Takoma Park, MD Rental Market Trends
The average rent for an apartment in Takoma Park is $1,459, a 6% increase compared to the previous year, when the average rent was $1,379.
Average Rent in Takoma Park, MD
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,459||6%||881 sq. ft.|
The average size for a Takoma Park, MD apartment is 881 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.
Takoma Park, MD Apartment Rent Ranges
- > $2,0004%
Takoma Park, MD Occupied Housing Units
- Renter-occupied Households34%
- Owner-occupied Households65%
2,266 or 34% of the households in Takoma Park, MD are renter-occupied while 4,308 or 65% are owner-occupied.
Takoma Park, MD Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
How Takoma Park Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Takoma Park rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!