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Rental Market Trends in Takoma Park, MD

What is the average rent in Takoma Park, MD?

$1,302/month

Average Rent

621 Sq Ft

Average Apartment Size

+0.8%

Increase in the Last Year

As of January 2026, the average rent in Takoma Park, MD is $1,302 per month. This is 20% lower than the national average rent of $1,624/month, making renting in Takoma Park more affordable than most cities in the US. When you rent an apartment in Takoma Park, you can expect to pay about $1,096 per month for a studio, $1,302 for a one-bedroom apartment, and around $1,684 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,781 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,096/month
571 Sq Ft
One Bedroom
$1,302/month
621 Sq Ft
Two Bedroom
$1,684/month
876 Sq Ft
Three Bedroom
$1,781/month
1,048 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Four Bedroom
$4,624/month
1,779 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 Takoma Park, MD?

In the past year, rent has increased by 0.8%, which averages out to $11 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 January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Takoma Park, MD
Last Updated January 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Takoma Park, MD
Percentage*
Rent Range
0% Below $700/month
9% $700 - $1,000/month
54% $1,001 - $1,500/month
33% $1,501 - $2,000/month
4% Above $2,000/month

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

Because the average rent in Takoma Park is $1,302, you’ll want to make about $4,340 per month or $52,080 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

Takoma Park, MD

435 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Takoma Park, 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 Takoma Park, MD

Apartment Averages

Nearby City Rent Trends

  • Langley Park Average Rent
  • Silver Spring Average Rent
  • Adelphi Average Rent
  • Hyattsville Average Rent
  • Mount Rainier Average Rent

Apartment communities in Takoma Park we think you'll love

Takoma Landing

Takoma Landing

790 Fairview Ave,
Takoma Park, MD 20912

$1,599 - $2,149

1-2 Beds

Metro Village Apartments

Metro Village Apartments

7051 Spring Pl,
Washington, DC 20012

$1,375 - $2,250

Studio - 2 Beds

Takoma Central

Takoma Central

235-255 Carroll St NW,
Washington, DC 20012

$1,743 - $7,081

Studio - 2 Beds

Affinity on Georgia

Affinity on Georgia

8021 Georgia Ave,
Silver Spring, MD 20910

$1,751 - $4,030

Studio - 2 Beds

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United States Maryland Takoma Park 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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity