Lexington Park, MD Rental Market Trends
The average rent for an apartment in Lexington Park is $1,343, a 4% increase compared to the previous year, when the average rent was $1,291.
Average Rent in Lexington Park, MD
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,343||4%||892 sq. ft.|
The average size for a Lexington Park, MD apartment is 892 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.
Lexington Park, MD Apartment Rent Ranges
Lexington Park, MD Occupied Housing Units
- Renter-occupied Households43%
- Owner-occupied Households56%
2,084 or 43% of the households in Lexington Park, MD are renter-occupied while 2,706 or 56% are owner-occupied.
Lexington Park, MD Rent Trends
|Jul / 2016||Nov / 2016||Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Oct / 2019|
How Does Lexington Park Compare to Nearby Cities
|Average Rent||Y-o-Y Change|
For more information about the Lexington Park rental trends, check out our monthly rent report