Waters Edge Townhomes
3953 McDowell Ln,
Halethorpe, MD 21227
1-3 Beds | $1,024 - $1,974
Rental Market Trends in Halethorpe, MD
Updated July 2026
The average rent in Halethorpe, MD is $1,180/month.
Rent in Halethorpe is 29% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$1,180/month
Average Rent
466 Sq Ft
Average Size
+2%
Change / Year
309
Available Apartments
Halethorpe rent varies by unit size and layout:
- Studio apartments in Halethorpe average $705 per month.
- One-bedroom apartments in Halethorpe average $1,180 per month.
- Two-bedroom apartments in Halethorpe average $1,400 per month.
- Three-bedroom apartments in Halethorpe average $2,372 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Halethorpe, MD?
In the past year, rent has increased by 2%, which averages out to $24 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Halethorpe, MD
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
33%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
33%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Halethorpe?
Based on current rent prices, Lansdowne-Baltimore Highlands is the most affordable neighborhood in Halethorpe.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Halethorpe?
Based on current rent prices, Lansdowne-Baltimore Highlands is the most expensive neighborhood in Halethorpe.
Neighborhood
Average Rent
Average Sq Ft
Which Halethorpe neighborhoods have the most rentals available?
The neighborhood in Halethorpe with the most apartments available is Lansdowne-Baltimore Highlands .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Halethorpe, MD?
Because the average rent in Halethorpe is $1,180, you’ll want to make about $3,933 per month or $47,196 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 Halethorpe, MD compare to other nearby cities and neighborhoods?
Use the tool below to compare Halethorpe, 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.
View the Halethorpe Area GuideStudio
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-
One Bedroom
$1,056/month
$1,056/month
Two Bedroom
$1,335/month
$1,335/month
Three Bedroom
$1,708/month
$1,708/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Halethorpe We Think You'll Love
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Frequently Asked Questions
What is the average rent in Halethorpe?
The average rent in Halethorpe is $1,180 per month, which is 29.0% lower than the national average of $1,663.
What is the average rent for a house in Halethorpe?
The average rent for a house in Halethorpe, MD is $1,786 per month.
What is the average rent for a townhome in Halethorpe?
The average rent for a townhome in Halethorpe, MD is $1,563 per month.
Are rents going up or down in Halethorpe?
Rents in Halethorpe, MD are increasing, with prices up 2.0% year-over-year and $24 more per month.
What rent range is most common in Halethorpe?
In Halethorpe, MD, 33% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.