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Rental Market Trends in Parkville, MD

What is the average rent in Parkville, MD?

$1,358/month

Average Rent

732 Sq Ft

Average Apartment Size

+0.2%

Increase in the Last Year

As of June 2025, the average rent in Parkville, MD is $1,358 per month. This is 17% lower than the national average rent of $1,627/month, making renting in Parkville more affordable than most cities in the US. When you rent an apartment in Parkville, you can expect to pay about per month for a studio, $1,358 for a one-bedroom apartment, and around $1,504 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,180 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,358/month
732 Sq Ft
Two Bedroom
$1,504/month
877 Sq Ft
Three Bedroom
$2,180/month
1,155 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,508/month
977 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,040/month
574 Sq Ft
Three Bedroom
$2,302/month
788 Sq Ft

How much has average rent changed in Parkville, MD?

In the past year, rent has increased by 0.2%, which averages out to $3 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 Parkville, MD
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Parkville, MD
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
46% $1,001 - $1,500/month
46% $1,501 - $2,000/month
8% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Parkville?

Based on current rent prices, Loch Raven Heights, Pine Ridge and Spring Hill are the most affordable neighborhoods in Parkville.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Loch Raven Heights
$1,168/month
682 Sq Ft
Pine Ridge
$1,404/month
645 Sq Ft
Spring Hill
$1,594/month
772 Sq Ft
Carney
$1,630/month
733 Sq Ft
Perring Park
$1,705/month
761 Sq Ft
Forestview
$1,795/month
799 Sq Ft
Towson Crossing
$1,845/month
752 Sq Ft

What are the most expensive neighborhoods in Parkville?

Based on current rent prices, Towson Crossing, Forestview and Perring Park are the most expensive neighborhoods in Parkville.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Towson Crossing
$1,845/month
752 Sq Ft
Forestview
$1,795/month
799 Sq Ft
Perring Park
$1,705/month
761 Sq Ft
Carney
$1,630/month
733 Sq Ft
Spring Hill
$1,594/month
772 Sq Ft
Pine Ridge
$1,404/month
645 Sq Ft
Loch Raven Heights
$1,168/month
682 Sq Ft

Which Parkville neighborhoods have the most rentals available?

The neighborhoods in Parkville with the most apartments available are Carney, Forestview and Spring Hill .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Carney
$1,630/month
733 Sq Ft
Forestview
$1,795/month
799 Sq Ft
Spring Hill
$1,594/month
772 Sq Ft
Towson Crossing
$1,845/month
752 Sq Ft
Perring Park
$1,705/month
761 Sq Ft
Loch Raven Heights
$1,168/month
682 Sq Ft
Pine Ridge
$1,404/month
645 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Parkville is $1,358, you’ll want to make about $4,526 per month or $54,312 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

Parkville, MD

545 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Parkville, 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 Parkville, MD

Apartment Averages

Loch Raven Heights

Parkville, MD

Towson Crossing

Parkville, MD

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

  • Nottingham Average Rent
  • Towson Average Rent
  • Perry Hall Average Rent
  • Lutherville Average Rent
  • Rosedale Average Rent
  • White Marsh Average Rent

Apartment communities in Parkville we think you'll love

Northbrooke Township

Northbrooke Township

1 Solar Cir,
Parkville, MD 21234

2 Beds | $1,209 - $1,482

TowsonTown Place Apartments

TowsonTown Place Apartments

6906 Donachie Rd,
Baltimore, MD 21239

Studio - 3 Beds | $1,329 - $3,354

ReNew Parkville

ReNew Parkville

1803 Cobourg Ct,
Parkville, MD 21234

2 Beds | $1,745 - $2,175

Kenilworth at Perring Park Apartments

Kenilworth at Perring Park Apartments

8951 Waltham Woods Rd,
Parkville, MD 21234

1-3 Beds | $1,405 - $2,615

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United States Maryland Parkville 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