Ellicott City, MD Rental Market Trends
Highlights
The average rent for an apartment in Ellicott City is $1,617, a 5% increase compared to the previous year, when the average rent was $1,537.
Average Rent in Ellicott City, MD
Last updated November 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,617 | 5% | 966 sq. ft. |
The average size for a Ellicott City, MD apartment is 966 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.
Ellicott City, MD Apartment Rent Ranges
- $1,001-$1,50035%
- $1,501-$2,00052%
- > $2,00013%
Ellicott City, MD Occupied Housing Units
- Renter-occupied Households21%
- Owner-occupied Households78%
6,663 or 21% of the households in Ellicott City, MD are renter-occupied while 23,787 or 78% are owner-occupied.
Ellicott City, 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ellicott City, MD | $1,506 | $1,520 | $1,483 | $1,519 | $1,526 | $1,537 | $1,537 | $1,552 | $1,541 | $1,617 |
| National | $1,342 | $1,350 | $1,346 | $1,378 | $1,380 | $1,383 | $1,418 | $1,427 | $1,431 | $1,466 |
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How Does Ellicott City Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Columbia | $1,686 | 6% |
| Elkridge | $1,743 | 7% |
| Ellicott City Town | $1,617 | 5% |
| Ellicott City | $1,617 | 5% |
| North Laurel | $1,683 | 7% |
For more information about the Ellicott City rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
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 Ellicott City 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.