Elkton, MD Rental Market Trends
The average rent for an apartment in Elkton is $1,208, a 2% increase compared to the previous year, when the average rent was $1,188.
Average Rent in Elkton, MD
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,208||2%||999 sq. ft.|
The average size for a Elkton, MD apartment is 999 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.
Elkton, MD Apartment Rent Ranges
Elkton, MD Occupied Housing Units
- Renter-occupied Households29%
- Owner-occupied Households70%
1,569 or 29% of the households in Elkton, MD are renter-occupied while 3,760 or 70% are owner-occupied.
Elkton, MD Rent Trends
|Jul / 2016||Nov / 2016||Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Nov / 2019|
How Does Elkton Compare to Nearby Cities
For more information about the Elkton rental trends, check out our monthly rent report