Redland, MD Rental Market Trends
Highlights
The average rent for an apartment in Redland is $2,085, a 8% increase compared to the previous year, when the average rent was $1,933.
Average Rent in Redland, MD
Last updated November 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $2,085 | 8% | 881 sq. ft. |
The average size for a Redland, MD apartment is 881 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.
Redland, MD Apartment Rent Ranges
- $1,501-$2,00045%
- > $2,00055%
Redland, MD Occupied Housing Units
- Renter-occupied Households21%
- Owner-occupied Households78%
1,187 or 21% of the households in Redland, MD are renter-occupied while 4,307 or 78% are owner-occupied.
Redland, MD Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Redland, MD | $1,966 | $1,937 | $1,989 | $1,975 | $1,997 | $1,997 | $1,933 | $1,973 | $2,037 | $2,085 |
| National | $1,351 | $1,349 | $1,381 | $1,383 | $1,386 | $1,421 | $1,430 | $1,434 | $1,470 | $1,476 |
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How Does Redland Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Silver Spring | $1,689 | 2% |
| Silver Spring Town | $1,765 | 3% |
| Rockville | $2,032 | 6% |
| Rockville City | $2,051 | 6% |
| Bethesda | $2,401 | 5% |
| Bethesda Town | $2,401 | 5% |
| Gaithersburg | $1,660 | 5% |
| Gaithersburg City | $1,660 | 5% |
| Fairland | $1,544 | 1% |
| Germantown Town | $1,554 | 2% |
| Redland | $2,085 | 8% |
For more information about the Redland 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 Redland apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.