Milbrook Park Apartments
6808 Milbrook Park Dr,
Baltimore, MD 21215
1-3 Beds | $1,225 - 1,910
Rental Market Trends in Gwynn Oak, MD
What is the average rent in Gwynn Oak, MD?
$1,128/month
Average Rent
677 Sq Ft
Average Apartment Size
-3.1%
Decrease in the Last Year
As of November 2024, the average rent in Gwynn Oak, MD is $1,128 per month. This is 28% lower than the national average rent of $1,559/month, making renting in Gwynn Oak more affordable than most cities in the US. When you rent an apartment in Gwynn Oak, you can expect to pay about $954 per month for a studio, $1,128 for a one-bedroom apartment, and around $1,376 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,715 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 Gwynn Oak, MD?
In the past year, rent has decreased by 3.1%, which averages out to $35 less 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 Gwynn Oak, MD
Last Updated November 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
11%
$700 - $1,000/month
56%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Gwynn Oak?
Based on current rent prices, Lochearn is the most affordable neighborhood in Gwynn Oak.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Gwynn Oak?
Based on current rent prices, Lochearn is the most expensive neighborhood in Gwynn Oak.
Neighborhood
Average Rent
Average Sq Ft
Which Gwynn Oak neighborhoods have the most rentals available?
The neighborhood in Gwynn Oak with the most apartments available is Lochearn .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Gwynn Oak, MD?
Because the average rent in Gwynn Oak is $1,128, you’ll want to make about $3,760 per month or $45,120 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 Gwynn Oak, MD compare to other nearby cities and neighborhoods?
Use the tool below to compare Gwynn Oak, 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
$926/month
$926/month
One Bedroom
$1,257/month
$1,257/month
Two Bedroom
$1,451/month
$1,451/month
Three Bedroom
$1,782/month
$1,782/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.