Towson, MD Rental Market Trends

Highlights

The average rent for an apartment in Towson is $1,362, a 2% increase compared to the previous year, when the average rent was $1,331.

Average Rent in Towson, MD

Last updated Mar 2019
Average Rent Y-o-Y Change Average Apartment Size
$1,362 2% 909 sq. ft.

The average size for a Towson, MD apartment is 909 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.

Towson, MD Apartment Rent Ranges

  • $701-$1,00020%
  • $1,001-$1,50053%
  • $1,501-$2,00021%
  • > $2,0006%

Towson, MD Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Mar / 2019
Towson, MD $1,319 $1,338 $1,343 $1,346 $1,346 $1,331 $1,333 $1,331 $1,362
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
/

Average Rent in Towson, MD By Neighborhood

The most affordable neighborhoods in Towson are Rosedale, where the average rent goes for $985/month, Essex, where renters pay $993/mo on average, and Middle River, where the average rent goes for $1,029/mo. If you’re looking for other great deals, check out the listings from Overlea ($1,050), Bowleys Quarters ($1,063), and Edgemere ($1,063), where the asking prices are below the average Towson rent of $1,362/mo.

The most expensive neighborhoods in Towson are Dundalk ($1,244), Lutherville ($1,304) and Hampton ($1,379).

Towson | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Bowleys Quarters is 2% lower than in Carney

$1,063

Bowleys Quarters rent is 22% lower than Towson average

Average Rent $1,063
$1,086

Carney rent is 20% lower than Towson average

Average Rent $1,086

How Does Towson Compare to Nearby Cities

Average Rent Y-o-Y Change
Milford Mill $1,222 5%
Parkville $1,086 3%
Lansdowne $1,033 4%
Essex $993 3%
Randallstown $1,333 2%
Dundalk $1,244 1%
Middle River $1,029 1%
Owings Mills $1,405 2%
Cockeysville $1,236 3%
Towson $1,362 2%

For more information about the Towson rental trends, check out our monthly rent report

Cheapest Listings on RENTCafé

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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 Towson apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

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