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Rental Market Trends in Essex, MD

What is the average rent in Essex, MD?

$1,009/month

Average Rent

484 Sq Ft

Average Apartment Size

-2.7%

Decrease in the Last Year

As of March 2026, the average rent in Essex, MD is $1,009 per month. This is 38% lower than the national average rent of $1,627/month, making renting in Essex more affordable than most cities in the US. When you rent an apartment in Essex, you can expect to pay about $840 per month for a studio, $1,009 for a one-bedroom apartment, and around $1,203 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,686 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$840/month
365 Sq Ft
One Bedroom
$1,009/month
484 Sq Ft
Two Bedroom
$1,203/month
753 Sq Ft
Three Bedroom
$1,686/month
1,261 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,133/month
1,092 Sq Ft
Four Bedroom
$2,356/month
772 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,228/month
675 Sq Ft
Four Bedroom
$2,458/month
805 Sq Ft

How much has average rent changed in Essex, MD?

In the past year, rent has decreased by 2.7%, which averages out to $27 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Essex, MD
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Essex, MD
Percentage*
Rent Range
0% Below $700/month
6% $700 - $1,000/month
69% $1,001 - $1,500/month
19% $1,501 - $2,000/month
6% Above $2,000/month

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

Because the average rent in Essex is $1,009, you’ll want to make about $3,363 per month or $40,356 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

Essex, MD

497 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Essex, 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 Essex, MD

Apartment Averages

Nearby City Rent Trends

  • Middle River Average Rent
  • Dundalk Average Rent
  • Rosedale Average Rent
  • Sparrows Point Average Rent
  • White Marsh Average Rent

Apartment communities in Essex we think you'll love

Commons at Whitemarsh

Commons at Whitemarsh

9901 Langs Rd,
Middle River, MD 21220

$1,175 - $1,795

1-3 Beds

Harbor Estates Townhomes

Harbor Estates Townhomes

911 S Marlyn Ave,
Essex, MD 21221

$1,231 - $1,695

2-3 Beds

Oak Grove by OneWall

Oak Grove by OneWall

303 Holly Dr,
Middle River, MD 21220

$985 - $1,510

1-2 Beds

Kings Mill Apartments and Townhomes

Kings Mill Apartments and Townhomes

1460 Hadwick Dr,
Essex, MD 21221

$909 - $1,403

1-2 Beds

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United States Maryland Essex 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity