Paragon At Columbia Overlook
8151 Robinson Jefferson Dr,
Elkridge, MD 21075
1-2 Beds | $1,651 - 2,429
Rental Market Trends in Elkridge, MD
What is the average rent in Elkridge, MD?
$1,900/month
Average Rent
806 Sq Ft
Average Apartment Size
+0.4%
Increase in the Last Year
As of November 2024, the average rent in Elkridge, MD is $1,900 per month. This is 22% higher than the national average rent price of $1,559/month, making Elkridge one of the most expensive cities in the US. When you rent an apartment in Elkridge, you can expect to pay about per month for a studio, $1,900 for a one-bedroom apartment, and around $2,189 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,515 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 Elkridge, MD?
In the past year, rent has increased by 0.4%, which averages out to $8 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 November 2024
Legend
2023
2024
Rent Ranges in Elkridge, MD
Last Updated November 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
46%
$1,501 - $2,000/month
54%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Elkridge?
Based on current rent prices, Jessup-Howard and Elkridge Hanover" are the most affordable neighborhoods in Elkridge.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Elkridge?
Based on current rent prices, Elkridge Hanover and Jessup-Howard" are the most expensive neighborhoods in Elkridge.
Neighborhood
Average Rent
Average Sq Ft
Which Elkridge neighborhoods have the most rentals available?
The neighborhoods in Elkridge with the most apartments available are Jessup-Howard and Elkridge Hanover" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Elkridge, MD?
Because the average rent in Elkridge is $1,900, you’ll want to make about $6,333 per month or $75,996 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 Elkridge, MD compare to other nearby cities and neighborhoods?
Use the tool below to compare Elkridge, 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
$1,801/month
$1,656/month
One Bedroom
$2,073/month
$1,844/month
Two Bedroom
$2,416/month
$2,161/month
Three Bedroom
$3,243/month
$2,522/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.