Columbia, MD Rental Market Trends

Highlights

The average rent for an apartment in Columbia is $1,686, a 6% increase compared to the previous year, when the average rent was $1,586.

Average Rent in Columbia, MD

Last updated November 2019

Average Rent	Y-o-Y Change	Average Apartment Size
$1,686	6%	951 sq. ft.

The average size for a Columbia, MD apartment is 951 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.

Columbia, MD Apartment Rent Ranges

$1,001-$1,50030%
$1,501-$2,00056%
> $2,00013%

Columbia, MD Occupied Housing Units

Renter-occupied Households34%
Owner-occupied Households65%

13,642 or 34% of the households in Columbia, MD are renter-occupied while 26,472 or 65% are owner-occupied.

Columbia, 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
Columbia, MD	$1,582	$1,560	$1,550	$1,608	$1,566	$1,586	$1,586	$1,637	$1,647	$1,686
National	$1,342	$1,350	$1,346	$1,378	$1,380	$1,383	$1,418	$1,427	$1,431	$1,466

How Does Columbia Compare to Nearby Cities

	Average Rent	Y-o-Y Change
Columbia	$1,686	6%
Elkridge	$1,743	7%
Ellicott City	$1,617	5%
Ellicott City Town	$1,617	5%
North Laurel	$1,683	7%

For more information about the Columbia rental trends, check out our monthly rent report

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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 Columbia 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.