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Rental Market Trends in Essex, MD

What is the average rent in Essex, MD?

$1,049/month

Average Rent

595 Sq Ft

Average Apartment Size

+6.6%

Increase in the Last Year

As of June 2025, the average rent in Essex, MD is $1,049 per month. This is 36% lower than the national average rent of $1,628/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 $909 per month for a studio, $1,049 for a one-bedroom apartment, and around $1,216 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,723 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$909/month
365 Sq Ft
One Bedroom
$1,049/month
595 Sq Ft
Two Bedroom
$1,216/month
799 Sq Ft
Three Bedroom
$1,723/month
1,261 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,096/month
1,417 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,209/month
848 Sq Ft
Four Bedroom
$2,379/month
665 Sq Ft

How much has average rent changed in Essex, MD?

In the past year, rent has increased by 6.6%, which averages out to $70 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 Essex, MD
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Essex, MD
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
75% $1,001 - $1,500/month
19% $1,501 - $2,000/month
6% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Essex?

Based on current rent prices, Homberg, Queen's Purchase and Fox Ridge Manor are the most affordable neighborhoods in Essex.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Homberg
$1,053/month
438 Sq Ft
Queen's Purchase
$1,175/month
685 Sq Ft
Fox Ridge Manor
$1,192/month
691 Sq Ft

What are the most expensive neighborhoods in Essex?

Based on current rent prices, Fox Ridge Manor, Queen's Purchase and Homberg are the most expensive neighborhoods in Essex.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Fox Ridge Manor
$1,192/month
691 Sq Ft
Queen's Purchase
$1,175/month
685 Sq Ft
Homberg
$1,053/month
438 Sq Ft

Which Essex neighborhoods have the most rentals available?

The neighborhoods in Essex with the most apartments available are Homberg, Queen's Purchase and Fox Ridge Manor .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Homberg
$1,053/month
438 Sq Ft
Queen's Purchase
$1,175/month
685 Sq Ft
Fox Ridge Manor
$1,192/month
691 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Essex is $1,049, you’ll want to make about $3,496 per month or $41,952 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

618 Available Apartments for Rent

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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

Homberg

Essex, MD

Fox Ridge Manor

Essex, MD

Studio
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends

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

Apartment communities in Essex we think you'll love

Commons at Whitemarsh

Commons at Whitemarsh

9901 Langs Rd,
Middle River, MD 21220

1-3 Beds | $1,275 - $1,995

Harbor Estates

Harbor Estates

911 S Marlyn Ave,
Essex, MD 21221

2-3 Beds | $1,153 - $1,695

The Apartments at Canterbury

The Apartments at Canterbury

9206 Oswald Way,
Rosedale, MD 21237

1-3 Beds | $1,302 - $2,680

Kings Mill Apartments and Townhomes

Kings Mill Apartments and Townhomes

1460 Hadwick Dr,
Essex, MD 21221

1-2 Beds | $1,038 - $1,349

Learn More with Helpful Articles

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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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity