Berkshires At Town Center
204 E Joppa Rd,
Towson, MD 21286
Studio - 3 Beds | $1,350 - $2,350
Rental Market Trends in Towson, MD
What is the average rent in Towson, MD?
$1,622/month
Average Rent
802 Sq Ft
Average Apartment Size
+0.8%
Increase in the Last Year
As of December 2024, the average rent in Towson, MD is $1,622 per month. For comparison, the national average rent price in the US is currently $1,560/month, which means Towson rent prices are 4% higher than the national average. When you rent an apartment in Towson, you can expect to pay about $1,473 per month for a studio, $1,622 for a one-bedroom apartment, and around $1,934 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,192 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 Towson, MD?
In the past year, rent has increased by 0.8%, which averages out to $13 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 Towson, MD
Last Updated December 2024
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
15%
$1,001 - $1,500/month
67%
$1,501 - $2,000/month
19%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Towson?
Based on current rent prices, Towson Circle and Downtown Towson" are the most affordable neighborhoods in Towson.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Towson?
Based on current rent prices, Downtown Towson and Towson Circle" are the most expensive neighborhoods in Towson.
Neighborhood
Average Rent
Average Sq Ft
Which Towson neighborhoods have the most rentals available?
The neighborhoods in Towson with the most apartments available are Towson Circle and Downtown Towson" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Towson, MD?
Because the average rent in Towson is $1,622, you’ll want to make about $5,406 per month or $64,872 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 Towson, MD compare to other nearby cities and neighborhoods?
Use the tool below to compare Towson, 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
$1,257/month
$1,639/month
One Bedroom
$1,571/month
$1,760/month
Two Bedroom
$1,779/month
$2,164/month
Three Bedroom
$2,347/month
$2,560/month
Nearby City Rent Trends
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WPM Real Estate Management
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54
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Quest Management Group
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19
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Olive Tree Management
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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.