Parkville, MD Rental Market Trends

Highlights

The average rent for an apartment in Parkville is $1,060, a 2% increase compared to the previous year, when the average rent was $1,041.

Studio apartments in Parkville rent for $858 a month, while 1-bedroom apartments ask on average $945 a month; the average rent for a 2-bedroom apartment is $1,087.

Average Rent in Parkville, MD

Last updated Jul 2018

	All rentals	Studio	1 Bed	2 Beds	3 Beds
Average Rent	$1,060	$858	$945	$1,087	$1,480
Y-o-Y Change	2%	5%	2%	2%	1%
Average Apartment Size	814 sq. ft.	498 sq. ft.	687 sq. ft.	870 sq. ft.	1,069 sq. ft.

The average size for a Parkville apartment is 814 square feet, but this number varies greatly depending on apartment type. A studio averages 498 sq. ft., while a one-bedroom apartment offers a more generous square footage: 687. 2-bedroom apartments in Parkville have an average size of 870 sq. ft.

Parkville, MD Rent Trends

Average Rent All rentals		Studio	1 Bed	2 Beds	3 Beds
Jul / 2018	$1,060	$858	$945	$1,087	$1,480
Sept / 2017	$1,052	$815	$918	$1,094	$1,451
May / 2017	$1,023	$795	$921	$1,043	$1,448
Jan / 2017	$1,041	$815	$924	$1,069	$1,463
Sept / 2016	$1,024	$808	$900	$1,060	$1,413
May / 2016	$1,021	$728	$921	$1,052	$1,353
Jan / 2016	$1,015	$666	$930	$1,042	$1,310
Sept / 2015	$979	$663	$867	$1,015	$1,332
May / 2015	$987	$646	$869	$1,032	$1,286
Jan / 2015	$959	$650	$850	$992	$1,323

How Does Parkville Compare to Nearby Cities

	Average Rent	Y-o-Y Change
Towson	$1,333	-1%
Essex	$954	0%
Milford Mill	$1,170	3%
Dundalk	$1,235	1%
Middle River	$994	0%
Cockeysville	$1,200	2%
Randallstown	$1,297	2%
Parkville	$1,060	2%
Catonsville	$1,218	2%
Lansdowne	$1,006	4%

For more information about the Parkville rental trends, check out our monthly rent report

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