Laurel, MD Rental Market Trends
The average rent for an apartment in Laurel is $1,585, a 2% increase compared to the previous year, when the average rent was $1,556.
Average Rent in Laurel, MD
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,585||2%||955 sq. ft.|
The average size for a Laurel, MD apartment is 955 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.
Laurel, MD Apartment Rent Ranges
- > $2,0008%
Laurel, MD Occupied Housing Units
- Renter-occupied Households44%
- Owner-occupied Households55%
4,357 or 44% of the households in Laurel, MD are renter-occupied while 5,443 or 55% are owner-occupied.
Laurel, MD Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
Average Rent in Laurel, MD By Neighborhood
How Laurel Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Laurel rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!