Rentometer, Inc. | Data as of 10/23/2025
Maryland’s rental market offers a diverse mix of apartments and single‑family homes, catering to a wide range of renters from young professionals to growing families. In the state’s vibrant urban cores such as Baltimore’s Inner Harbor, the historic charm of Annapolis, and the thriving suburbs of Bethesda and Frederick, apartments are prominently featured. Studio apartments typically fall in the $1600s, while one‑bedroom units often sit in the $1700s. Two‑bedroom apartments commonly reach the $2000‑$2100 range, and larger three‑ and four‑plus bedroom units trend toward the $2200‑$2400 bracket, reflecting the strong demand for comfortable, well‑located living spaces.
Meanwhile, Maryland’s housing stock includes a substantial supply of detached and townhome rentals. One‑bedroom houses frequently rent in the $1500s, while two‑bedroom homes are generally found in the $1800s. Larger homes with three or more bedrooms command premium rates, often ranging from the $2100s for three‑bedroom configurations to the $3400s for expansive four‑plus bedroom properties. This variety supports a balanced market that appeals to both renters seeking affordability and those looking for upscale accommodations near top attractions such as the Chesapeake Bay, the National Harbor, and the many vibrant college towns throughout the state. Whether you’re drawn to the cultural pulse of Baltimore, the waterfront lifestyle of Annapolis, or the suburban serenity of Montgomery County, Maryland’s rental landscape provides flexible options that align with a broad spectrum of lifestyle preferences.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,551 | $1,557 | $1,133 - $2,000 | $1,425 - $1,679 |
| Apartment | 1 Bedroom | $1,748 | $1,705 | $550 - $3,196 | $1,400 - $2,040 |
| Apartment | 2 Bedroom | $2,258 | $2,112 | $732 - $7,460 | $1,600 - $2,620 |
| Apartment | 3 Bedroom | $2,465 | $2,190 | $750 - $10,000 | $1,599 - $3,110 |
| Apartment | 4+ Bedroom | $2,116 | $2,400 | $1,099 - $2,850 | $1,099 - $2,850 |
| House | 1 Bedroom | $1,689 | $1,895 | $900 - $2,000 | $1,753 - $1,900 |
| House | 2 Bedroom | $1,613 | $1,605 | $1,175 - $2,300 | $1,400 - $1,795 |
| House | 3 Bedroom | $2,283 | $2,100 | $1,050 - $3,900 | $1,700 - $2,800 |
| House | 4+ Bedroom | $3,773 | $3,500 | $1,700 - $8,500 | $3,000 - $4,400 |
In the current period, the average rent in Maryland was $1,524 for Studio, $1,747 for 1 Bedroom, $2,208 for 2 Bedroom, $2,371 for 3 Bedroom, and $3,377 for 4+ Bedroom.
Data provided by Rentometer, Inc.