Essex, MD Rental Market Trends
Last updated: April 11, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Essex is $1,309, a 2.94% increase compared to the previous year, when the average rent was $1,272.
Studio Apartments at $945 offer the most budget-friendly option with 375 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 621 square feet for $1,098, balancing privacy and affordability.
Two-beedroom units at $1,305 offer 811 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,413 sq ft) for $1,827, suitable for larger households.
Average rent in Essex, MD
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,309 | 828 sq. ft. |
| Studio | $945 | 375 sq. ft. |
| 1 Bed | $1,098 | 621 sq. ft. |
| 2 Beds | $1,305 | 811 sq. ft. |
| 3 Beds | $1,827 | 1,413 sq. ft. |
Essex, MD rent trends
Rental prices in Essex, MD have increased by 2.94% over the past year. The average rent moved from $1,272 to $1,309.
What's the typical rent budget in Essex, MD?
The largest share of rentals in Essex, MD (81%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Essex, MD?
6,785 or 42% of the households in Essex, MD are renter-occupied while 9,234 or 58% are owner-occupied.
How Essex Compares to Other Cities
| City | Average Rent |
|---|---|
| Essex | $1,309 |
| Baltimore City | $1,650 |
| Silver Spring | $1,948 |
| Rockville | $2,319 |
| Hyattsville | $1,894 |
| Laurel | $1,937 |
| Frederick | $1,915 |
| Gaithersburg | $1,982 |
| Bethesda | $2,779 |
| Annapolis | $2,251 |
| Columbia | $2,123 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Essex apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.