Lanham, MD Rental Market Trends
The average rent for an apartment in Lanham is $1,550, a 4% increase compared to the previous year, when the average rent was $1,496.
Average Rent in Lanham, MD
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,550||4%||927 sq. ft.|
The average size for a Lanham, MD apartment is 927 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.
Lanham, MD Apartment Rent Ranges
- > $2,0002%
Lanham, MD Occupied Housing Units
- Renter-occupied Households24%
- Owner-occupied Households75%
729 or 24% of the households in Lanham, MD are renter-occupied while 2,215 or 75% are owner-occupied.
Lanham, MD Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
How Lanham Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Lanham rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!