316 S Central Ave
316 S Central Ave,
Cumberland, MD 21502
4 Beds | $1,295
Rental Market Trends in Cumberland, MD
What is the average rent in Cumberland, MD?
$608/month
Average Rent
541 Sq Ft
Average Apartment Size
+1.4%
Increase in the Last Year
As of December 2024, the average rent in Cumberland, MD is $608 per month. This is 61% lower than the national average rent of $1,560/month, making renting in Cumberland more affordable than most cities in the US. When you rent an apartment in Cumberland, you can expect to pay about per month for a studio, $608 for a one-bedroom apartment, and around $739 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $765 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 Cumberland, MD?
In the past year, rent has increased by 1.4%, which averages out to $9 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 Cumberland, MD
Last Updated December 2024
Below $701
Most rental prices fall within this range
Percentage*
Rent Range
50%
Below $700/month
50%
$700 - $1,000/month
0%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Cumberland?
Based on current rent prices, Maryland West/Hagerstown is the most affordable neighborhood in Cumberland.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Cumberland?
Based on current rent prices, Maryland West/Hagerstown is the most expensive neighborhood in Cumberland.
Neighborhood
Average Rent
Average Sq Ft
Which Cumberland neighborhoods have the most rentals available?
The neighborhood in Cumberland with the most apartments available is Maryland West/Hagerstown .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Cumberland, MD?
Because the average rent in Cumberland is $608, you’ll want to make about $2,026 per month or $24,312 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 Cumberland, MD compare to other nearby cities and neighborhoods?
Use the tool below to compare Cumberland, 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
-
-
One Bedroom
$561/month
$561/month
Two Bedroom
$672/month
$672/month
Three Bedroom
$752/month
$752/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.