TowsonTown Place Apartments
6906 Donachie Rd,
Baltimore, MD 21239
$1,198 - $4,800
Studio - 3 Beds
Rental Market Trends in Parkville, MD
What is the average rent in Parkville, MD?
$1,391/month
Average Rent
735 Sq Ft
Average Apartment Size
+2.9%
Increase in the Last Year
As of April 2026, the average rent in Parkville, MD is $1,391 per month. This is 15% lower than the national average rent of $1,641/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, $1,391 for a one-bedroom apartment, and around $1,539 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,175 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Parkville, MD?
In the past year, rent has increased by 2.9%, which averages out to $41 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 April 2026
Legend
2025
2026
Rent Ranges in Parkville, MD
Last Updated April 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
38%
$1,001 - $1,500/month
54%
$1,501 - $2,000/month
8%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Parkville?
Based on current rent prices, Loch Raven Heights, Towson Crossing and Perring Park are the most affordable neighborhoods in Parkville.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Parkville?
Based on current rent prices, Spring Hill, Carney and Perring Park are the most expensive neighborhoods in Parkville.
Neighborhood
Average Rent
Average Sq Ft
Which Parkville neighborhoods have the most rentals available?
The neighborhoods in Parkville with the most apartments available are Carney, Spring Hill and Towson Crossing .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Parkville, MD?
Because the average rent in Parkville is $1,391, you’ll want to make about $4,636 per month or $55,632 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.
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.
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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 February 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.