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Rental Market Trends in Annapolis, MD

What is the average rent in Annapolis, MD?

$2,004/month

Average Rent

683 Sq Ft

Average Apartment Size

-7.3%

Decrease in the Last Year

As of January 2026, the average rent in Annapolis, MD is $2,004 per month. This is 23% higher than the national average rent price of $1,624/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 $1,845 per month for a studio, $2,004 for a one-bedroom apartment, and around $2,247 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,647 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,845/month
561 Sq Ft
One Bedroom
$2,004/month
683 Sq Ft
Two Bedroom
$2,247/month
1,007 Sq Ft
Three Bedroom
$2,647/month
1,194 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,721/month
1,415 Sq Ft
Three Bedroom
$3,393/month
989 Sq Ft
Four Bedroom
$4,914/month
2,541 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,387/month
1,151 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,534/month
951 Sq Ft
Three Bedroom
$2,810/month
1,310 Sq Ft

How much has average rent changed in Annapolis, MD?

In the past year, rent has decreased by 7.3%, which averages out to $146 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 January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Annapolis, MD
Last Updated January 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
30% $1,501 - $2,000/month
56% 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, Downtown Annapolis, Eastport and Truxton Heights are the most affordable neighborhoods in Annapolis.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Annapolis
$1,586/month
601 Sq Ft
Eastport
$1,873/month
716 Sq Ft
Truxton Heights
$2,000/month
683 Sq Ft
Village Greens of Annapolis
$2,072/month
720 Sq Ft
Greenbriar Annapolis Walk
$2,072/month
720 Sq Ft
Parole
$2,452/month
771 Sq Ft
Rolling Knolls
$2,608/month
930 Sq Ft
Highland Beach
$2,621/month
699 Sq Ft
Annapolis Road
$2,621/month
699 Sq Ft
Fairwinds of Annapolis
$2,621/month
699 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
$2,621/month
699 Sq Ft
Annapolis Road
$2,621/month
699 Sq Ft
Fairwinds of Annapolis
$2,621/month
699 Sq Ft
Rolling Knolls
$2,608/month
930 Sq Ft
Parole
$2,452/month
771 Sq Ft
Village Greens of Annapolis
$2,072/month
720 Sq Ft
Greenbriar Annapolis Walk
$2,072/month
720 Sq Ft
Truxton Heights
$2,000/month
683 Sq Ft
Eastport
$1,873/month
716 Sq Ft
Downtown Annapolis
$1,586/month
601 Sq Ft

Which Annapolis neighborhoods have the most rentals available?

The neighborhoods in Annapolis with the most apartments available are Parole, Eastport and Village Greens of Annapolis .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Parole
$2,452/month
771 Sq Ft
Eastport
$1,873/month
716 Sq Ft
Village Greens of Annapolis
$2,072/month
720 Sq Ft
Greenbriar Annapolis Walk
$2,072/month
720 Sq Ft
Truxton Heights
$2,000/month
683 Sq Ft
Downtown Annapolis
$1,586/month
601 Sq Ft
Rolling Knolls
$2,608/month
930 Sq Ft
Highland Beach
$2,621/month
699 Sq Ft
Annapolis Road
$2,621/month
699 Sq Ft
Fairwinds of Annapolis
$2,621/month
699 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 $2,004, you’ll want to make about $6,680 per month or $80,160 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

772 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

Downtown Annapolis

Annapolis, MD

Highland Beach

Annapolis, MD

Studio
-
-
One Bedroom
$1,514/month
-
Two Bedroom
$1,472/month
-
Three Bedroom
-
-
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

$1,850 - $3,390

Studio - 2 Beds

Annapolis Bay

Annapolis Bay

721 S Cherry Grove Ave,
Annapolis, MD 21401

$1,943 - $3,942

1-3 Beds

Bay Hills Apartments

Bay Hills Apartments

451 Shore Acres Rd,
Arnold, MD 21012

$2,234 - $2,333

1-2 Beds

Maris

Maris

2445 Holly Ave,
Annapolis, MD 21401

$1,780 - $3,930

Studio - 2 Beds

Property Management Companies in Annapolis, MD

Greystar
Greystar
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4 Communities in Annapolis
Bozzuto
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  • 118,179

    Units

  • 156

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3 Communities in Annapolis
Bell Partners
Bell Partners
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  • 74,403

    Units

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2 Communities in Annapolis
Osprey Property Company
Osprey Property Company
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  • 3,062

    Units

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2 Communities in Annapolis
The Severn Companies
The Severn Companies
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2 Communities in Annapolis
AvalonBay
AvalonBay
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1 Community in Annapolis
Kushner Companies
Kushner Companies
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1 Community in Annapolis
Pennrose Management Company
Pennrose Management Company
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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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity