Average Rent in Washington, MD

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Current Versus Historical Washington, MD Rents

Washington rentals average $1,100 for a 1-bedroom rental to $2,650 for a 4-bedroom rental. The median price of all currently available listings is $1,600, or roughly $1 per square feet.
For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $392 (-39.50%) year-over-year from $992 to $600. 1-bedroom rentals prices have increased by $153 (16.28%) year-over-year from $942 to $1,095. 2-bedroom rentals prices have decreased by $229 (-18.46%) year-over-year from $1,242 to $1,013. 3-bedroom rentals prices have decreased by $188 (-9.72%) year-over-year from $1,938 to $1,750. 4-bedroom rentals prices have increased by $542 (23.99%) year-over-year from $2,258 to $2,800. 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 0.00% this month. 1-bedroom rents have gone down by 2.88% this month. 2-bedroom rents have gone down by 9.53% this month. 3-bedroom rents have gone down by 13.01% this month. 4-bedroom rents have gone up by 1.33% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.46 $1,095 $942 (16.28%) $749 (46.16%)
2 BR $0.66 $1,013 $1,242 (-18.46%) $1,000 (1.25%)
3 BR $1.32 $1,750 $1,938 (-9.72%) $1,235 (41.72%)
4+ BR $0.95 $2,800 $2,258 (23.99%) $1,616 (73.29%)

Historical Rents in Washington, MD

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Washington

There are a total of 3 cities nearby Washington. The average rent in Washington is currently $2,300 per month. Our records show that Baltimore, MD, with an average rent of $1,850, is the most affordable city nearby. In contrast, the most expensive city near Washington, MD is Rockville, MD. Monthly rents here are on average $3,070 per month.

Let's compare Washington, MD's rent against other top cities nearby by bedroom size. One bedrooms are about 27.27% more affordable. Two bedrooms in Washington, MD are about 71.43% more affordable. Finally, rent for three bedrooms are about 42.86% more affordable. Want more information? Check out the top 3 cities near Washington, MD in the following chart.
City Studio 1 Bed 2 Bed All
Baltimore, MD $995 $1,300 $1,750 $1,850
Frederick, MD N/A $1,400 $1,800 $2,300
Rockville, MD N/A $1,941 $2,436 $3,070

Top Neighborhoods Near Washington



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Washington

Some of these counties include York, PA, Baltimore, MD, and Cumberland, PA. The average rent for rentals in these counties is $2,300. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is York, PA. It's average rent per month is $1,400. Vice versa, with an average rent of $3,200, Loudoun, VA is the most expensive county by Washington, MD.

In comparison, rent for one bedroom listings in Washington, MD is 25.91% more affordable than other counties nearby. Finally, rent for two bedrooms in Washington, MD is 71.43% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
York, PA $200 $875 $1,185 $1,400
Baltimore, MD $995 $1,300 $1,750 $1,825
Cumberland, PA N/A $1,345 $1,648 $1,895
Berkeley, WV N/A N/A $1,248 $1,900
Frederick, VA N/A $1,450 $1,600 $2,200
Baltimore, MD $1,800 $1,298 $1,800 $2,300
Frederick, MD N/A $1,385 $1,800 $2,598
Howard, MD N/A $1,750 $2,300 $2,850
Montgomery, MD $1,808 $2,200 $2,500 $2,950
Loudoun, VA N/A $1,675 $2,350 $3,200

Top Zipcodes Near Washington

There is one zipcode in or near Washington, MD. The average rent for this zipcode is $2,300.

The following chart includes the zipcode in or near Washington, MD. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
21230, Baltimore, MD N/A $1,625 $2,000 $2,300

Frequently Asked Questions - Washington Average Rents

What is the average rent price in Washington, MD?
The average monthly rental price for Washington, MD apartments for rent is approximately $1,600. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Washington, 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 Washington, MD.
How much is a studio apartment in Washington, MD?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Washington.
How much is a one bedroom apartment in Washington, MD?
The average monthly rental price for one bedroom apartments is $1,100 and an average price per square feet of $1.46. There are a total of 11 one bedroom apartment listings currently available for rent in Washington.
How much is a two bedroom apartment in Washington, MD?
The average monthly rental price for two bedroom apartments is $1,050 and an average price per square feet of $0.66. There are a total of 13 two bedroom apartment listings currently available for rent in Washington.
How have rent prices in Washington, MD changed this year?
Rent prices for rentals in Washington, MD can fluctuate yearly. Specifically, studio rental prices have changed by -0.39%, one bedroom rental prices have changed by 0.16%, two bedroom rental prices have changed by -0.18%, and three bedroom rental prices have changed by -0.10% year-over-year.
What is a reasonable rent price in Washington, MD?
A reasonable rent price in Washington, MD is around $1,280/month. You can search for these reasonably priced rental listings on RentHop.
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