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Rental Market Trends in Laurel, MD

What is the average rent in Laurel, MD?

$1,715/month

Average Rent

776 Sq Ft

Average Apartment Size

+1%

Increase in the Last Year

As of June 2025, the average rent in Laurel, MD is $1,715 per month. For comparison, the national average rent price in the US is currently $1,627/month, which means Laurel rent prices are 5% higher than the national average. When you rent an apartment in Laurel, you can expect to pay about $1,389 per month for a studio, $1,715 for a one-bedroom apartment, and around $2,040 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,415 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,389/month
514 Sq Ft
One Bedroom
$1,715/month
776 Sq Ft
Two Bedroom
$2,040/month
1,054 Sq Ft
Three Bedroom
$2,415/month
1,269 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,124/month
974 Sq Ft
Four Bedroom
$3,637/month
2,942 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,373/month
365 Sq Ft
Two Bedroom
$2,499/month
1,107 Sq Ft
Three Bedroom
$3,026/month
1,068 Sq Ft

How much has average rent changed in Laurel, MD?

In the past year, rent has increased by 1%, which averages out to $17 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 Laurel, MD
Last Updated June 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
9% $1,001 - $1,500/month
59% $1,501 - $2,000/month
31% 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 Berkshires on Briarwood are the most affordable neighborhoods in Laurel.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Snow Hill Manor
$1,418/month
693 Sq Ft
Oak Crest
$1,426/month
693 Sq Ft
Berkshires on Briarwood
$1,428/month
698 Sq Ft
Cluster Oaklands
$1,496/month
749 Sq Ft
Snowden Oaks
$1,498/month
749 Sq Ft
Oak Grove
$1,503/month
684 Sq Ft
Montpelier
$1,550/month
759 Sq Ft
Maryland City
$1,658/month
872 Sq Ft
Montepelier Woods
$1,680/month
723 Sq Ft
Savage-Guilford
$1,697/month
800 Sq Ft

What are the most expensive neighborhoods in Laurel?

Based on current rent prices, Laurel Lakes, Russett Development and River Village at Russett are the most expensive neighborhoods in Laurel.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Laurel Lakes
$2,235/month
778 Sq Ft
Russett Development
$2,017/month
897 Sq Ft
River Village at Russett
$2,017/month
897 Sq Ft
Wilshire
$2,009/month
806 Sq Ft
Larium Estates Ashford
$1,837/month
795 Sq Ft
North Laurel
$1,795/month
720 Sq Ft
South Laurel
$1,702/month
731 Sq Ft
Savage-Guilford
$1,697/month
800 Sq Ft
Montepelier Woods
$1,680/month
723 Sq Ft
Maryland City
$1,658/month
872 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 Snowden Oaks .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
South Laurel
$1,702/month
731 Sq Ft
Laurel Lakes
$2,235/month
778 Sq Ft
Snowden Oaks
$1,498/month
749 Sq Ft
Cluster Oaklands
$1,496/month
749 Sq Ft
Larium Estates Ashford
$1,837/month
795 Sq Ft
Snow Hill Manor
$1,418/month
693 Sq Ft
Berkshires on Briarwood
$1,428/month
698 Sq Ft
Oak Crest
$1,426/month
693 Sq Ft
Maryland City
$1,658/month
872 Sq Ft
Montpelier
$1,550/month
759 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 $1,715, you’ll want to make about $5,716 per month or $68,592 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

1,387 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
-
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Search
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Nearby City Rent Trends

  • Burtonsville Average Rent
  • Savage Average Rent
  • Annapolis Junction Average Rent
  • Beltsville Average Rent

Apartment communities in Laurel we think you'll love

Elms at the Refuge

Elms at the Refuge

3201 Fluvial Ln,
Laurel, MD 20724

1-3 Beds | $2,020 - $3,620

Bowling Brook Apartments

Bowling Brook Apartments

9000 Stebbing Way,
Laurel, MD 20723

1-2 Beds | $2,081 - $2,783

Woodvale Apartments

Woodvale Apartments

13831 Castle Blvd,
Silver Spring, MD 20904

1-3 Beds | $1,497 - $207,400

SouthRidge

SouthRidge

9523 Muirkirk Rd,
Laurel, MD 20708

Studio - 3 Beds | $1,480 - $2,305

Property Management Companies in Laurel, MD

Morgan Properties
Morgan Properties
  • 325

    Communities

  • 97,635

    Units

  • 199

    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

  • 7,530

    Units

  • 16

    Cities

3 Communities in Laurel
BDMG Inc
BDMG Inc
  • 10

    Communities

  • 3,951

    Units

  • 7

    Cities

3 Communities in Laurel
Bozzuto
Bozzuto
  • 386

    Communities

  • 117,599

    Units

  • 154

    Cities

2 Communities in Laurel
AvalonBay
AvalonBay
  • 230

    Communities

  • 78,291

    Units

  • 150

    Cities

2 Communities in Laurel
Gates Hudson
Gates Hudson
  • 104

    Communities

  • 21,882

    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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity