Elkton, MD Rental Market Trends
What is the average rent in Elkton?
The average rent for an apartment in Elkton is $1,274, a 5% increase compared to the previous year, when the average rent was $1,215.
Average Rent in Elkton, MD
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,274||5%||1,000 sq. ft.|
What is the average apartment size in Elkton?
The average size for a Elkton, MD apartment is 1,000 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.
Elkton, MD Apartment Rent Ranges
Elkton, MD Occupied Housing Units
1,854 or 33% of the households in Elkton, MD are renter-occupied while 3,691 or 66% are owner-occupied.
Elkton, MD Rent Trends
|Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Jul / 2021|
How Elkton Compares to Other Cities
|Average Rent||Y-o-Y Change|