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Rental Market Trends in Laurel, MD

Updated September 2026

The average rent in Laurel, MD is $1,720/month.

Rent in Laurel is roughly equal to the national average rent of of $1,664/month.

$1,720/month

Average Rent

776 Sq Ft

Average Size

+1.9%

Change / Year

1,160

Available Apartments

Laurel rent varies by unit size and layout:

  • Studio apartments in Laurel average $1,426 per month.
  • One-bedroom apartments in Laurel average $1,720 per month.
  • Two-bedroom apartments in Laurel average $2,051 per month.
  • Three-bedroom apartments in Laurel average $2,444 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,426/month
514 Sq Ft
One Bedroom
$1,720/month
776 Sq Ft
Two Bedroom
$2,051/month
1,060 Sq Ft
Three Bedroom
$2,444/month
1,276 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,333/month
1,154 Sq Ft
Three Bedroom
$3,006/month
859 Sq Ft
Four Bedroom
$3,777/month
2,257 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,571/month
834 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,883/month
999 Sq Ft
Four Bedroom
$3,529/month
2,386 Sq Ft
View Laurel Apartments

How much has average rent changed in Laurel, MD?

In the past year, rent has increased by 1.9%, which averages out to $33 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Laurel, MD

September 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
62% $1,501 - $2,000/month
29% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Laurel?

Based on current rent prices, Maryland City, South Laurel and North Laurel are the most affordable neighborhoods in Laurel.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Maryland City
$1,617/month
874 Sq Ft
South Laurel
$1,682/month
764 Sq Ft
North Laurel
$1,775/month
675 Sq Ft
Savage-Guilford
$1,784/month
837 Sq Ft

What are the most expensive neighborhoods in Laurel?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Savage-Guilford
$1,784/month
837 Sq Ft
North Laurel
$1,775/month
675 Sq Ft
South Laurel
$1,682/month
764 Sq Ft
Maryland City
$1,617/month
874 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
$1,682/month
764 Sq Ft
North Laurel
$1,775/month
675 Sq Ft
Maryland City
$1,617/month
874 Sq Ft
Savage-Guilford
$1,784/month
837 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 $1,720, you’ll want to make about $5,733 per month or $68,796 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

1,160 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.

View the Laurel Area Guide

Apartment Averages

Maryland City

Laurel, MD

Savage-Guilford

Laurel, MD

Studio
-
-
One Bedroom
$1,549/month
$1,896/month
Two Bedroom
$1,998/month
$2,131/month
Three Bedroom
$2,387/month
$2,455/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Burtonsville

    Burtonsville

    Avg Rent: $1,572/month

  • Savage

    Savage

    Avg Rent: $1,733/month

  • Annapolis Junction

    Annapolis Junction

    Avg Rent: $2,348/month

  • Beltsville

    Beltsville

    Avg Rent: $1,637/month

Apartment Communities in Laurel We Think You'll Love

Briarwood Place Apartment Homes

Briarwood Place Apartment Homes

8800 Hunting Ln,
Laurel, MD 20708

1-3 Beds | $1,439 - $2,289

Willow Lake Apartment Homes

Willow Lake Apartment Homes

13010 Old Stage Coach Rd,
Laurel, MD 20708

Studio - 3 Beds | $1,370 - $2,235

Elms Watershed

Elms Watershed

3206 Kimberly Ridge Rd,
Laurel, MD 20724

1-5 Beds | $2,299 - $3,730

Bowling Brook Apartments

Bowling Brook Apartments

9000 Stebbing Way,
Laurel, MD 20723

1-2 Beds | $2,229 - $2,745

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Frequently Asked Questions

What is the average rent in Laurel?

The average rent in Laurel is $1,720 per month, which is 3.4% higher than the national average of $1,664.

What is the average rent for a house in Laurel?

The average rent for a house in Laurel, MD is $3,006 per month.

What is the average rent for a condo in Laurel?

The average rent for a condo in Laurel, MD is $1,571 per month.

Are rents going up or down in Laurel?

Rents in Laurel, MD are increasing, with prices up 1.9% year-over-year and $33 more per month.

What rent range is most common in Laurel?

In Laurel, MD, 62% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

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 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