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How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
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Viewing 1-5 of 5 rentals in Severn
What to Know About
Life in Severn & Beyond
Severn shares many of the great qualities that make Maryland a desirable place to live.
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
Severn, MD
As of June 2026, Severn's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Severn's average rent is 24.4% ($460) higher than the Maryland average of $1,884 and 30.4% ($547) higher than the U.S. average of $1,797.
Average Rent
$2,344
Monthly ChangeMonth Over Month Change
0.2% ($5)
Yearly ChangeYear Over Year Change
4.8% ($107)
Avg. Days on MarketAverage Days on Market
28
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,803 | 1.9% ($35) | 1% ($17) |
| 2 Beds | $2,158 | 0.9% ($19) | 3.3% ($69) |
| 3 Beds | $2,547 | 3.7% ($90) | 2.1% ($53) |
| Nearby Cities | Average Rent | Avg. Rent vs. SevernAverage Rent vs. Severn | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Millersville | $2,008 | 14.3% ($336) | 23 days |
| Odenton | $2,810 | 19.9% ($466) | 25 days |
| Glen Burnie | $1,808 | 22.9% ($536) | 29 days |
| Linthicum Heights | $1,882 | 19.7% ($462) | 24 days |
| Elkridge | $1,734 | 26% ($610) | 27 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Severn Rental Market FAQs
Explore rental prices, market trends, and availability in Severn, MD.
The average rent in Severn, MD is $2,344 per month.
Houses in Severn typically rent for between $1,262 and $3,311 per month, with an average of $2,344 per month.
In Severn, the average rent for a 1-bedroom house is $1,803 per month, for a 2-bedroom house, $2,158 per month, and a 3-bedroom house is $2,547 per month.
The average rent in Severn is 30.4% ($547) higher than the national average of $1,797 per month.
The average rent in Severn has increased by 0.2% ($5) in the last month and increased by 4.8% ($107) over the past year.
The rental market in Severn, MD, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Severn, MD, the average rental stays on the market for approximately 28 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 7 rental properties available in Severn, MD.
Based on the current averages, a household would need an annual income of $86,320 to comfortably afford a 2-bedroom house in Severn.
