Renter Resources
Don't Sign the Lease Until You Understand These Clauses
One word in your lease can cost you hundreds or save you from a nightmare. Here's how to turn legalese into clear decisions before you sign.
•10 min read
What to Know About
Living in Maryland
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
Maryland
As of August 2025, Maryland's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Maryland's average rent is 4.3% ($77) higher than the U.S. average of $1,790.
Average Rent
$1,867
Monthly ChangeMonth Over Month Change
1.9% ($35)
Yearly ChangeYear Over Year Change
2.7% ($51)
Avg. Days on MarketAverage Days on Market
27
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,636 | 1.8% ($29) | 5.5% ($95) |
| 2 Beds | $1,950 | No change | 0.5% ($9) |
| 3 Beds | $2,398 | 2.3% ($53) | 0.1% ($3) |
| Top Markets in Maryland | Average Rent | Avg. Rent vs. MDAverage Rent vs. Maryland | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Baltimore | $1,438 | 23% ($429) | 39 days |
| Silver Spring | $1,797 | 3.7% ($70) | 27 days |
| Rockville | $2,118 | 13.4% ($251) | 32 days |
| Hagerstown | $1,450 | 22.3% ($417) | 30 days |
| Bethesda | $3,105 | 66.3% ($1238) | 28 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Maryland Rental Market FAQs
Explore rental prices, market trends, and availability in Maryland.
The average rent in Maryland is $1,867 per month.
Apartments in Maryland typically rent for between $1,145 and $3,117 per month, with an average of $1,867 per month.
In Maryland, the average rent for a 1-bedroom apartment is $1,636 per month, for a 2-bedroom apartment, $1,950 per month, and a 3-bedroom apartment is $2,398 per month.
The average rent in Maryland is 4.3% ($77) higher than the national average of $1,790 per month.
The average rent in Maryland has increased by 1.9% ($35) in the last month and decreased by 2.7% ($51) over the past year.
The rental market in Maryland, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Maryland, the average rental stays on the market for approximately 27 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
Based on the current averages, a household would need an annual income of $78,000 to comfortably afford a 2-bedroom apartment in Maryland.
