Essex, MD Rental Market Trends
Highlights
The average rent for an apartment in Essex is $993, a 3% increase compared to the previous year, when the average rent was $965.
Average Rent in Essex, MD
Last updated Mar 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $993 | 3% | 846 sq. ft. |
The average size for a Essex, MD apartment is 846 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.
Essex, MD Apartment Rent Ranges
- $501-$7001%
- $701-$1,00069%
- $1,001-$1,50024%
- $1,501-$2,0006%
Essex, MD Rent Trends
| Average Rent | Jan / 2016 | May / 2016 | Sept / 2016 | Jan / 2017 | May / 2017 | Sept / 2017 | Jan / 2018 | May / 2018 | Mar / 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Essex, MD | $934 | $936 | $958 | $956 | $967 | $965 | $954 | $955 | $993 |
| National | $1,290 | $1,319 | $1,334 | $1,329 | $1,354 | $1,366 | $1,366 | $1,381 | $1,396 |
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How Does Essex Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Towson | $1,362 | 2% |
| Milford Mill | $1,222 | 5% |
| Parkville | $1,086 | 3% |
| Lansdowne | $1,033 | 4% |
| Randallstown | $1,333 | 2% |
| Dundalk | $1,244 | 1% |
| Middle River | $1,029 | 1% |
| Owings Mills | $1,405 | 2% |
| Cockeysville | $1,236 | 3% |
| Essex | $993 | 3% |
For more information about the Essex rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
- Hartland Village Apartments
- Hartland Run Apartments
- Pebble Creek Apartments
- Southwood Apartments
- Hartland Park Apartments
- Hartland Village Apartments
- Mansfield Woods Apartments
- Kings Mill Apartments & Townhomes
- Cove Village
- Hyde Park Apartments
- Essex Park
- Queens Purchase Apartments
- Harbor Point Estates
- Gateway Townhomes
- Foxridge Townhomes
- Walnut Grove I & II Townhomes
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 Essex apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.