Elms at the Refuge
3201 Fluvial Ln,
Laurel, MD 20724
1-2 Beds | $2,020 - $3,620
Rental Market Trends in Laurel, MD
What is the average rent in Laurel, MD?
$1,677/month
Average Rent
774 Sq Ft
Average Apartment Size
+1.1%
Increase in the Last Year
As of January 2025, the average rent in Laurel, MD is $1,677 per month. For comparison, the national average rent price in the US is currently $1,554/month, which means Laurel rent prices are 8% higher than the national average. When you rent an apartment in Laurel, you can expect to pay about $1,398 per month for a studio, $1,677 for a one-bedroom apartment, and around $2,016 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,344 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 Laurel, MD?
In the past year, rent has increased by 1.1%, which averages out to $19 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 January 2025
Legend
2024
2025
Rent Ranges in Laurel, MD
Last Updated January 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
9%
$1,001 - $1,500/month
65%
$1,501 - $2,000/month
26%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Laurel?
Based on current rent prices, West Laurel, South Laurel and Maryland City are the most affordable neighborhoods in Laurel.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Laurel?
Based on current rent prices, North Laurel, Savage-Guilford and Maryland City are the most expensive neighborhoods in Laurel.
Neighborhood
Average Rent
Average Sq Ft
Which Laurel neighborhoods have the most rentals available?
The neighborhoods in Laurel with the most apartments available are South Laurel, North Laurel and Savage-Guilford .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Laurel, MD?
Because the average rent in Laurel is $1,677, you’ll want to make about $5,590 per month or $67,080 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 Laurel, MD compare to other nearby cities and neighborhoods?
Use the tool below to compare Laurel, 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
-
$1,596/month
Two Bedroom
-
$2,106/month
Three Bedroom
-
$2,750/month
Nearby City Rent Trends
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BDMG Inc
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Southern Management Companies
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Bozzuto
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Gates Hudson
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Quest Management Group
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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.