University View
8204 Baltimore Ave,
College Park, MD 20740
1-4 Beds | $1,115 - $2,089
Rental Market Trends in College Park, MD
What is the average rent in College Park, MD?
$1,860/month
Average Rent
761 Sq Ft
Average Apartment Size
+0.4%
Increase in the Last Year
As of December 2024, the average rent in College Park, MD is $1,860 per month. This is 19% higher than the national average rent price of $1,560/month, making College Park one of the most expensive cities in the US. When you rent an apartment in College Park, you can expect to pay about $1,372 per month for a studio, $1,860 for a one-bedroom apartment, and around $2,345 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,571 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in College Park, MD?
In the past year, rent has increased by 0.4%, which averages out to $7 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in College Park, MD
Last Updated December 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
13%
$700 - $1,000/month
13%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
40%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in College Park?
Based on current rent prices, North College Park, Calvert Hills Historic District and Old Town Hyattsville are the most affordable neighborhoods in College Park.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in College Park?
Based on current rent prices, Old Town Hyattsville, Calvert Hills Historic District and North College Park are the most expensive neighborhoods in College Park.
Neighborhood
Average Rent
Average Sq Ft
Which College Park neighborhoods have the most rentals available?
The neighborhoods in College Park with the most apartments available are North College Park, Calvert Hills Historic District and Old Town Hyattsville .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in College Park, MD?
Because the average rent in College Park is $1,860, you’ll want to make about $6,200 per month or $74,400 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does College Park, MD compare to other nearby cities and neighborhoods?
Use the tool below to compare College Park, MD to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,489/month
$604/month
One Bedroom
$1,760/month
$1,511/month
Two Bedroom
$2,044/month
$1,581/month
Three Bedroom
$2,452/month
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.