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Rental Market Trends in Princess Anne, MD

Updated September 2026

The average rent in Princess Anne, MD is $695/month.

Rent in Princess Anne is 58% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$695/month

Average Rent

700 Sq Ft

Average Size

+1.2%

Change / Year

19

Available Apartments

Princess Anne rent varies by unit size and layout:

  • Studio apartments in Princess Anne average $552 per month.
  • One-bedroom apartments in Princess Anne average $695 per month.
  • Two-bedroom apartments in Princess Anne average $1,069 per month.
  • Three-bedroom apartments in Princess Anne average $1,432 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$552/month
500 Sq Ft
One Bedroom
$695/month
700 Sq Ft
Two Bedroom
$1,069/month
857 Sq Ft
Three Bedroom
$1,432/month
540 Sq Ft
View Princess Anne Apartments

How much has average rent changed in Princess Anne, MD?

In the past year, rent has increased by 1.2%, which averages out to $9 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Princess Anne, MD

September 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
33% $700 - $1,000/month
50% $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 $695, you’ll want to make about $2,316 per month or $27,792 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

19 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.

View the Princess Anne Area Guide

Apartment Averages

Compare Rent Trends Nearby

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

  • Salisbury

    Salisbury

    Avg Rent: $1,266/month

  • Delmar

    Delmar

    Avg Rent: $916/month

Apartment Communities in Princess Anne We Think You'll Love

The Residences at Pine Knoll

The Residences at Pine Knoll

30475 Pine Knoll Dr,
Princess Anne, MD 21853

2-3 Beds | $972 - $1,123

Hawks Plaza

Hawks Plaza

10800 Clipper Cir,
Princess Anne, MD 21853

2-3 Beds | $1,335 - $1,545

30514 Dr William P. Hytche Blvd

30514 Dr William P. Hytche Blvd

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

4 Beds | $1,195

30540 Black Duck Dr

30540 Black Duck Dr

30540 Black Duck Dr,
Princess Anne, MD 21853

3 Beds | $1,600

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Frequently Asked Questions

What is the average rent in Princess Anne?

The average rent in Princess Anne is $695 per month, which is 58.3% lower than the national average of $1,665.

Are rents going up or down in Princess Anne?

Rents in Princess Anne, MD are increasing, with prices up 1.2% year-over-year and $9 more per month.

What rent range is most common in Princess Anne?

In Princess Anne, MD, 50% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 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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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity