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Rental Market Trends in Takoma Park, MD

Updated July 2026

The average rent in Takoma Park, MD is $1,334/month.

Rent in Takoma Park is 20% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.

$1,334/month

Average Rent

619 Sq Ft

Average Size

+0.9%

Change / Year

421

Available Apartments

Takoma Park rent varies by unit size and layout:

  • Studio apartments in Takoma Park average $1,085 per month.
  • One-bedroom apartments in Takoma Park average $1,334 per month.
  • Two-bedroom apartments in Takoma Park average $1,709 per month.
  • Three-bedroom apartments in Takoma Park average $1,832 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,085/month
548 Sq Ft
One Bedroom
$1,334/month
619 Sq Ft
Two Bedroom
$1,709/month
879 Sq Ft
Three Bedroom
$1,832/month
1,047 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,940/month
1,134 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,055/month
777 Sq Ft
View Takoma Park Apartments

How much has average rent changed in Takoma Park, MD?

In the past year, rent has increased by 0.9%, which averages out to $13 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Takoma Park, MD

July 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
11% $700 - $1,000/month
56% $1,001 - $1,500/month
32% $1,501 - $2,000/month
2% Above $2,000/month

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

Because the average rent in Takoma Park is $1,334, you’ll want to make about $4,446 per month or $53,352 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

421 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.

View the Takoma Park Area Guide

Apartment Averages

Compare Rent Trends Nearby

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

  • Silver Spring

    Silver Spring

  • Hyattsville

    Hyattsville

Apartment Communities in Takoma Park We Think You'll Love

The Glade on Laurel

The Glade on Laurel

6830-6896 Laurel St NW,
Washington, DC 20012

Studio - 2 Beds | $1,420 - $3,748

Affinity on Georgia

Affinity on Georgia

8021 Georgia Ave,
Silver Spring, MD 20910

Studio - 2 Beds | $1,545 - $2,676

Entwine Apartments

Entwine Apartments

218 Vine St NW,
Washington, DC 20012

Studio | $1,052 - $1,276

Metro Village Apartments

Metro Village Apartments

7051 Spring Pl,
Washington, DC 20012

Studio - 1 Bed | $1,095 - $1,490

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Frequently Asked Questions

What is the average rent in Takoma Park?

The average rent in Takoma Park is $1,334 per month, which is 19.7% lower than the national average of $1,662.

What is the average rent for a house in Takoma Park?

The average rent for a house in Takoma Park, MD is $2,940 per month.

Are rents going up or down in Takoma Park?

Rents in Takoma Park, MD are increasing, with prices up 0.9% year-over-year and $13 more per month.

What rent range is most common in Takoma Park?

In Takoma Park, MD, 56% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 June 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