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Rental Market Trends in Laurel, MD

What is the average rent in Laurel, MD?

$1,693/month

Average Rent

773 Sq Ft

Average Apartment Size

+0.1%

Increase in the Last Year

As of June 2026, the average rent in Laurel, MD is $1,693 per month. For comparison, the national average rent price in the US is currently $1,644/month, which means Laurel rent prices are 3% higher than the national average. When you rent an apartment in Laurel, you can expect to pay about $1,410 per month for a studio, $1,693 for a one-bedroom apartment, and around $2,043 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,435 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,410/month
514 Sq Ft
One Bedroom
$1,693/month
773 Sq Ft
Two Bedroom
$2,043/month
1,056 Sq Ft
Three Bedroom
$2,435/month
1,272 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,150/month
1,498 Sq Ft
Three Bedroom
$2,990/month
1,556 Sq Ft
Four Bedroom
$4,029/month
2,617 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,078/month
709 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,266/month
100 Sq Ft
Two Bedroom
$2,407/month
466 Sq Ft
Three Bedroom
$2,977/month
836 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Laurel, MD
Last Updated June 2026
$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
61% $1,501 - $2,000/month
30% 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, South Laurel, Maryland City and North Laurel are the most affordable neighborhoods in Laurel.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
South Laurel
$1,633/month
745 Sq Ft
Maryland City
$1,654/month
868 Sq Ft
North Laurel
$1,696/month
710 Sq Ft
Savage-Guilford
$1,791/month
850 Sq Ft

What are the most expensive neighborhoods in Laurel?

Based on current rent prices, Savage-Guilford, North Laurel and Maryland City are the most expensive neighborhoods in Laurel.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Savage-Guilford
$1,791/month
850 Sq Ft
North Laurel
$1,696/month
710 Sq Ft
Maryland City
$1,654/month
868 Sq Ft
South Laurel
$1,633/month
745 Sq Ft

Which Laurel neighborhoods have the most rentals available?

The neighborhoods in Laurel with the most apartments available are South Laurel, North Laurel and Maryland City .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
South Laurel
$1,633/month
745 Sq Ft
North Laurel
$1,696/month
710 Sq Ft
Maryland City
$1,654/month
868 Sq Ft
Savage-Guilford
$1,791/month
850 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 $1,693, you’ll want to make about $5,643 per month or $67,716 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

1,517 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

South Laurel

Laurel, MD

Savage-Guilford

Laurel, MD

Studio
$1,292/month
-
One Bedroom
$1,496/month
$1,862/month
Two Bedroom
$1,732/month
$2,142/month
Three Bedroom
$2,094/month
$2,446/month
Search
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Apartment communities in Laurel we think you'll love

Bowling Brook Apartments

Bowling Brook Apartments

9000 Stebbing Way,
Laurel, MD 20723

$2,192 - $2,807

1-2 Beds

Briarwood Place Apartment Homes

Briarwood Place Apartment Homes

8800 Hunting Ln,
Laurel, MD 20708

$1,200 - $1,925

1-3 Beds

Willow Lake Apartment Homes

Willow Lake Apartment Homes

13010 Old Stage Coach Rd,
Laurel, MD 20708

$1,344 - $2,528

Studio - 3 Beds

Woodvale Apartments

Woodvale Apartments

13831 Castle Blvd,
Silver Spring, MD 20904

$1,539 - $2,759

1-3 Beds

Property Management Companies in Laurel, MD

Morgan Properties
Morgan Properties
  • 389

    Communities

  • 107,779

    Units

  • 236

    Cities

5 Communities in Laurel
Grady Management, Inc.
Grady Management, Inc.
  • 52

    Communities

  • 11,925

    Units

  • 34

    Cities

4 Communities in Laurel
Quest Management Group
Quest Management Group
  • 29

    Communities

  • 9,336

    Units

  • 18

    Cities

4 Communities in Laurel
Sage Ventures
Sage Ventures
  • 13

    Communities

  • 4,994

    Units

  • 11

    Cities

4 Communities in Laurel
BDMG Inc
BDMG Inc
  • 10

    Communities

  • 3,951

    Units

  • 7

    Cities

3 Communities in Laurel
AvalonBay
AvalonBay
  • 229

    Communities

  • 78,933

    Units

  • 148

    Cities

2 Communities in Laurel
Gates Hudson
Gates Hudson
  • 99

    Communities

  • 20,128

    Units

  • 40

    Cities

2 Communities in Laurel
Klingbeil Capital Management
Klingbeil Capital Management
  • 35

    Communities

  • 6,290

    Units

  • 27

    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 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.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity