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Rental Market Trends in Elkton, MD

What is the average rent in Elkton, MD?

$1,404/month

Average Rent

816 Sq Ft

Average Apartment Size

+0.4%

Increase in the Last Year

As of June 2025, the average rent in Elkton, MD is $1,404 per month. For comparison, the national average rent price in the US is currently $1,628/month, which means Elkton rent prices are 14% lower than the national average. When you rent an apartment in Elkton, you can expect to pay about $1,032 per month for a studio, $1,404 for a one-bedroom apartment, and around $1,653 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,046 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,032/month
637 Sq Ft
One Bedroom
$1,404/month
816 Sq Ft
Two Bedroom
$1,653/month
993 Sq Ft
Three Bedroom
$2,046/month
1,314 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 Elkton, MD?

In the past year, rent has increased by 0.4%, which averages out to $6 more 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
Market Trends Over Time
Rent Ranges in Elkton, MD
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Elkton, MD
Percentage*
Rent Range
7% Below $700/month
21% $700 - $1,000/month
29% $1,001 - $1,500/month
29% $1,501 - $2,000/month
14% Above $2,000/month

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

Because the average rent in Elkton is $1,404, you’ll want to make about $4,680 per month or $56,160 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

Elkton, MD

149 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Elkton, 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 Elkton, MD

Apartment Averages

Nearby City Rent Trends

  • North East Average Rent
  • Newark Average Rent
  • Bear Average Rent

Apartment communities in Elkton we think you'll love

West Creek Village

West Creek Village

1600 W Creek Village Dr,
Elkton, MD 21921

Studio - 3 Beds | $1,225 - $1,900

Iron Ridge and Stonegate Apartments

Iron Ridge and Stonegate Apartments

4301 Stonegate Blvd,
Elkton, MD 21921

1-3 Beds | $1,589 - $2,489

Pine Valley

Pine Valley

1000 Spyglass Dr,
Elkton, MD 21921

1-3 Beds | $1,635 - $2,645

Elkton Terrace

Elkton Terrace

103 Courtney Dr,
Elkton, MD 21921

Studio - 3 Beds | $924 - $1,599

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United States Maryland Elkton 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity