Average Rent in Maryland

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Current Versus Historical Maryland Rents

Maryland rentals average $1,849 for a studio rental to $3,200 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 January 2025, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $149 (-6.63%) year-over-year from $2,246 to $2,097. 1-bedroom rentals prices have decreased by $246 (-10.94%) year-over-year from $2,246 to $2,000. 2-bedroom rentals prices have decreased by $521 (-20.65%) year-over-year from $2,521 to $2,000. 3-bedroom rentals prices have increased by $206 (8.42%) year-over-year from $2,444 to $2,650. 4-bedroom rentals prices have increased by $197 (6.56%) year-over-year from $2,998 to $3,195. 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 7.47% this month. 1-bedroom rents have gone up by 2.23% this month. 2-bedroom rents have gone down by 13.14% this month. 3-bedroom rents have gone up by 0.95% this month. 4-bedroom rents have gone down by 0.05% this month.

Beds	Price / Sqft	Jan 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.93	$2,097	$2,246 (-6.63%)	$2,269 (-7.58%)
1 BR	$2.05	$2,000	$2,246 (-10.94%)	$2,269 (-11.86%)
2 BR	$1.95	$2,000	$2,521 (-20.65%)	$2,954 (-32.30%)
3 BR	$1.75	$2,650	$2,444 (8.42%)	$2,258 (17.39%)
4+ BR	$1.70	$3,195	$2,998 (6.56%)	$2,617 (22.10%)

Historical Rents in Maryland

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Maryland

There are a total of 32 cities nearby Maryland. The average rent in Maryland is currently $3,288 per month. A total of 8 cities nearby have an average rent lower than that. Our records show that Scranton, PA, with an average rent of $1,350, 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 22.23% more expensive than other cities nearby. One bedrooms are about 49.54% more affordable. Two bedrooms in Maryland are about 66.13% more affordable. Finally, rent for three bedrooms are about 50.75% more affordable. Want more information? Check out the top 10 cities out of 32 total cities near Maryland in the following chart.

City	Studio	1 Bed	2 Bed	All
Allentown, PA	$923	$1,113	$1,550	$1,563
Baltimore, MD	$1,375	$1,250	$1,700	$1,790
Philadelphia, PA	$1,250	$1,745	$1,825	$1,845
Bethlehem, PA	N/A	$1,350	$1,980	$1,850
Alexandria, VA	$2,000	$2,305	$2,667	$2,451
Washington, DC	$2,038	$2,374	$3,295	$2,705
Arlington, VA	$2,118	$2,516	$3,350	$2,771
Bethesda, MD	$2,233	$2,789	$3,899	$3,640
North Bethesda, MD	$2,166	$2,709	$4,898	$4,849
Manasquan, NJ	N/A	$2,875	$3,750	$5,500

Top Neighborhoods Near Maryland

There are a total of 72 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 72 total neighborhoods in or near Maryland in the following chart.

