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Rental Market Trends in Ocean City, MD

Updated August 2026

The average rent in Ocean City, MD is $714/month.

Rent in Ocean City is 57% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$714/month

Average Rent

0 Sq Ft

Average Size

+1.1%

Change / Year

14

Available Apartments

Ocean City rent varies by unit size and layout:

  • Studio apartments in Ocean City average per month.
  • One-bedroom apartments in Ocean City average $714 per month.
  • Two-bedroom apartments in Ocean City average $1,840 per month.
  • Three-bedroom apartments in Ocean City average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$714/month
0 Sq Ft
Two Bedroom
$1,840/month
792 Sq Ft
View Ocean City Apartments

How much has average rent changed in Ocean City, MD?

In the past year, rent has increased by 1.1%, which averages out to $8 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Ocean City, MD

August 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Ocean City, MD
Percentage*
Rent Range
0% Below $700/month
50% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
50% Above $2,000/month

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

Because the average rent in Ocean City is $714, you’ll want to make about $2,380 per month or $28,560 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

Ocean City, MD

14 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Ocean City, 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 Ocean City Area Guide

Apartment Averages

Apartment Communities in Ocean City We Think You'll Love

300 Robin Dr

300 Robin Dr

300 Robin Dr,
Ocean City, MD 21842

1 Bed | $2,000

1101 Philadelphia Ave

1101 Philadelphia Ave

1101 Philadelphia Ave,
Ocean City, MD 21842

1 Bed | $2,500

12901 Tidal Ln

12901 Tidal Ln

12901 Tidal Ln,
Ocean City, MD 21842

4 Beds | $3,650

11400 Coastal Hwy

11400 Coastal Hwy

11400 Coastal Hwy,
Ocean City, MD 21842

Studio | $2,475

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Frequently Asked Questions

What is the average rent in Ocean City?

The average rent in Ocean City is $714 per month, which is 57.1% lower than the national average of $1,663.

Are rents going up or down in Ocean City?

Rents in Ocean City, MD are increasing, with prices up 1.1% year-over-year and $8 more per month.

What rent range is most common in Ocean City?

In Ocean City, MD, 50% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Maryland Ocean City 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