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Rental Market Trends in Annapolis, MD

Updated July 2026

The average rent in Annapolis, MD is $2,130/month.

Rent in Annapolis is 28% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.

$2,130/month

Average Rent

683 Sq Ft

Average Size

+5.5%

Change / Year

800

Available Apartments

Annapolis rent varies by unit size and layout:

  • Studio apartments in Annapolis average $1,899 per month.
  • One-bedroom apartments in Annapolis average $2,130 per month.
  • Two-bedroom apartments in Annapolis average $2,385 per month.
  • Three-bedroom apartments in Annapolis average $2,890 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,899/month
561 Sq Ft
One Bedroom
$2,130/month
683 Sq Ft
Two Bedroom
$2,385/month
1,007 Sq Ft
Three Bedroom
$2,890/month
1,194 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,815/month
979 Sq Ft
Three Bedroom
$3,367/month
1,289 Sq Ft
Four Bedroom
$5,153/month
2,443 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,309/month
1,132 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,552/month
691 Sq Ft
Three Bedroom
$2,913/month
1,316 Sq Ft
View Annapolis Apartments

How much has average rent changed in Annapolis, MD?

In the past year, rent has increased by 5.5%, which averages out to $118 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Annapolis, MD

July 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
19% $1,501 - $2,000/month
70% 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, Highland Beach and Parole are the most affordable neighborhoods in Annapolis.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Eastport
$1,994/month
763 Sq Ft
Highland Beach
$2,426/month
736 Sq Ft
Parole
$2,675/month
760 Sq Ft

What are the most expensive neighborhoods in Annapolis?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Parole
$2,675/month
760 Sq Ft
Highland Beach
$2,426/month
736 Sq Ft
Eastport
$1,994/month
763 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
$2,675/month
760 Sq Ft
Eastport
$1,994/month
763 Sq Ft
Highland Beach
$2,426/month
736 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 $2,130, you’ll want to make about $7,100 per month or $85,200 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

800 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
$1,567/month
$1,940/month
One Bedroom
$1,886/month
$2,273/month
Two Bedroom
$2,056/month
$2,725/month
Three Bedroom
$2,575/month
$3,350/month
View Rentals
View Rentals

Apartment Communities in Annapolis We Think You'll Love

Avalon Annapolis

Avalon Annapolis

2494 Riva Rd,
Annapolis, MD 21401

Studio - 2 Beds | $2,087 - $3,360

Annapolis Bay

Annapolis Bay

721 S Cherry Grove Ave,
Annapolis, MD 21401

1-3 Beds | $1,948 - $3,487

Bay Hills Apartments

Bay Hills Apartments

451 Shore Acres Rd,
Arnold, MD 21012

1-2 Beds | $2,209 - $2,553

Maris

Maris

2445 Holly Ave,
Annapolis, MD 21401

Studio - 2 Beds | $2,023 - $3,068

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Frequently Asked Questions

What is the average rent in Annapolis?

The average rent in Annapolis is $2,130 per month, which is 28.1% higher than the national average of $1,663.

What is the average rent for a house in Annapolis?

The average rent for a house in Annapolis, MD is $3,367 per month.

What is the average rent for a townhome in Annapolis?

The average rent for a townhome in Annapolis, MD is $2,552 per month.

Are rents going up or down in Annapolis?

Rents in Annapolis, MD are increasing, with prices up 5.5% year-over-year and $118 more per month.

What rent range is most common in Annapolis?

In Annapolis, MD, 70% 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 June 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