Parkville, MD Rental Market Trends
Highlights
The average rent for an apartment in Parkville is $1,109, a 2% increase compared to the previous year, when the average rent was $1,086.
Average Rent in Parkville, MD
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,109 | 2% | 814 sq. ft. |
The average size for a Parkville, MD apartment is 814 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.
Parkville, MD Apartment Rent Ranges
- $701-$1,00030%
- $1,001-$1,50066%
- $1,501-$2,0003%
Parkville, MD Occupied Housing Units
- Renter-occupied Households36%
- Owner-occupied Households63%
4,584 or 36% of the households in Parkville, MD are renter-occupied while 7,905 or 63% are owner-occupied.
Parkville, MD Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Jan / 2020 |
|---|---|---|---|---|---|---|---|---|---|
| Parkville, MD | $1,041 | $1,023 | $1,052 | $1,060 | $1,060 | $1,086 | $1,084 | $1,104 | $1,109 |
| National | $1,347 | $1,379 | $1,381 | $1,384 | $1,420 | $1,429 | $1,433 | $1,469 |
How Parkville Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Baltimore City | $1,266 | 1% |
| Silver Spring | $1,689 | 2% |
| Hyattsville | $1,502 | 4% |
| Rockville | $2,032 | 6% |
| Columbia | $1,688 | 3% |
| Essex | $1,018 | 3% |
| Towson | $1,375 | 1% |
| Dundalk | $1,240 | n/a |
| Middle River | $1,083 | 5% |
| Cockeysville | $1,248 | 1% |
| Parkville | $1,109 | 2% |
For more information about the Parkville rental trends, check out our monthly rent report
Check out Maryland Cities, Maryland Neighborhoods and Maryland Zip Codes for more details on verified listings, including the Maryland Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!