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Rental Market Trends in Annapolis, MD

What is the average rent in Annapolis, MD?

$2,105/month

Average Rent

684 Sq Ft

Average Apartment Size

-1%

Decrease in the Last Year

As of April 2026, the average rent in Annapolis, MD is $2,105 per month. This is 28% higher than the national average rent price of $1,641/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 $1,946 per month for a studio, $2,105 for a one-bedroom apartment, and around $2,366 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,828 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,946/month
561 Sq Ft
One Bedroom
$2,105/month
684 Sq Ft
Two Bedroom
$2,366/month
1,007 Sq Ft
Three Bedroom
$2,828/month
1,194 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,909/month
1,034 Sq Ft
Three Bedroom
$3,870/month
1,630 Sq Ft
Four Bedroom
$7,193/month
2,372 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,330/month
994 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,406/month
636 Sq Ft
Three Bedroom
$2,896/month
1,182 Sq Ft

How much has average rent changed in Annapolis, MD?

In the past year, rent has decreased by 1%, which averages out to $21 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Annapolis, MD
Last Updated April 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
15% $1,501 - $2,000/month
70% 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 Severn Manor are the most affordable neighborhoods in Annapolis.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Annapolis
$1,715/month
619 Sq Ft
Eastport
$1,927/month
696 Sq Ft
Severn Manor
$2,005/month
635 Sq Ft
Truxton Heights
$2,024/month
663 Sq Ft
Village Greens of Annapolis
$2,101/month
735 Sq Ft
Greenbriar Annapolis Walk
$2,101/month
735 Sq Ft
Parole
$2,408/month
735 Sq Ft
Highland Beach
$2,442/month
747 Sq Ft
Rolling Knolls
$2,442/month
824 Sq Ft
Annapolis Road
$2,442/month
747 Sq Ft

What are the most expensive neighborhoods in Annapolis?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Fairwinds of Annapolis
$2,602/month
729 Sq Ft
Highland Beach
$2,442/month
747 Sq Ft
Rolling Knolls
$2,442/month
824 Sq Ft
Annapolis Road
$2,442/month
747 Sq Ft
Parole
$2,408/month
735 Sq Ft
Village Greens of Annapolis
$2,101/month
735 Sq Ft
Greenbriar Annapolis Walk
$2,101/month
735 Sq Ft
Truxton Heights
$2,024/month
663 Sq Ft
Severn Manor
$2,005/month
635 Sq Ft
Eastport
$1,927/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 Truxton Heights .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Parole
$2,408/month
735 Sq Ft
Eastport
$1,927/month
696 Sq Ft
Truxton Heights
$2,024/month
663 Sq Ft
Highland Beach
$2,442/month
747 Sq Ft
Annapolis Road
$2,442/month
747 Sq Ft
Village Greens of Annapolis
$2,101/month
735 Sq Ft
Greenbriar Annapolis Walk
$2,101/month
735 Sq Ft
Rolling Knolls
$2,442/month
824 Sq Ft
Fairwinds of Annapolis
$2,602/month
729 Sq Ft
Downtown Annapolis
$1,715/month
619 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 $2,105, you’ll want to make about $7,016 per month or $84,192 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

646 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

Fairwinds of Annapolis

Annapolis, MD

Studio
-
-
One Bedroom
$1,518/month
-
Two Bedroom
$1,477/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

$2,270 - $3,189

Studio - 2 Beds

Annapolis Bay

Annapolis Bay

721 S Cherry Grove Ave,
Annapolis, MD 21401

$1,968 - $3,756

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

$2,071 - $4,733 Total Monthly Price

Studio - 2 Beds

Property Management Companies in Annapolis, MD

Greystar
Greystar
  • 3,487

    Communities

  • 959,658

    Units

  • 891

    Cities

4 Communities in Annapolis
Bozzuto
Bozzuto
  • 385

    Communities

  • 118,627

    Units

  • 157

    Cities

3 Communities in Annapolis
Bell Partners
Bell Partners
  • 188

    Communities

  • 58,917

    Units

  • 104

    Cities

2 Communities in Annapolis
Habitat America
Habitat America
  • 47

    Communities

  • 6,052

    Units

  • 26

    Cities

2 Communities in Annapolis
AvalonBay
AvalonBay
  • 208

    Communities

  • 74,042

    Units

  • 142

    Cities

1 Community in Annapolis
Kushner Companies
Kushner Companies
  • 64

    Communities

  • 22,175

    Units

  • 47

    Cities

1 Community in Annapolis
Pennrose Management Company
Pennrose Management Company
  • 51

    Communities

  • 6,547

    Units

  • 35

    Cities

1 Community in Annapolis
Avanath Capital Management, LLC
Avanath Capital Management, LLC
  • 50

    Communities

  • 10,563

    Units

  • 34

    Cities

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.

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