The average rent for these 30 neighborhoods in or near Maryland is currently around $3,960 per month. A total of 13 neighborhoods have a lower average rent. Meaning, only seventeen neighborhoods have a higher average rent than $3,960. 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, North Philadelphia East has the most affordable average rent at $1,600 per month. Whereas, at $9,925 average rent per month, SoHo 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	$1,100	$1,335	$1,700	$1,600
Center City East, Philadelphia, PA	$1,115	$1,800	$2,898	$2,030
Flatbush, New York, NY	$2,635	$2,750	$3,200	$2,999
Bedford-Stuyvesant, New York, NY	$2,500	$2,995	$3,075	$3,150
East Harlem, New York, NY	$3,210	$2,864	$3,150	$3,250
Harlem, New York, NY	$2,598	$2,822	$3,250	$3,321
Crown Heights, New York, NY	$2,842	$2,900	$3,791	$3,333
Bushwick, New York, NY	$2,795	$3,222	$3,400	$3,400
West Harlem, New York, NY	$2,400	$2,795	$3,450	$3,484
Long Island City, New York, NY	$3,300	$3,840	$5,680	$4,008
Murray Hill, New York, NY	$3,350	$4,300	$6,722	$4,150
Upper East Side, New York, NY	$3,350	$4,153	$5,800	$4,195
Financial District, New York, NY	$3,525	$4,594	$6,400	$4,300
Downtown Brooklyn, New York, NY	$3,447	$4,264	$5,818	$4,346
Prospect Heights, New York, NY	$3,585	$4,398	$4,898	$4,350
Hell's Kitchen, New York, NY	$3,488	$4,055	$5,858	$4,399
Kips Bay, New York, NY	$3,615	$3,995	$5,445	$4,495
East Village, New York, NY	$2,750	$3,695	$4,495	$4,495
Lower East Side, New York, NY	$3,413	$3,550	$4,595	$4,598
Upper West Side, New York, NY	$3,014	$4,493	$6,995	$4,695
Little Italy, New York, NY	$3,150	$4,250	$5,430	$4,750
Williamsburg, New York, NY	$3,722	$4,575	$5,400	$4,826
Hudson Yards, New York, NY	$3,500	$4,573	$6,795	$4,862
Midtown East, New York, NY	$3,400	$4,500	$6,075	$4,950
Midtown, New York, NY	$3,675	$4,497	$7,500	$5,050
Chelsea, New York, NY	$3,878	$5,473	$7,600	$5,229
West Village, New York, NY	$4,642	$5,400	$8,750	$5,350
Gramercy Park, New York, NY	$3,750	$5,500	$5,695	$5,600
Greenwich Village, New York, NY	$4,000	$5,700	$6,950	$5,600
NoMad, New York, NY	$4,448	$5,662	$8,738	$5,768

Top Counties Near Maryland

There are a total of 72 counties located by Maryland. Some of these counties include Allentown, PA, Baltimore, MD, and Philadelphia, PA. The average rent for rentals in these counties is $3,450. That's roughly around $3 per sqft. A total of 8 counties have a lower average rent. The county that is the most affordable is Scranton, PA. It's average rent per month is $1,350. 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 1.10% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Maryland is 53.46% more affordable than other counties nearby. Finally, rent for two bedrooms in Maryland is 59.88% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Allentown, PA	$923	$1,113	$1,550	$1,563
Baltimore, MD	$1,375	$1,250	$1,700	$1,790
Philadelphia, PA	$1,250	$1,745	$1,825	$1,845
Lower Merion, PA	$1,295	$2,237	$2,400	$2,363
Alexandria, VA	$2,000	$2,305	$2,667	$2,451
Washington, DC	$2,038	$2,374	$3,295	$2,705
Arlington, VA	$2,118	$2,516	$3,350	$2,771
Toms River, NJ	N/A	N/A	$2,650	$3,500
7, MD	$2,199	$2,789	$3,899	$3,899
4, MD	$2,166	$2,571	$4,796	$3,900

Top Zipcodes Near Maryland

There are a total of 9 zipcodes in or near Maryland. The average rent for all of these zipcodes is $3,350.

The following chart includes the top 9 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	$4,200	$5,410	$3,995
10023, New York, NY	$3,000	$5,000	$7,995	$5,070
19104, Philadelphia, PA	$1,195	$2,223	$1,800	$1,950
22201, Arlington, VA	$2,137	$2,507	$3,407	$2,629
11375, New York, NY	$2,730	$3,250	$3,675	$3,350
10035, New York, NY	$2,299	$2,822	$3,048	$2,986
10280, New York, NY	$3,600	$4,459	$6,462	$5,065
10463, New York, NY	$2,600	$2,685	$3,289	$3,125
20852, North Bethesda, MD	$2,166	$2,709	$4,898	$4,823

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 $1,849 and an average price per square feet of $3.93. There are a total of 16 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 $1,584 and an average price per square feet of $2.05. There are a total of 168 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 $2,000 and an average price per square feet of $1.95. There are a total of 290 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 -0.07%, one bedroom rental prices have changed by -0.11%, two bedroom rental prices have changed by -0.21%, and three bedroom rental prices have changed by 0.08% 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.