,150 $3,795 $5,101 $4,650
Hudson Yards, New York, NY $3,615 $4,652 $6,973 $4,681
Williamsburg, New York, NY $3,827 $4,723 $5,900 $5,000
Midtown East, New York, NY $3,495 $4,600 $6,300 $5,150
Midtown, New York, NY $3,675 $4,500 $6,950 $5,217
Chelsea, New York, NY $4,205 $5,482 $8,009 $5,295
Lower East Side, New York, NY $3,749 $3,995 $5,495 $5,299
West Village, New York, NY $4,495 $5,400 $6,650 $5,300
Greenwich Village, New York, NY $4,200 $5,700 $5,500 $5,650
NoMad, New York, NY $4,444 $5,768 $8,822 $5,683
Gramercy Park, New York, NY $3,650 $5,568 $5,728 $5,700

Top Counties Near Maryland

There are a total of 71 counties located by Maryland. Some of these counties include Baltimore, MD, 13, MD, and Arlington, VA. The average rent for rentals in these counties is $3,180. That's roughly around $3 per sqft. A total of 10 counties have a lower average rent. The county that is the most affordable is Scranton, PA. It's average rent per month is $1,363. Vice versa, with an average rent of $50,000, East Hampton, NY is the most expensive county by Maryland.

Typically, rent for studios in Maryland is 18.64% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Maryland is 40.15% more affordable than other counties nearby. Finally, rent for two bedrooms in Maryland is 46.59% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Baltimore, MD $1,200 $1,250 $1,700 $1,800
13, MD $1,734 $1,900 $2,250 $2,269
Arlington, VA $1,940 $2,500 $3,476 $2,600
Washington, DC $1,908 $2,300 $2,950 $2,628
Alexandria, VA $2,020 $2,200 $2,831 $2,695
9, MD $1,400 $1,867 $2,275 $2,700
Providence, VA N/A $2,025 $2,738 $2,825
4, MD $1,523 $2,208 $2,600 $2,850
Sully, VA N/A $2,057 $2,604 $2,900
7, MD $2,134 $2,661 $3,871 $3,706

Top Zipcodes Near Maryland

There are a total of 14 zipcodes in or near Maryland. The average rent for all of these zipcodes is $2,385. A total of 7 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 19144, Philadelphia, PA at $1,541 per month. In comparison, the zipcode with the most expensive average rent of $4,721 per month is 10023, New York, NY.

Studios in these zipcodes have an average rent of $1,593. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Maryland is $2,261 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,838 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in Maryland. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10128, New York, NY $3,350 $4,170 $5,464 $4,000
10023, New York, NY $3,412 $5,070 $8,215 $4,721
19104, Philadelphia, PA $1,184 $2,240 $1,650 $1,720
22201, Arlington, VA $2,073 $2,516 $3,750 $2,600
11375, New York, NY $2,665 $2,600 $3,500 $2,995
10035, New York, NY $2,531 $2,750 $3,000 $2,967
19144, Philadelphia, PA $1,200 $1,513 $1,700 $1,541
19128, Philadelphia, PA $1,425 $1,550 $1,650 $1,663
22314, Alexandria, VA $2,063 $2,283 $3,150 $2,776
19145, Philadelphia, PA N/A $1,288 $1,673 $1,750

Frequently Asked Questions - Maryland Average Rents

What is the average rent price in Maryland?
The average monthly rental price for Maryland apartments for rent is approximately $2,400. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Maryland rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Maryland.
How much is a studio apartment in Maryland?
The average monthly rental price for studio apartments is $1,475 and an average price per square feet of $3.07. There are a total of 45 studio apartment listings currently available for rent in Maryland.
How much is a one bedroom apartment in Maryland?
The average monthly rental price for one bedroom apartments is $1,650 and an average price per square feet of $2.14. There are a total of 349 one bedroom apartment listings currently available for rent in Maryland.
How much is a two bedroom apartment in Maryland?
The average monthly rental price for two bedroom apartments is $2,030 and an average price per square feet of $1.95. There are a total of 638 two bedroom apartment listings currently available for rent in Maryland.
How have rent prices in Maryland changed this year?
Rent prices for rentals in Maryland can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by 0.09% year-over-year.
What is a reasonable rent price in Maryland?
A reasonable rent price in Maryland is around $1,920/month. You can search for these reasonably priced rental listings on RentHop.
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