Parkville, MD Rental Market Trends
Highlights
The average rent for an apartment in Parkville is $1,185, a 7% increase compared to the previous year, when the average rent was $1,109.
Average Rent in Parkville, MD
Average Rent | Y-o-Y Change | Average Apartment Size |
---|---|---|
$1,185 | 7% | 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-$1,00018%
- $1,001-$1,50077%
- $1,501-$2,0002%
- > $2,0002%
Parkville, MD Occupied Housing Units
- Renter-occupied Households37%
- Owner-occupied Households62%
4,614 or 37% of the households in Parkville, MD are renter-occupied while 7,790 or 62% are owner-occupied.
Parkville, MD Rent Trends
Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Jan / 2021 |
---|---|---|---|---|---|---|---|---|---|
Parkville, MD | $1,060 | $1,060 | $1,086 | $1,084 | $1,104 | $1,109 | $1,097 | $1,121 | $1,185 |
National | $1,381 | $1,418 | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |

How Parkville Compares to Other Cities
Average Rent | Y-o-Y Change | |
---|---|---|
Washington | $2,063 | -8% |
Baltimore County | $1,281 | 4% |
Baltimore City | $1,312 | 3% |
Arlington | $1,996 | -11% |
Silver Spring | $1,639 | -3% |
Hyattsville | $1,526 | 2% |
Laurel | $1,634 | 4% |
Rockville | $1,968 | -3% |
Columbia | $1,730 | 3% |
Milford Mill | $1,261 | 3% |
Parkville | $1,185 | 7% |
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!