Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Kemp Mill, MD Rental Market Trends
What is the average rent in Kemp Mill?
The average rent for an apartment in Kemp Mill is $1,580, a 2% increase compared to the previous year, when the average rent was $1,554.
Average Rent in Kemp Mill, MD
Last updated September 2021
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,580 | 2% | 842 sq. ft. |
What is the average apartment size in Kemp Mill?
The average size for a Kemp Mill, MD apartment is 842 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.
Kemp Mill, MD Apartment Rent Ranges
Kemp Mill, MD Occupied Housing Units
1,020 or 22% of the households in Kemp Mill, MD are renter-occupied while 3,595 or 77% are owner-occupied.
Kemp Mill, MD Rent Trends
| Average Rent | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Sep / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Kemp Mill, MD | $1,578 | $1,554 | $1,609 | $1,620 | $1,621 | $1,624 | $1,554 | $1,531 | $1,529 | $1,580 |
| National | $1,347 | $1,356 | $1,361 | $1,393 | $1,400 | $1,402 | $1,393 | $1,396 | $1,404 | $1,510 |
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How Kemp Mill Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Washington | $2,153 | -2% |
| Baltimore City | $1,410 | 7% |
| Arlington | $2,267 | 5% |
| Alexandria | $1,841 | 5% |
| Silver Spring | $1,672 | n/a |
| Hyattsville | $1,580 | 4% |
| Laurel | $1,720 | 7% |
| Woodbridge | $1,750 | 13% |
| Rockville | $2,031 | 1% |
| Falls Church | $1,799 | 1% |
| Kemp Mill | $1,580 | 2% |
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 Kemp Mill 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.