Laurel, MD Rental Market Trends
Last updated: February 18, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Laurel is $1,916, a 1.68% decrease compared to the previous year, when the average rent was $1,949.
Studio Apartments at $1,458 offer the most budget-friendly option with 547 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 789 square feet for $1,668, balancing privacy and affordability.
Two-beedroom units at $2,007 offer 1,054 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,255 sq ft) for $2,389, suitable for larger households.
Average rent in Laurel, MD
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,916 | 970 sq. ft. |
| Studio | $1,458 | 547 sq. ft. |
| 1 Bed | $1,668 | 789 sq. ft. |
| 2 Beds | $2,007 | 1,054 sq. ft. |
| 3 Beds | $2,389 | 1,255 sq. ft. |
Laurel, MD rent trends
Rental prices in Laurel, MD have decreased by 1.68% over the past year. The average rent moved from $1,949 to $1,916.
What's the typical rent budget in Laurel, MD?
The largest share of rentals in Laurel, MD (51%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Laurel, MD?
6,648 or 56% of the households in Laurel, MD are renter-occupied while 5,196 or 44% are owner-occupied.
Average Rent in Laurel, MD By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Laurel City | $1,909 |
How Laurel Compares to Other Cities
| City | Average Rent |
|---|---|
| Laurel | $1,916 |
| Baltimore City | $1,634 |
| Silver Spring | $1,967 |
| Rockville | $2,342 |
| Hyattsville | $1,888 |
| Frederick | $1,928 |
| Gaithersburg | $2,007 |
| Bethesda | $2,699 |
| Annapolis | $2,278 |
| Columbia | $2,114 |
| Glen Burnie | $1,695 |
| Elkridge | $2,127 |
| Lanham, MD | $1,804 |
| Bowie, MD | $2,237 |
| Bladensburg, MD | $1,616 |
| Riverdale, MD | $1,676 |
| Beltsville, MD | $1,885 |
| Greenbelt, MD | $2,066 |
| New Carrollton, MD | $1,829 |
| Burtonsville, MD | $2,005 |
| Glenarden, MD | $1,644 |
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 Laurel 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.