Derwood, MD Rental Market Trends
The average rent for an apartment in Derwood is $2,085, a 8% increase compared to the previous year, when the average rent was $1,933.
Average Rent in Derwood, MD
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$2,085||8%||881 sq. ft.|
The average size for a Derwood, MD apartment is 881 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 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.
Derwood, MD Apartment Rent Ranges
- > $2,00055%
Derwood, MD Occupied Housing Units
- Renter-occupied Households19%
- Owner-occupied Households80%
948 or 19% of the households in Derwood, MD are renter-occupied while 4,006 or 80% are owner-occupied.
Derwood, MD Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Jan / 2020|
How Derwood Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Derwood rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!