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Princess Anne, MD

Area Guide

Avg Rent

$689

Population

4,097

Renter Mix

66% Rent

A royal combination of small-town charm and historic character

Riverside Historic Scenic

Situated at the mouth of the Manokin River, Princess Anne is a quiet community in eastern Maryland. Princess Anne exudes a small-town vibe with plenty of historic character. Established in 1733, Princess Anne is regarded for preserving its architectural heritage well, from Teackle Mansion to the slew of old-fashioned buildings that line Somerset Avenue.

Princess Anne is home to the University of Maryland Eastern Shore, which provides the community with an array of cultural and educational opportunities. Although Princess Anne is largely residential, the community enjoys access to a host of shops, markets, and restaurants clustered alongside U.S. 13 in addition to Somerset Avenue. Princess Anne sits within a three-hour drive of destinations like Washington, DC, Baltimore, Philadelphia, and Virginia Beach, affording residents numerous options for day trips and weekend getaways.

Demographics

Median Household Income

$33,419

Average: $47,151

Education

809

Residents Have a Degree

Job Market

1,836

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

30 Years

Largest Age Group

20-29 Years

Approximately 21% of Residents

Under 20

29%

Over 65

14%

Housing Distribution

Princess Anne has more renters than homeowners.

Renters
66%
Non-Renters
34%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
16%
Other Education
84%

Rent Trends

As of May 2026, the average apartment rent in Princess Anne, MD is $546 for a studio, $689 for one bedroom, $1,295 for two bedrooms, and $1,441 for three bedrooms. Apartment rent in Princess Anne has increased by 1.5% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$689/month
700 Sq Ft
See Rental Market Trends in Princess Anne, MD

Getting Around

Somewhat Walkable

Walkability

30 / 100

Limited Public Transit

Transit

30 / 100

Exceptionally Drivable

Drivability

100 / 100

Fairly Bikeable

Bikeability

50 / 100

Schools

Greenwood Elementary School

Public

Grades K-5

474 Students

Princess Anne Elementary School

Public

Grades PK-5

350 Students

Washington Academy And High School

Public

Grades 6-12

597 Students

Washington Academy And High School

Public

Grades 6-12

597 Students

Points of Interest

Airports

  • Salisbury-Ocean City Wicomico Regional

Top Apartments in Princess Anne

Houses for Rent in Princess Anne

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

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.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.