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Rental Market Trends in Princess Anne, MD

What is the average rent in Princess Anne, MD?

$687/month

Average Rent

700 Sq Ft

Average Apartment Size

+1.7%

Increase in the Last Year

As of March 2026, the average rent in Princess Anne, MD is $687 per month. This is 58% lower than the national average rent of $1,627/month, making renting in Princess Anne more affordable than most cities in the US. When you rent an apartment in Princess Anne, you can expect to pay about $545 per month for a studio, $687 for a one-bedroom apartment, and around $1,281 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,439 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$545/month
500 Sq Ft
One Bedroom
$687/month
700 Sq Ft
Two Bedroom
$1,281/month
857 Sq Ft
Three Bedroom
$1,439/month
540 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 Princess Anne, MD?

In the past year, rent has increased by 1.7%, which averages out to $12 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Princess Anne, MD
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Princess Anne, MD
Percentage*
Rent Range
17% Below $700/month
17% $700 - $1,000/month
67% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Princess Anne is $687, you’ll want to make about $2,290 per month or $27,480 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

Princess Anne, MD

18 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Princess Anne, 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 Princess Anne, MD

Apartment Averages

Nearby City Rent Trends

  • Salisbury Average Rent

Apartment communities in Princess Anne we think you'll love

Hawks Plaza

Hawks Plaza

10800 Clipper Cir,
Princess Anne, MD 21853

$1,295

2 Beds

30514 Dr William P. Hytche Blvd

30514 Dr William P. Hytche Blvd

30514 Dr William P. Hytche Blvd,
Princess Anne, MD 21853

$795

Studio

30514 Dr William P. Hytche Blvd

30514 Dr William P. Hytche Blvd

30514 Dr William P. Hytche Blvd,
Princess Anne, MD 21853

$995

1 Bed

30514 Dr William P. Hytche Blvd

30514 Dr William P. Hytche Blvd

30514 Dr William P. Hytche Blvd,
Princess Anne, MD 21853

$795

Studio

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United States Maryland Princess Anne 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 February 2026.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity