Maryland, known as the "Old Line State," is a unique blend of historic charm and stunning scenery. With a rich colonial heritage and breathtaking landscapes, Maryland is a feast for the senses. Explore iconic landmarks such as the Chesapeake Bay and the Inner Harbor, the historic city of Annapolis, and historic sites like Fort McHenry, the birthplace of the American National Anthem. Major universities in the state include the University of Maryland, Johns Hopkins University, and Towson University, providing a solid educational foundation for students.

The state is also home to the Baltimore Ravens (NFL) and Baltimore Orioles (MLB), providing ample opportunities for sports enthusiasts. In addition, adventurers can enjoy outdoor recreational activities, including boating on the Chesapeake Bay, fishing, and hiking in parks like Assateague Island National Seashore and Patapsco Valley State Park. In addition, explore famous attractions like the National Aquarium, Oriole Park at Camden Yards, Pimlico Race Course, and the Maryland Science Center.

From the Chesapeake Bay to the Appalachian Mountains, Maryland has something for everyone to enjoy, and the state's strong economy and high quality of life make it an ideal place to call home.

Rental Market Trends

Elkridge, MD

As of May 2025, Elkridge's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Elkridge's average rent is 3.2% ($61) higher than the Maryland average of $1,888 and 8.7% ($156) higher than the U.S. average of $1,793.

Average Rent

$1,949

Monthly ChangeMonth Over Month Change

0.4% ($7)

Yearly ChangeYear Over Year Change

10.4% ($226)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,737	1.5% ($25)	10.6% ($205)
2 Beds	$2,032	1.6% ($32)	10.3% ($233)
3 Beds	$2,490	1% ($25)	8.1% ($219)

Nearby Cities	Average Rent	Avg. Rent vs. ElkridgeAverage Rent vs. Elkridge	Avg. Days on MarketAverage Days on Market
Hanover	$2,584	32.6% ($635)	27 days
Linthicum Heights	$1,938	0.6% ($11)	24 days
Jessup	$2,860	46.7% ($911)	30 days
Catonsville	$2,012	3.2% ($63)	23 days
Halethorpe	$1,631	16.3% ($318)	24 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Elkridge Rental Market FAQs

Explore rental prices, market trends, and availability in Elkridge, MD.

What is the average rent in Elkridge, MD?

The average rent in Elkridge, MD is $1,949 per month.

What is the rental price range for apartments in Elkridge, MD?

Apartments in Elkridge typically rent for between $1,216 and $3,237 per month, with an average of $1,949 per month.

What is the average rent for different bedroom sizes in Elkridge, MD?

In Elkridge, the average rent for a 1-bedroom apartment is $1,737 per month, for a 2-bedroom apartment, $2,032 per month, and a 3-bedroom apartment is $2,490 per month.

How do rent prices in Elkridge, MD compare with the national average?

The average rent in Elkridge is 8.7% ($156) higher than the national average of $1,793 per month.

How have rent prices in Elkridge, MD changed recently?

The average rent in Elkridge has decreased by 0.4% ($7) in the last month and decreased by 10.4% ($226) over the past year.

How competitive is the rental market in Elkridge, MD?

The rental market in Elkridge, MD, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Elkridge, MD?

In Elkridge, MD, the average rental stays on the market for approximately 27 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Elkridge, MD?

There are currently 13 rental properties available in Elkridge, MD.

Can I afford to rent an apartment in Elkridge, MD?

Based on the current averages, a household would need an annual income of $81,280 to comfortably afford a 2-bedroom apartment in Elkridge.