Maryland, known as the "Old Line State," is a unique blend of historic charm and stunning scenery. With a rich colonial heritage and breathtaking landscapes, Maryland is a feast for the senses. Explore iconic landmarks such as the Chesapeake Bay and the Inner Harbor, the historic city of Annapolis, and historic sites like Fort McHenry, the birthplace of the American National Anthem. Major universities in the state include the University of Maryland, Johns Hopkins University, and Towson University, providing a solid educational foundation for students.

The state is also home to the Baltimore Ravens (NFL) and Baltimore Orioles (MLB), providing ample opportunities for sports enthusiasts. In addition, adventurers can enjoy outdoor recreational activities, including boating on the Chesapeake Bay, fishing, and hiking in parks like Assateague Island National Seashore and Patapsco Valley State Park. In addition, explore famous attractions like the National Aquarium, Oriole Park at Camden Yards, Pimlico Race Course, and the Maryland Science Center.

From the Chesapeake Bay to the Appalachian Mountains, Maryland has something for everyone to enjoy, and the state's strong economy and high quality of life make it an ideal place to call home.

Rental Market Trends

Elkton, MD

As of August 2025, Elkton's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Elkton's average rent is 3.5% ($65) higher than the Maryland average of $1,867 and 7.9% ($142) higher than the U.S. average of $1,790.

Average Rent

$1,932

Monthly ChangeMonth Over Month Change

0.3% ($6)

Yearly ChangeYear Over Year Change

4.4% ($82)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,490	1.9% ($29)	2.3% ($35)
2 Beds	$1,776	3.6% ($67)	1.1% ($19)
3 Beds	$2,184	1.4% ($32)	6.1% ($125)

Nearby Cities	Average Rent	Avg. Rent vs. ElktonAverage Rent vs. Elkton	Avg. Days on MarketAverage Days on Market
Newark	$1,804	6.6% ($128)	29 days
Bear	$2,064	6.8% ($132)	29 days
New Castle	$1,383	28.4% ($549)	30 days
Middletown	$2,528	30.8% ($596)	30 days
Oxford	$1,461	24.4% ($471)	24 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Elkton Rental Market FAQs

Explore rental prices, market trends, and availability in Elkton, MD.

What is the average rent in Elkton, MD?

The average rent in Elkton, MD is $1,932 per month.

What is the rental price range for apartments in Elkton, MD?

Apartments in Elkton typically rent for between $1,043 and $2,839 per month, with an average of $1,932 per month.

What is the average rent for different bedroom sizes in Elkton, MD?

In Elkton, the average rent for a 1-bedroom apartment is $1,490 per month, for a 2-bedroom apartment, $1,776 per month, and a 3-bedroom apartment is $2,184 per month.

How do rent prices in Elkton, MD compare with the national average?

The average rent in Elkton is 7.9% ($142) higher than the national average of $1,790 per month.

How have rent prices in Elkton, MD changed recently?

The average rent in Elkton has increased by 0.3% ($6) in the last month and increased by 4.4% ($82) over the past year.

How competitive is the rental market in Elkton, MD?

The rental market in Elkton, MD, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Elkton, MD?

In Elkton, MD, the average rental stays on the market for approximately 26 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Elkton, MD?

There are currently 13 rental properties available in Elkton, MD.

Can I afford to rent an apartment in Elkton, MD?

Based on the current averages, a household would need an annual income of $71,040 to comfortably afford a 2-bedroom apartment in Elkton.