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Rental Market Trends in Annapolis, MD

What is the average rent in Annapolis, MD?

$2,090/month

Average Rent

683 Sq Ft

Average Apartment Size

-2.9%

Decrease in the Last Year

As of March 2026, the average rent in Annapolis, MD is $2,090 per month. This is 29% higher than the national average rent price of $1,626/month, making Annapolis one of the most expensive cities in the US. When you rent an apartment in Annapolis, you can expect to pay about $1,906 per month for a studio, $2,090 for a one-bedroom apartment, and around $2,338 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,694 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,906/month
561 Sq Ft
One Bedroom
$2,090/month
683 Sq Ft
Two Bedroom
$2,338/month
1,007 Sq Ft
Three Bedroom
$2,694/month
1,194 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,122/month
1,160 Sq Ft
Four Bedroom
$6,718/month
2,540 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,404/month
663 Sq Ft
Three Bedroom
$2,752/month
1,626 Sq Ft

How much has average rent changed in Annapolis, MD?

In the past year, rent has decreased by 2.9%, which averages out to $60 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Annapolis, MD
Last Updated March 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Annapolis, MD
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
15% $1,001 - $1,500/month
19% $1,501 - $2,000/month
67% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Annapolis?

Based on current rent prices, Eastport, Village Greens of Annapolis and Greenbriar Annapolis Walk are the most affordable neighborhoods in Annapolis.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Eastport
$1,979/month
728 Sq Ft
Village Greens of Annapolis
$2,154/month
738 Sq Ft
Greenbriar Annapolis Walk
$2,154/month
738 Sq Ft
Truxton Heights
$2,163/month
697 Sq Ft
Rolling Knolls
$2,403/month
784 Sq Ft
Parole
$2,406/month
741 Sq Ft
Fairwinds of Annapolis
$2,452/month
698 Sq Ft
Highland Beach
$2,479/month
709 Sq Ft
Annapolis Road
$2,479/month
709 Sq Ft

What are the most expensive neighborhoods in Annapolis?

Based on current rent prices, Highland Beach, Annapolis Road and Fairwinds of Annapolis are the most expensive neighborhoods in Annapolis.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Highland Beach
$2,479/month
709 Sq Ft
Annapolis Road
$2,479/month
709 Sq Ft
Fairwinds of Annapolis
$2,452/month
698 Sq Ft
Parole
$2,406/month
741 Sq Ft
Rolling Knolls
$2,403/month
784 Sq Ft
Truxton Heights
$2,163/month
697 Sq Ft
Village Greens of Annapolis
$2,154/month
738 Sq Ft
Greenbriar Annapolis Walk
$2,154/month
738 Sq Ft
Eastport
$1,979/month
728 Sq Ft

Which Annapolis neighborhoods have the most rentals available?

The neighborhoods in Annapolis with the most apartments available are Parole, Eastport and Truxton Heights .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Parole
$2,406/month
741 Sq Ft
Eastport
$1,979/month
728 Sq Ft
Truxton Heights
$2,163/month
697 Sq Ft
Village Greens of Annapolis
$2,154/month
738 Sq Ft
Greenbriar Annapolis Walk
$2,154/month
738 Sq Ft
Highland Beach
$2,479/month
709 Sq Ft
Annapolis Road
$2,479/month
709 Sq Ft
Fairwinds of Annapolis
$2,452/month
698 Sq Ft
Rolling Knolls
$2,403/month
784 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Annapolis, MD?

Because the average rent in Annapolis is $2,090, you’ll want to make about $6,966 per month or $83,592 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.

City

Annapolis, MD

739 Available Apartments for Rent

Search for Nearby Apartments

How does Annapolis, MD compare to other nearby cities and neighborhoods?

Use the tool below to compare Annapolis, 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.

Explore the Area Guide for Annapolis, MD

Apartment Averages

Eastport

Annapolis, MD

Highland Beach

Annapolis, MD

Studio
$1,473/month
-
One Bedroom
$1,834/month
-
Two Bedroom
$1,918/month
-
Three Bedroom
$2,202/month
-
Search
Search

Nearby City Rent Trends

  • Arnold Average Rent

Apartment communities in Annapolis we think you'll love

Avalon Annapolis

Avalon Annapolis

2494 Riva Rd,
Annapolis, MD 21401

$1,845 - $3,325

Studio - 2 Beds

Annapolis Bay

Annapolis Bay

721 S Cherry Grove Ave,
Annapolis, MD 21401

$1,978 - $4,117

1-3 Beds

Bay Hills Apartments

Bay Hills Apartments

451 Shore Acres Rd,
Arnold, MD 21012

$2,109 - $2,453

1-2 Beds

Maris

Maris

2445 Holly Ave,
Annapolis, MD 21401

$2,107 - $4,205 Total Monthly Price

Studio - 2 Beds

Property Management Companies in Annapolis, MD

Greystar
Greystar
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  • 956,298

    Units

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4 Communities in Annapolis
Bozzuto
Bozzuto
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  • 119,000

    Units

  • 158

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3 Communities in Annapolis
Bell Partners
Bell Partners
  • 210

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  • 67,329

    Units

  • 115

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2 Communities in Annapolis
Habitat America
Habitat America
  • 47

    Communities

  • 6,054

    Units

  • 26

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2 Communities in Annapolis
AvalonBay
AvalonBay
  • 194

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  • 70,427

    Units

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1 Community in Annapolis
Kushner Companies
Kushner Companies
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  • 21,815

    Units

  • 46

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1 Community in Annapolis
Pennrose Management Company
Pennrose Management Company
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  • 6,114

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1 Community in Annapolis
Avanath Capital Management, LLC
Avanath Capital Management, LLC
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    Units

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1 Community in Annapolis

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United States Maryland Annapolis Rental Trends

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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity