Parkville, MD Rental Market Trends
Highlights
The average rent for an apartment in Parkville is $1,060, a 4% increase compared to the previous year, when the average rent was $1,023.
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 Oct 2018
| All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Average Rent | $1,060 | $858 | $945 | $1,087 | $1,480 |
| Y-o-Y Change | 4% | 8% | 3% | 4% | 2% |
| 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 | |
|---|---|---|---|---|---|
| Oct / 2018 | $1,060 | $858 | $945 | $1,087 | $1,480 |
| Jan / 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 |
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How Does Parkville Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Towson | $1,331 | -1% |
| Milford Mill | $1,175 | 2% |
| Lansdowne | $1,006 | -2% |
| Essex | $955 | -1% |
| Randallstown | $1,288 | -1% |
| Dundalk | $1,242 | 1% |
| Middle River | $996 | -2% |
| Catonsville | $1,218 | 3% |
| Cockeysville | $1,200 | -1% |
| Parkville | $1,060 | 4% |
For more information about the Parkville rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
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 Parkville 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.