James Run Apartments
2786 Megan Way,
Bel Air, MD 21015
1-3 Beds | $1,947 - $2,950
Rental Market Trends in Bel Air, MD
What is the average rent in Bel Air, MD?
$1,590/month
Average Rent
756 Sq Ft
Average Apartment Size
-0.4%
Decrease in the Last Year
As of June 2025, the average rent in Bel Air, MD is $1,590 per month. For comparison, the national average rent price in the US is currently $1,628/month, which means Bel Air rent prices are 2% lower than the national average. When you rent an apartment in Bel Air, you can expect to pay about $1,441 per month for a studio, $1,590 for a one-bedroom apartment, and around $1,888 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,458 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Bel Air, MD?
In the past year, rent has decreased by 0.4%, which averages out to $6 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 June 2025
Legend
2024
2025
Rent Ranges in Bel Air, MD
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
38%
$1,001 - $1,500/month
38%
$1,501 - $2,000/month
25%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Bel Air?
Based on current rent prices, Greenbrier Hills Townhouses and Bel Air North" are the most affordable neighborhoods in Bel Air.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Bel Air?
Based on current rent prices, Bel Air North and Greenbrier Hills Townhouses" are the most expensive neighborhoods in Bel Air.
Neighborhood
Average Rent
Average Sq Ft
Which Bel Air neighborhoods have the most rentals available?
The neighborhoods in Bel Air with the most apartments available are Bel Air North and Greenbrier Hills Townhouses" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Bel Air, MD?
Because the average rent in Bel Air is $1,590, you’ll want to make about $5,300 per month or $63,600 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.
How does Bel Air, MD compare to other nearby cities and neighborhoods?
Use the tool below to compare Bel Air, 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.
Studio
-
-
One Bedroom
-
$1,455/month
Two Bedroom
-
$2,034/month
Three Bedroom
-
$2,442/month
Nearby City Rent Trends
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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 2025.
* Percentages may not total 100 due to rounding.