Laurel, MD Rental Market Trends
Highlights
The average rent for an apartment in Laurel is $1,531, a 3% increase compared to the previous year, when the average rent was $1,488.
Average Rent in Laurel, MD
Last updated Mar 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,531 | 3% | 984 sq. ft. |
The average size for a Laurel, MD apartment is 984 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.
Laurel, MD Apartment Rent Ranges
- $1,001-$1,50056%
- $1,501-$2,00036%
- > $2,0008%
Laurel, MD Rent Trends
| Average Rent | Jan / 2016 | May / 2016 | Sept / 2016 | Jan / 2017 | May / 2017 | Sept / 2017 | Jan / 2018 | May / 2018 | Mar / 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Laurel, MD | $1,438 | $1,478 | $1,459 | $1,462 | $1,499 | $1,488 | $1,476 | $1,472 | $1,531 |
| National | $1,290 | $1,319 | $1,334 | $1,329 | $1,354 | $1,366 | $1,366 | $1,381 | $1,396 |
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Average Rent in Laurel, MD By Neighborhood
| Average Rent | |||||
|---|---|---|---|---|---|
| Neighborhood | Average Rent | ||||
| Laurel City | $1,617 | ||||
How Does Laurel Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Hyattsville | $1,441 | 4% |
| Temple Hills | $1,298 | 6% |
| Suitland | $1,497 | 4% |
| Capitol Heights | $1,268 | 6% |
| District Heights | $1,291 | 7% |
| Hyattsville City | $1,534 | 4% |
| Bladensburg | $1,340 | 4% |
| Upper Marlboro | $1,717 | 4% |
| Laurel City | $1,617 | 3% |
| South Laurel | $1,400 | 2% |
| Laurel | $1,531 | 3% |
For more information about the Laurel rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
- Willow Lake Apartment Homes
- Steward Manor
- Montpelier Crossing
- Laurel Park
- Middletowne & The Dona
- Briarwood Place Apartment Homes
- Briarwood Place Apartment Homes
- Parke Laurel Apartment Homes
- Avondale
- Villages at Montpelier Apartment Homes
- Woodland Grove
- Laurelton Court
- Concord Park at Russett
- Windsor at Contee Crossing
- Evolution at Towne Centre Laurel
- The Willows at Victoria Falls- Ages 55+
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 Laurel 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.