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Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.

Towson, MD Rental Market Trends

What is the average rent in Towson?

The average rent for an apartment in Towson is $1,625. The cost of rent varies depending on several factors, including location, size, and quality.

Average Rent in Towson, MD

Last updated July 2022
Average Rent Average Apartment Size
$1,625 926 sq. ft.

What is the average apartment size in Towson?

The average size for a Towson, MD apartment is 926 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.

Towson, MD Apartment Rent Ranges

Towson, MD Occupied Housing Units

9,480 or 45% of the households in Towson, MD are renter-occupied while 11,533 or 54% are owner-occupied.

Towson, MD Rent Trends

Average Rent Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 Jul / 2021 Nov / 2021 Jul / 2022
Towson, MD $1,355 $1,367 $1,375 $1,395 $1,413 $1,416 $1,446 $1,521 $1,588 $1,625
National $1,367 $1,399 $1,407 $1,409 $1,399 $1,403 $1,412 $1,495 $1,591 $1,628
Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Towson, MD By Neighborhood

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What are the most affordable neighborhoods in Towson?

The most affordable neighborhoods in Towson are Essex, where the average rent goes for $1,188/month, Rosedale, where renters pay $1,228/mo on average, and Overlea, where the average rent goes for $1,312/mo. If you’re looking for other great deals, check out the listings from Middle River ($1,331), Edgemere ($1,377), and Sparrows Point ($1,377), where the asking prices are below the average Towson rent of $1,625/mo.

What are the most expensive neighborhoods in Towson?

The most expensive neighborhoods in Towson are White Marsh ($1,535), Lutherville ($1,605) and Hampton ($1,624).

What are the most popular neighborhoods in Towson?

The most popular neighborhood in Towson is Dundalk, where there are 8 verified RentCafe listings with an average rent of $1,523. Next up is Carney, where apartments go for $1,391/month, followed by Essex with $1,188 If you’re looking to rent in Towson’s most popular neighborhoods, make sure to also check out Middle River, where renters pay $1,331 on average, and Parkville, where the average monthly rent is $1,391.

Towson | Rent Comparison by Neighborhood

Neighborhood
vs.

Rent in Bowleys Quarters is 5% higher than in Carney

$1,455

Bowleys Quarters rent is 10% lower than Towson average

Average Rent $1,455
$1,391

Carney rent is 14% lower than Towson average

Average Rent $1,391

How Towson Compares to Other Cities

City Average Rent
Washington $2,261
Baltimore City $1,508
Arlington $2,337
Silver Spring $1,786
Hyattsville $1,666
Rockville $2,080
Laurel $1,823
Waldorf $1,817
Frederick $1,678
Bethesda $2,520
Gaithersburg $1,875
Milford Mill $1,464
Towson $1,625
Glen Burnie $1,551
Annapolis $2,013
Owings Mills $1,737
Columbia $1,901
Elkridge $1,934
Dundalk $1,523
Reston $2,157
Ellicott City $1,863

Most Popular Apartments in Towson

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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.