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Rental Market Trends in Elkridge, MD

What is the average rent in Elkridge, MD?

$1,921/month

Average Rent

813 Sq Ft

Average Apartment Size

-2.1%

Decrease in the Last Year

As of October 2025, the average rent in Elkridge, MD is $1,921 per month. This is 18% higher than the national average rent price of $1,630/month, making Elkridge one of the most expensive cities in the US. When you rent an apartment in Elkridge, you can expect to pay about per month for a studio, $1,921 for a one-bedroom apartment, and around $2,184 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,601 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,921/month
813 Sq Ft
Two Bedroom
$2,184/month
1,082 Sq Ft
Three Bedroom
$2,601/month
1,389 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
Three Bedroom
$3,033/month
1,086 Sq Ft
Four Bedroom
$3,620/month
2,484 Sq Ft

How much has average rent changed in Elkridge, MD?

In the past year, rent has decreased by 2.1%, which averages out to $40 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 October 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Elkridge, MD
Last Updated October 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Elkridge, MD
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
31% $1,501 - $2,000/month
69% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Elkridge?

Based on current rent prices, Village Deep Run, Deep Run Park and Elkridge Hanover are the most affordable neighborhoods in Elkridge.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Village Deep Run
$1,619/month
823 Sq Ft
Deep Run Park
$1,792/month
821 Sq Ft
Elkridge Hanover
$1,870/month
794 Sq Ft
Jessup-Howard
$1,885/month
808 Sq Ft
Howard Square Townhomes
$1,964/month
806 Sq Ft
Paragon
$2,056/month
819 Sq Ft

What are the most expensive neighborhoods in Elkridge?

Based on current rent prices, Paragon, Howard Square Townhomes and Jessup-Howard are the most expensive neighborhoods in Elkridge.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Paragon
$2,056/month
819 Sq Ft
Howard Square Townhomes
$1,964/month
806 Sq Ft
Jessup-Howard
$1,885/month
808 Sq Ft
Elkridge Hanover
$1,870/month
794 Sq Ft
Deep Run Park
$1,792/month
821 Sq Ft
Village Deep Run
$1,619/month
823 Sq Ft

Which Elkridge neighborhoods have the most rentals available?

The neighborhoods in Elkridge with the most apartments available are Jessup-Howard, Elkridge Hanover and Deep Run Park .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Jessup-Howard
$1,885/month
808 Sq Ft
Elkridge Hanover
$1,870/month
794 Sq Ft
Deep Run Park
$1,792/month
821 Sq Ft
Howard Square Townhomes
$1,964/month
806 Sq Ft
Village Deep Run
$1,619/month
823 Sq Ft
Paragon
$2,056/month
819 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Elkridge, MD?

Because the average rent in Elkridge is $1,921, you’ll want to make about $6,403 per month or $76,836 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

Elkridge, MD

348 Available Apartments for Rent

Search for Nearby Apartments

How does Elkridge, MD compare to other nearby cities and neighborhoods?

Use the tool below to compare Elkridge, 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 Elkridge, MD

Apartment Averages

Village Deep Run

Elkridge, MD

Paragon

Elkridge, MD

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Hanover Average Rent
  • Catonsville Average Rent
  • Linthicum Average Rent
  • Jessup Average Rent
  • Halethorpe Average Rent

Apartment communities in Elkridge we think you'll love

Paragon At Columbia Overlook

Paragon At Columbia Overlook

8151 Robinson Jefferson Dr,
Elkridge, MD 21075

$1,927 - $2,468

1-2 Beds

Belmont Station

Belmont Station

6900 Tasker Fls,
Elkridge, MD 21075

$2,239 - $3,013

1-3 Beds

Verde at Howard Square West

Verde at Howard Square West

7500 Hearthside Way,
Elkridge, MD 21075

$1,676 - $2,645

1-2 Beds

Sherwood Crossing

Sherwood Crossing

6731 Old Waterloo Rd,
Elkridge, MD 21075

$1,475 - $2,686

1-3 Beds

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United States Maryland Elkridge 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity