Average Rent in Prince George's, MD

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Current Versus Historical Prince George's, MD Rents

Prince George's rentals average $1,215 for a studio rental to $3,500 for a 4-bedroom rental. The median price of all currently available listings is $2,523, or roughly $2 per square feet.
For the apartment units and housing in December 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $1,069 (-47.11%) year-over-year from $2,269 to $1,200. 1-bedroom rentals prices have decreased by $672 (-29.59%) year-over-year from $2,269 to $1,598. 2-bedroom rentals prices have decreased by $872 (-29.84%) year-over-year from $2,922 to $2,050. 3-bedroom rentals prices have decreased by $32 (-1.14%) year-over-year from $2,782 to $2,750. 4-bedroom rentals prices have increased by $109 (3.40%) year-over-year from $3,192 to $3,300. 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 down by 37.26% this month. 1-bedroom rents have gone down by 21.89% this month. 2-bedroom rents have gone down by 22.76% this month. 3-bedroom rents have gone down by 7.04% this month. 4-bedroom rents have gone up by 1.05% this month.
Beds
Price / Sqft
Dec 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.18 $1,200 $2,269 (-47.11%) $2,269 (-47.11%)
1 BR $2.14 $1,598 $2,269 (-29.59%) $2,269 (-29.59%)
2 BR $1.95 $2,050 $2,922 (-29.84%) $2,956 (-30.65%)
3 BR $1.96 $2,750 $2,782 (-1.14%) $3,288 (-16.35%)
4+ BR $1.92 $3,300 $3,192 (3.40%) $2,808 (17.54%)

Historical Rents in Prince George's, MD

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Prince George's

There are a total of 8 cities nearby Prince George's. The average rent in Prince George's is currently $2,549 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Baltimore, MD, with an average rent of $1,798, is the most affordable city nearby. In contrast, the most expensive city near Prince George's, MD is North Bethesda, MD. Monthly rents here are on average $3,950 per month.

Let's compare Prince George's, MD's rent against other top cities nearby by bedroom size. Typically, rent for studios in Prince George's, MD is 50.49% more affordable than other cities nearby. One bedrooms are about 31.70% more affordable. Two bedrooms in Prince George's, MD are about 36.20% more affordable. Finally, rent for three bedrooms are about 29.09% more affordable. Want more information? Check out the top 8 cities near Prince George's, MD in the following chart.
City Studio 1 Bed 2 Bed All
Baltimore, MD $973 $1,250 $1,725 $1,798
Germantown, MD N/A $1,625 $2,025 $2,348
Frederick, MD $1,522 $1,400 $1,750 $2,399
Alexandria, VA $1,725 $2,071 $2,726 $2,450
Arlington, VA $1,936 $2,425 $3,300 $2,648
Washington, DC $1,932 $2,275 $2,995 $2,750
Bethesda, MD $2,200 $2,602 $3,751 $3,600
North Bethesda, MD $2,166 $2,521 $4,702 $3,950

Top Neighborhoods Near Prince George's

There are a total of 3 neighborhoods in or near Prince George's. Some of these neighborhoods include Trinidad - Langston, Columbia Heights, and Cathedral - Wesley Heights - McLean Gardens. We've included all of these top 3 neighborhoods in or near Prince George's, MD in the following chart.

The average rent for these 3 neighborhoods in or near Prince George's, MD is currently around $3,000 per month. A total of one neighborhood has a lower average rent. Meaning, only two neighborhoods have a higher average rent than $3,000. Interestingly, the neighborhoods' average rent is higher than Prince George's's average rent, which is only $2,523. Out of all the neighborhoods in or near Prince George's, Trinidad - Langston has the most affordable average rent at $2,100 per month. Whereas, at $3,268 average rent per month, Cathedral - Wesley Heights - McLean Gardens is the most expensive neighborhood in or near Prince George's. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Trinidad - Langston, Washington, DC N/A $1,675 $2,200 $2,100
Columbia Heights, Washington, DC N/A $2,150 $3,075 $3,000
Cathedral - Wesley Heights - McLean Gardens, Washington, DC $2,073 $2,901 $4,317 $3,268

Top Counties Near Prince George's

There are a total of 3 counties located by Prince George's, MD. Some of these counties include Baltimore, MD, Alexandria, VA, and Stafford, VA. The average rent for rentals in these counties is $2,648. That's roughly around $2 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is Baltimore, MD. It's average rent per month is $1,793. Vice versa, with an average rent of $2,970, Fairfax, VA is the most expensive county by Prince George's, MD.

Typically, rent for studios in Prince George's, MD is 21.40% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Prince George's, MD is 1.52% more expensive than other counties nearby. Finally, rent for two bedrooms in Prince George's, MD is 7.14% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Baltimore, MD $973 $1,250 $1,700 $1,793
Alexandria, VA $1,725 $2,071 $2,726 $2,450
Stafford, VA N/A $1,400 $1,750 $2,500
Arlington, VA $1,936 $2,425 $3,300 $2,648
District of Columbia, DC $1,932 $2,275 $2,995 $2,750
Anne Arundel, MD N/A $2,395 $2,250 $2,850
Charles, MD N/A $1,625 $2,450 $2,850
Howard, MD N/A $1,585 $2,150 $2,900
Montgomery, MD $1,818 $2,200 $2,550 $2,935
Fairfax, VA $1,475 $1,960 $2,450 $2,970

Top Zipcodes Near Prince George's

There are a total of 5 zipcodes in or near Prince George's, MD. The average rent for all of these zipcodes is $2,503. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 20008, Washington, DC at $2,087 per month. In comparison, the zipcode with the most expensive average rent of $4,000 per month is 20852, North Bethesda, MD.

Studios in these zipcodes have an average rent of $1,850. That's at least $4 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Prince George's, MD is $2,335 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,298 per month. Which comes out to $3 per sqft. The following chart includes the top 5 zipcodes in Prince George's, MD. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
22201, Arlington, VA $1,859 $2,419 $3,397 $2,503
22314, Alexandria, VA $1,850 $2,335 $3,185 $3,020
20008, Washington, DC $1,763 $2,010 $3,298 $2,087
21230, Baltimore, MD N/A $1,650 $2,250 $2,325
20852, North Bethesda, MD $2,166 $2,521 $4,711 $4,000

Frequently Asked Questions - Prince George's Average Rents

What is the average rent price in Prince George's, MD?
The average monthly rental price for Prince George's, MD apartments for rent is approximately $2,523. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Prince George's, MD 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 Prince George's, MD.
How much is a studio apartment in Prince George's, MD?
The average monthly rental price for studio apartments is $1,215 and an average price per square feet of $3.18. There are a total of 2 studio apartment listings currently available for rent in Prince George's.
How much is a one bedroom apartment in Prince George's, MD?
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 59 one bedroom apartment listings currently available for rent in Prince George's.
How much is a two bedroom apartment in Prince George's, MD?
The average monthly rental price for two bedroom apartments is $2,100 and an average price per square feet of $1.95. There are a total of 77 two bedroom apartment listings currently available for rent in Prince George's.
How have rent prices in Prince George's, MD changed this year?
Rent prices for rentals in Prince George's, MD can fluctuate yearly. Specifically, studio rental prices have changed by -0.47%, one bedroom rental prices have changed by -0.30%, two bedroom rental prices have changed by -0.30%, and three bedroom rental prices have changed by -0.01% year-over-year.
What is a reasonable rent price in Prince George's, MD?
A reasonable rent price in Prince George's, MD is around $2,018/month. You can search for these reasonably priced rental listings on RentHop.
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