Annapolis, MD Rental Market Trends
Last updated: September 01, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Annapolis is $2,340, a 0.17% increase compared to the previous year, when the average rent was $2,336.
Studio Apartments at $2,035 offer the most budget-friendly option with 562 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 740 square feet for $2,065, balancing privacy and affordability.
Two-bedroom units at $2,562 offer 1,017 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,171 sq ft) for $2,919, suitable for larger households.
Average rent in Annapolis, MD
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,340 | 888 sq. ft. |
| Studio | $2,035 | 562 sq. ft. |
| 1 Bed | $2,065 | 740 sq. ft. |
| 2 Beds | $2,562 | 1,017 sq. ft. |
| 3 Beds | $2,919 | 1,171 sq. ft. |
Annapolis, MD rent trends
Rental prices in Annapolis, MD have increased by 0.17% over the past year. The average rent moved from $2,336 to $2,340.
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?
6,836 or 38% of the households in Annapolis, MD are renter-occupied while 11,162 or 62% are owner-occupied.
How Annapolis Compares to Other Cities
| City | Average Rent |
|---|---|
| Annapolis | $2,340 |
| Baltimore City | $1,650 |
| Silver Spring | $1,941 |
| Laurel | $1,975 |
| Frederick | $1,960 |
| Rockville | $2,349 |
| Hyattsville | $1,893 |
| Columbia | $2,173 |
| Gaithersburg | $2,016 |
| Glen Burnie | $1,699 |
| Bethesda | $2,857 |
| Upper Marlboro | $2,145 |
| Elkridge, MD | $2,285 |
| Bowie, MD | $2,360 |
| Lanham, MD | $1,914 |
| Odenton, MD | $2,351 |
| Crofton, MD | $2,199 |
| Jessup, MD | $2,043 |
| Pasadena, MD | $2,382 |
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.