Annapolis, MD Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Annapolis is $2,292, a 1.36% increase compared to the previous year, when the average rent was $2,261.
Studio Apartments at $2,045 offer the most budget-friendly option with 563 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 743 square feet for $2,091, balancing privacy and affordability.
Two-beedroom units at $2,468 offer 999 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,163 sq ft) for $2,697, suitable for larger households.
Average rent in Annapolis, MD
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,292 | 877 sq. ft. |
| Studio | $2,045 | 563 sq. ft. |
| 1 Bed | $2,091 | 743 sq. ft. |
| 2 Beds | $2,468 | 999 sq. ft. |
| 3 Beds | $2,697 | 1,163 sq. ft. |
Annapolis, MD rent trends
Rental prices in Annapolis, MD have increased by 1.36% over the past year. The average rent moved from $2,261 to $2,292.
What's the typical rent budget in Annapolis, MD?
The largest share of rentals in Annapolis, MD (37%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Annapolis, MD?
7,036 or 40% of the households in Annapolis, MD are renter-occupied while 10,487 or 60% are owner-occupied.
Average Rent in Annapolis, MD By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Annapolis City | $2,142 |
How Annapolis Compares to Other Cities
| City | Average Rent |
|---|---|
| Annapolis | $2,292 |
| Baltimore City | $1,649 |
| Silver Spring | $1,978 |
| Frederick | $1,916 |
| Rockville | $2,396 |
| Hyattsville | $1,888 |
| Columbia | $2,154 |
| Laurel | $1,951 |
| Bethesda | $2,760 |
| Gaithersburg | $2,046 |
| Hagerstown | $1,492 |
| Glen Burnie | $1,644 |
| Elkridge | $2,230 |
| Upper Marlboro | $2,173 |
| Lanham, MD | $1,824 |
| Jessup, MD | $2,151 |
| Pasadena, MD | $2,308 |
| Bowie, MD | $2,286 |
| New Carrollton, MD | $1,859 |
| Glenarden, MD | $1,739 |
| Savage, MD | $1,946 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Annapolis apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.