Average Rent In Maryland For February 2020

By Chris Kolmar | HomeSnacks | Updated: 2020-02-23
$1,700
Average Rent
$1.318
Average $/sqft

What is the average rent in Maryland?

According to the most recent data from Zillow, the average rent in Maryland for February 2020 is $1,700. With an averge apartment size of 1,289 sqft, the average price per square foot in Maryland is $1.318.

Compared to the national average of $1,650, Maryland rent costs 3.0% more. Read our analysis of rents by state to see how Maryland ranks.

Here's a look at how average rents have changed over time:

Most Expensive Places To Live In Maryland

How Does Maryland Rent Compare To The Rest Of The Country?

StatisticMDUSA% Difference
Average Rent $1,700$1,650 3.0%
Average $/sqft $1.318$1.135 16.2%
M-o-M Change $-12$0 -inf%
Y-o-Y Change $0$5 -100.0%
M-o-M % Change -0.7%0.0% -
Y-o-Y % Change 0.0%0.3% -

Median Rent By Bedrooms In Maryland

$1,365
Studio
$1,495
1-Bedroom
$1,580
2-Bedroom
$1,760
3-Bedroom
$2,195
4-Bedroom

As you would expect, the median price for rent in Maryland increases as the number of bedrooms in the unit increases. Studios rent the cheapest in Maryland clocking in at $1,365, while a four bedroom rental will set you back $2,195 per month.

We think the best deal comes in the form of a two bedroom for $1,580 per month, however, if you don't mind having roommates, the best option on a per room basis is a 4-bedroom rental for $548/room/month.

Read on to find out more or for more on Maryland check out:

Month Over Month Maryland Rent Statistics

$-12
M-o-M Increase
-0.7%
M-o-M Increase

Maryland has experienced a $-12 change in rent over the past month going from $1,712 to $1,700. That change comes out to -0.7%.

For reference, the US national average rent changed $0 in the past month or 0.0%.

Here's a look at the month over month change for each month since 2010 for Maryland:

Year Over Year Maryland Rent Statistics

$0
Y-o-Y Increase
0.0%
Y-o-Y Increase

Over the past year, the average rent in Maryland changed $0 from $1,700 to $1,700. A change of $0 means that rents changed 0.0% in a year.

That compares to the US national change of $5 in the past year or 0.3%.

Here's a look at the year over year change by month since 2011 for Maryland:

The 10 Places With The Highest Rent In Maryland

Bowie, MD

Population: 58,290
Median Rent: $2,001
More on Bowie: Real Estate | Data | Photos

Poolesville, MD

Population: 5,163
Median Rent: $1,980
More on Poolesville: Real Estate | Data | Photos

Rockville, MD

Population: 66,420
Median Rent: $1,976
More on Rockville: Real Estate | Data | Photos

Gaithersburg, MD
Source: Public domain

Population: 67,417
Median Rent: $1,748
More on Gaithersburg: Real Estate | Data | Photos

Mount Airy, MD

Population: 9,387
Median Rent: $1,699
More on Mount Airy: Real Estate | Data | Photos

College Park, MD

Population: 32,186
Median Rent: $1,695
More on College Park: Real Estate | Data | Photos

Annapolis, MD

Population: 39,151
Median Rent: $1,627
More on Annapolis: Real Estate | Data | Photos

Greenbelt, MD

Population: 23,289
Median Rent: $1,603
More on Greenbelt: Real Estate | Data | Photos

Chesapeake Beach, MD

Population: 5,930
Median Rent: $1,602
More on Chesapeake Beach: Real Estate | Data | Photos

Laurel, MD

Population: 25,913
Median Rent: $1,539
More on Laurel: Real Estate | Data | Photos

Learn More About Living In Maryland

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn.

Average Rent By State

Enjoy The Snack?