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
|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
|Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Jul / 2021||Nov / 2021||Jul / 2022|
Average Rent in Towson, MD By Neighborhood
|Greater Middle River||$1,473|
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?
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
Rent in Bowleys Quarters is 5% higher than in Carney
Bowleys Quarters rent is 10% lower than Towson average
Carney rent is 14% lower than Towson average
How Towson Compares to Other Cities