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

Laurel, MD

As of August 2025, Laurel's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Laurel's average rent is 1.9% ($36) lower than the Maryland average of $1,867 and 2.3% ($41) higher than the U.S. average of $1,790.

Average Rent

$1,831

Monthly ChangeMonth Over Month Change

0.6% ($11)

Yearly ChangeYear Over Year Change

7.5% ($148)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,560	2.8% ($42)	8.4% ($143)
2 Beds	$1,860	1% ($18)	13.3% ($285)
3 Beds	$2,287	3.3% ($72)	8.2% ($203)

Nearby Cities	Average Rent	Avg. Rent vs. LaurelAverage Rent vs. Laurel	Avg. Days on MarketAverage Days on Market
Jessup	$2,860	56.2% ($1029)	30 days
Beltsville	$1,708	6.7% ($123)	32 days
Greenbelt	$2,218	21.1% ($387)	32 days
Columbia	$2,290	25.1% ($459)	33 days
Odenton	$2,834	54.8% ($1003)	25 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Laurel Rental Market FAQs

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

What is the average rent in Laurel, MD?

The average rent in Laurel, MD is $1,831 per month.

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

Apartments in Laurel typically rent for between $1,092 and $2,973 per month, with an average of $1,831 per month.

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

In Laurel, the average rent for a 1-bedroom apartment is $1,560 per month, for a 2-bedroom apartment, $1,860 per month, and a 3-bedroom apartment is $2,287 per month.

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

The average rent in Laurel is 2.3% ($41) higher than the national average of $1,790 per month.

How have rent prices in Laurel, MD changed recently?

The average rent in Laurel has decreased by 0.6% ($11) in the last month and decreased by 7.5% ($148) over the past year.

How competitive is the rental market in Laurel, MD?

The rental market in Laurel, 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 Laurel, MD?

In Laurel, MD, the average rental stays on the market for approximately 32 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 Laurel, MD?

There are currently 34 rental properties available in Laurel, MD.

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

Based on the current averages, a household would need an annual income of $74,400 to comfortably afford a 2-bedroom apartment in Laurel.