Average Rental Price in Annapolis MD

Are you thinking about taking on a rental or renting a property in Annapolis? It is always good to know what the average price point is. So, what is the average rental price in Annapolis, Md? Today, with the help of Innovative Properties, a property management company in Annapolis, we can take a closer look so that you are covered.

Average Price of Rent in Annapolis

As of August 2021, the average rental price in Annapolis is $1,916, that is an increase of 9% from this time last year. The average sized apartment in the area is 878 square feet.

If you are looking at things even closer to the individual neighborhoods, there is a three-way tie for the highest average rent. That distinction belongs to Rolling Hills, Sherwood Forest and The Downs, which all top at an average price of $2,027. With the most affordable area being Annapolis City, which hits that $1,916 mark.

Comparing Annapolis to other cities, it falls right in a nice medium position. A city like Arlington, for example, has an average rent of $2,220, whereas somewhere like Hyattsville is $1,580. So this puts the city in a very competitive position, especially for all the amazing amenities that Annapolis offers, as well as the proximity to the water.

There is a lot to love about Annapolis and whether you are renting out or renting from your next property, this guide should come in handy throughout your renting experience.

About Innovative Properties

Innovative Properties is a property management company in Anne Arundel County focused on helping residential, commercial, & HOA property clients. With over 30 years of experience in property management and leasing, we can help you rent, sell, or buy your next property in Anne Arundel County.