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Homes & Apartments for Rent in Takoma Park, MD

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What to Know About

Life in Takoma Park & Beyond

Takoma Park 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

Takoma Park, MD

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As of November 2026, Takoma Park's rental market is balanced, with rentals spending about 34 days on the market, slower than in Maryland (30), and rents down 2.0% over the past year. Takoma Park's average rent is 6.3% ($123) lower than the Maryland average of $1,963 and 9.6% ($196) lower than the U.S. average of $2,036.

Average Rent
$1,840
Monthly ChangeMonth Over Month Change
Increased0.01%
Yearly ChangeYear Over Year Change
Decreased2.0% ($37)
Days on Market
34
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,574 Decreased0.01% Decreased1.2% ($19)
2 Beds $2,147 Decreased0.03% ($1) Decreased1.7% ($36)
3 Beds $2,661 Decreased0.33% ($9) Decreased1.9% ($50)
Nearby Cities Average Rent Avg. Rent vs. Takoma ParkAverage Rent vs. Takoma Park Days on Market
Silver Spring $2,206 Increased19.9% ($366) 33 days
Mount Rainier $1,551 Decreased15.7% ($289) 31 days
Hyattsville $2,168 Increased17.8% ($328) 30 days
Chevy Chase $3,235 Increased75.8% ($1,395) 30 days
College Park $2,305 Increased25.3% ($465) 32 days
Based on rentals advertised on RentalSource in and around Takoma Park.
Frequently Asked Questions
Takoma Park Rental Market FAQs

Explore rental prices, market conditions, and affordability in Takoma Park, MD.

The average rent in Takoma Park, MD is about $1,840 per month.
In Takoma Park, the average rent is about $1,574 per month for a 1-bedroom home, about $2,147 for a 2-bedroom home and about $2,661 for a 3-bedroom home.
The average rent in Takoma Park is 9.6% ($196) lower than the national average of $2,036 per month.
The rental market in Takoma Park, MD is currently balanced, with rentals spending about 34 days on the market, slower than in Maryland (30), and rents down 2.0% over the past year.
Based on the current averages, a household would need an annual income of about $85,900 to comfortably afford a 2-bedroom home in Takoma Park.
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