Ballenger Creek, MD Rental Market Trends
Highlights
The average rent for an apartment in Ballenger Creek is $1,504, a 8% increase compared to the previous year, when the average rent was $1,396.
Average Rent in Ballenger Creek, MD
Last updated November 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,504 | 8% | 988 sq. ft. |
The average size for a Ballenger Creek, MD apartment is 988 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.
Ballenger Creek, MD Apartment Rent Ranges
- $701-$1,0002%
- $1,001-$1,50052%
- $1,501-$2,00045%
- > $2,0001%
Ballenger Creek, MD Occupied Housing Units
- Renter-occupied Households33%
- Owner-occupied Households66%
2,495 or 33% of the households in Ballenger Creek, MD are renter-occupied while 4,913 or 66% are owner-occupied.
Ballenger Creek, MD Rent Trends
| Average Rent | Jul / 2016 | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Nov / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ballenger Creek, MD | $1,427 | $1,373 | $1,360 | $1,425 | $1,396 | $1,396 | $1,396 | $1,462 | $1,487 | $1,504 |
| National | $1,342 | $1,350 | $1,346 | $1,378 | $1,380 | $1,383 | $1,418 | $1,427 | $1,431 | $1,466 |
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How Does Ballenger Creek Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Frederick | $1,387 | 9% |
| Frederick City | $1,332 | 9% |
| Ballenger Creek | $1,504 | 8% |
| Middletown | $1,337 | 9% |
| Bartonsville | $1,732 | 3% |
For more information about the Ballenger Creek rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Ballenger Creek apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.