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Rental Market Trends in Annapolis, MD

Updated September 2026

The average rent in Annapolis, MD is $2,095/month.

Rent in Annapolis is 26% higher than the national average rent of $1,665/month, making this one of the more expensive cities statewide.

$2,095/month

Average Rent

683 Sq Ft

Average Size

+4%

Change / Year

635

Available Apartments

Annapolis rent varies by unit size and layout:

  • Studio apartments in Annapolis average $1,888 per month.
  • One-bedroom apartments in Annapolis average $2,095 per month.
  • Two-bedroom apartments in Annapolis average $2,356 per month.
  • Three-bedroom apartments in Annapolis average $2,860 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,888/month
561 Sq Ft
One Bedroom
$2,095/month
683 Sq Ft
Two Bedroom
$2,356/month
1,007 Sq Ft
Three Bedroom
$2,860/month
1,194 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,839/month
1,438 Sq Ft
Three Bedroom
$3,357/month
1,086 Sq Ft
Four Bedroom
$4,507/month
2,470 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,357/month
1,378 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,955/month
1,568 Sq Ft
View Annapolis Apartments

How much has average rent changed in Annapolis, MD?

In the past year, rent has increased by 4%, which averages out to $84 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Annapolis, MD

September 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
11% $1,001 - $1,500/month
22% $1,501 - $2,000/month
67% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Annapolis?

Based on current rent prices, Eastport, Downtown Annapolis and Highland Beach are the most affordable neighborhoods in Annapolis.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Eastport
$1,929/month
696 Sq Ft
Downtown Annapolis
$1,992/month
682 Sq Ft
Highland Beach
$2,575/month
727 Sq Ft
Parole
$2,581/month
766 Sq Ft

What are the most expensive neighborhoods in Annapolis?

Based on current rent prices, Parole, Highland Beach and Downtown Annapolis are the most expensive neighborhoods in Annapolis.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Parole
$2,581/month
766 Sq Ft
Highland Beach
$2,575/month
727 Sq Ft
Downtown Annapolis
$1,992/month
682 Sq Ft
Eastport
$1,929/month
696 Sq Ft

Which Annapolis neighborhoods have the most rentals available?

The neighborhoods in Annapolis with the most apartments available are Parole, Eastport and Highland Beach .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Parole
$2,581/month
766 Sq Ft
Eastport
$1,929/month
696 Sq Ft
Highland Beach
$2,575/month
727 Sq Ft
Downtown Annapolis
$1,992/month
682 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 $2,095, you’ll want to make about $6,983 per month or $83,796 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

635 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.

View the Annapolis Area Guide

Apartment Averages

Eastport

Annapolis, MD

Parole

Annapolis, MD

Studio
$1,367/month
$1,997/month
One Bedroom
$1,821/month
$2,235/month
Two Bedroom
$2,032/month
$2,729/month
Three Bedroom
$2,376/month
$3,414/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Arnold

    Arnold

    Avg Rent: $2,245/month

Apartment Communities in Annapolis We Think You'll Love

Avalon Annapolis

Avalon Annapolis

2494 Riva Rd,
Annapolis, MD 21401

Studio - 2 Beds | $1,915 - $3,360

Bay Hills Apartments

Bay Hills Apartments

451 Shore Acres Rd,
Arnold, MD 21012

1-2 Beds | $2,172 - $2,621

Stone Point Apartments

Stone Point Apartments

116 Stone Point Dr,
Annapolis, MD 21401

1-3 Beds | $1,931 - $3,313

Maris

Maris

2445 Holly Ave,
Annapolis, MD 21401

Studio - 2 Beds | $2,143 - $3,035

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Frequently Asked Questions

What is the average rent in Annapolis?

The average rent in Annapolis is $2,095 per month, which is 25.8% higher than the national average of $1,665.

What is the average rent for a house in Annapolis?

The average rent for a house in Annapolis, MD is $3,357 per month.

Are rents going up or down in Annapolis?

Rents in Annapolis, MD are increasing, with prices up 4.0% year-over-year and $84 more per month.

What rent range is most common in Annapolis?

In Annapolis, MD, 67% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

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 September 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity