Towson, MD Rental Market Trends
Last updated: May 29, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Towson is $1,919, a 0.13% decrease compared to the previous year, when the average rent was $1,922.
Studio Apartments at $1,621 offer the most budget-friendly option with 487 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 812 square feet for $1,698, balancing privacy and affordability.
Two-beedroom units at $1,959 offer 1,040 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,302 sq ft) for $2,388, suitable for larger households.
Average rent in Towson, MD
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,919 | 971 sq. ft. |
| Studio | $1,621 | 487 sq. ft. |
| 1 Bed | $1,698 | 812 sq. ft. |
| 2 Beds | $1,959 | 1,040 sq. ft. |
| 3 Beds | $2,388 | 1,302 sq. ft. |
Towson, MD rent trends
Rental prices in Towson, MD have decreased by 0.13% over the past year. The average rent moved from $1,922 to $1,919.
What's the typical rent budget in Towson, MD?
The largest share of rentals in Towson, MD (53%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Towson, MD?
10,319 or 44% of the households in Towson, MD are renter-occupied while 12,943 or 56% are owner-occupied.
Most affordable neighborhoods in Towson?
Essex $1,284/month
Rosedale $1,294/month
Dundalk $1,312/month
All of these neighborhoods fall below the city wide average of $1,919/month.Most expensive neighborhoods in Towson?
Perry Hall $1,759/month
Greater Middle River $1,762/month
White Marsh $1,874/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Towson, MD By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| White Marsh | $1,874 |
| Greater Middle River | $1,762 |
| Perry Hall | $1,759 |
| Carney | $1,579 |
| Rossville | $1,532 |
| Middle River | $1,442 |
| Bowleys Quarters | $1,386 |
| Parkville | $1,328 |
| Dundalk | $1,312 |
| Rosedale | $1,294 |
| Essex | $1,284 |
Towson | Rent Comparison by Neighborhood
Rent in Bowleys Quarters is 12% lower than in Carney
Bowleys Quarters rent is 28% lower than Towson average
Carney rent is 18% lower than Towson average
How Towson Compares to Other Cities
| City | Average Rent |
|---|---|
| Towson | $1,919 |
| Baltimore City | $1,643 |
| Silver Spring | $1,944 |
| Rockville | $2,352 |
| Hyattsville | $1,906 |
| Frederick | $1,925 |
| Laurel | $1,949 |
| Columbia | $2,162 |
| Glen Burnie | $1,690 |
| Annapolis | $2,282 |
| Gaithersburg | $2,011 |
| Essex | $1,284 |
| Dundalk | $1,312 |
| Milford Mill | $1,557 |
| Owings Mills | $1,840 |
| Randallstown | $1,479 |
| Woodlawn | $1,518 |
| Cockeysville | $1,720 |
| Reisterstown | $1,606 |
| Carney | $1,579 |
| Catonsville | $1,529 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Towson apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.