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Rental Market Trends in Laurel, MD

What is the average rent in Laurel, MD?

$1,698/month

Average Rent

776 Sq Ft

Average Apartment Size

+0.1%

Increase in the Last Year

As of September 2025, the average rent in Laurel, MD is $1,698 per month. For comparison, the national average rent price in the US is currently $1,639/month, which means Laurel rent prices are 4% higher than the national average. When you rent an apartment in Laurel, you can expect to pay about $1,432 per month for a studio, $1,698 for a one-bedroom apartment, and around $2,019 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,416 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,432/month
514 Sq Ft
One Bedroom
$1,698/month
776 Sq Ft
Two Bedroom
$2,019/month
1,054 Sq Ft
Three Bedroom
$2,416/month
1,278 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,283/month
1,024 Sq Ft
Three Bedroom
$2,764/month
1,626 Sq Ft
Four Bedroom
$4,276/month
2,435 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,110/month
388 Sq Ft
Two Bedroom
$2,556/month
626 Sq Ft
Three Bedroom
$3,049/month
933 Sq Ft
Four Bedroom
$3,244/month
1,792 Sq Ft

How much has average rent changed in Laurel, MD?

In the past year, rent has increased by 0.1%, which averages out to $2 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 September 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Laurel, MD
Last Updated September 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Laurel, MD
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
7% $1,001 - $1,500/month
65% $1,501 - $2,000/month
28% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Laurel?

Based on current rent prices, Snow Hill Manor, Oak Crest and Snowden Oaks are the most affordable neighborhoods in Laurel.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Snow Hill Manor
$1,473/month
687 Sq Ft
Oak Crest
$1,502/month
693 Sq Ft
Snowden Oaks
$1,502/month
751 Sq Ft
Cluster Oaklands
$1,504/month
750 Sq Ft
Berkshires on Briarwood
$1,510/month
697 Sq Ft
Montpelier
$1,543/month
771 Sq Ft
Maryland City
$1,641/month
876 Sq Ft
Montepelier Woods
$1,647/month
721 Sq Ft
Larium Estates Ashford
$1,784/month
825 Sq Ft
Savage-Guilford
$1,796/month
821 Sq Ft

What are the most expensive neighborhoods in Laurel?

Based on current rent prices, Laurel Lakes, Wilshire and North Laurel are the most expensive neighborhoods in Laurel.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Laurel Lakes
$2,314/month
827 Sq Ft
Wilshire
$2,045/month
873 Sq Ft
North Laurel
$1,960/month
822 Sq Ft
Russett Development
$1,935/month
881 Sq Ft
River Village at Russett
$1,935/month
881 Sq Ft
South Laurel
$1,802/month
732 Sq Ft
Savage-Guilford
$1,796/month
821 Sq Ft
Larium Estates Ashford
$1,784/month
825 Sq Ft
Montepelier Woods
$1,647/month
721 Sq Ft
Maryland City
$1,641/month
876 Sq Ft

Which Laurel neighborhoods have the most rentals available?

The neighborhoods in Laurel with the most apartments available are South Laurel, Laurel Lakes and Larium Estates Ashford .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
South Laurel
$1,802/month
732 Sq Ft
Laurel Lakes
$2,314/month
827 Sq Ft
Larium Estates Ashford
$1,784/month
825 Sq Ft
Snow Hill Manor
$1,473/month
687 Sq Ft
Snowden Oaks
$1,502/month
751 Sq Ft
Maryland City
$1,641/month
876 Sq Ft
Berkshires on Briarwood
$1,510/month
697 Sq Ft
Cluster Oaklands
$1,504/month
750 Sq Ft
Wilshire
$2,045/month
873 Sq Ft
Montpelier
$1,543/month
771 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Laurel is $1,698, you’ll want to make about $5,660 per month or $67,920 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

Laurel, MD

1,476 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Laurel, 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 Laurel, MD

Apartment Averages

Snow Hill Manor

Laurel, MD

Laurel Lakes

Laurel, MD

Studio
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-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
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Nearby City Rent Trends

  • Burtonsville Average Rent
  • Savage Average Rent
  • Beltsville Average Rent

Apartment communities in Laurel we think you'll love

Bowling Brook Apartments

Bowling Brook Apartments

9000 Stebbing Way,
Laurel, MD 20723

$1,948 - $2,743

1-2 Beds

Woodvale Apartments

Woodvale Apartments

13831 Castle Blvd,
Silver Spring, MD 20904

$1,539 - $2,849

1-3 Beds

Lighthouse at Twin Lakes Apartment Homes

Lighthouse at Twin Lakes Apartment Homes

11932 Twinlakes Dr,
Beltsville, MD 20705

$1,235 - $2,565

Studio - 3 Beds

Parke Laurel Apartment Homes

Parke Laurel Apartment Homes

13178 Larchdale Rd,
Laurel, MD 20708

$1,426 - $2,139

1-3 Beds

Property Management Companies in Laurel, MD

Morgan Properties
Morgan Properties
  • 327

    Communities

  • 98,339

    Units

  • 200

    Cities

5 Communities in Laurel
Grady Management, Inc.
Grady Management, Inc.
  • 51

    Communities

  • 12,165

    Units

  • 34

    Cities

4 Communities in Laurel
Sage Ventures
Sage Ventures
  • 11

    Communities

  • 4,545

    Units

  • 10

    Cities

4 Communities in Laurel
Quest Management Group
Quest Management Group
  • 21

    Communities

  • 7,540

    Units

  • 16

    Cities

3 Communities in Laurel
BDMG Inc
BDMG Inc
  • 11

    Communities

  • 4,164

    Units

  • 8

    Cities

3 Communities in Laurel
Bozzuto
Bozzuto
  • 390

    Communities

  • 118,786

    Units

  • 156

    Cities

2 Communities in Laurel
AvalonBay
AvalonBay
  • 236

    Communities

  • 79,539

    Units

  • 154

    Cities

2 Communities in Laurel
Gates Hudson
Gates Hudson
  • 99

    Communities

  • 19,904

    Units

  • 44

    Cities

2 Communities in Laurel

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United States Maryland Laurel 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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