Annapolis, MD Rental Market Trends
The average rent for an apartment in Annapolis is $1,767, a 10% increase compared to the previous year, when the average rent was $1,601.
Average Rent in Annapolis, MD
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,767||10%||879 sq. ft.|
The average size for a Annapolis, MD apartment is 879 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Annapolis, MD Apartment Rent Ranges
- > $2,00021%
Annapolis, MD Occupied Housing Units
- Renter-occupied Households40%
- Owner-occupied Households59%
12,251 or 40% of the households in Annapolis, MD are renter-occupied while 18,362 or 59% are owner-occupied.
Annapolis, MD Rent Trends
|Jul / 2016||Nov / 2016||Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Nov / 2019|
Average Rent in Annapolis, MD By Neighborhood
The most affordable neighborhoods in Annapolis are Annapolis City, where the average rent goes for $1,767/month, Rolling Hills, where renters pay $1,888/mo on average, and Sherwood Forest, where the average rent goes for $1,888/mo.
Annapolis | Rent Comparison by Neighborhood
Rent in Annapolis City is 6% lower than in Rolling Hills
Annapolis City rent is the same as Annapolis average
Rolling Hills rent is 7% higher than Annapolis average
How Does Annapolis Compare to Nearby Cities
|Average Rent||Y-o-Y Change|
|Glen Burnie Town||$1,321||8%|
For more information about the Annapolis rental trends, check out our monthly rent report