Elkridge, MD Rental Market Trends
The average rent for an apartment in Elkridge is $1,744, a 4% increase compared to the previous year, when the average rent was $1,682.
Average Rent in Elkridge, MD
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,744||4%||1,014 sq. ft.|
The average size for a Elkridge, MD apartment is 1,014 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.
Elkridge, MD Apartment Rent Ranges
- > $2,00017%
Elkridge, MD Occupied Housing Units
- Renter-occupied Households28%
- Owner-occupied Households71%
2,177 or 28% of the households in Elkridge, MD are renter-occupied while 5,344 or 71% are owner-occupied.
Elkridge, MD Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
How Elkridge Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Elkridge rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!