Annapolis (Outside Of City), Maryland Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Annapolis (Outside Of City), Maryland rental market.

Annapolis (Outside Of City), Maryland

Average Apartment Rent

$2,271

Y-o-Y Change in Average
Apartment Rent

-1.2%

As of March 2026

Compared to a year ago, Annapolis (Outside Of City), Maryland apartments have recorded a -1.2% rent decrease.

Annapolis (Outside Of City), Maryland Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Annapolis $2,240 $2,200 $2,266 $2,298 $2,228 $2,245 $2,304 $2,288 $2,271
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Annapolis
National
Jul 2023
$2,240
$1,735
Nov 2023
$2,200
$1,724
Mar 2024
$2,266
$1,729
Jul 2024
$2,298
$1,750
Nov 2024
$2,228
$1,743
Mar 2025
$2,245
$1,749
Jul 2025
$2,304
$1,763
Nov 2025
$2,288
$1,749
Mar 2026
$2,271
$1,750

Annapolis (Outside Of City), Maryland Average Apartment Rent

Annapolis (Outside Of City), Maryland Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 36.57%, apartments priced $2,000 - $2,500 represent the bulk of Annapolis (Outside Of City), Maryland rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.62%.

Annapolis (Outside Of City), Maryland Housing tenure**

Renter occupied housing units 6,828
Owner occupied housing units 10,141

Renters take up 40% of Annapolis (Outside Of City), Maryland real estate, occupying a total of 6,828 units, while homeowners live in 10,141 properties.

Median number of rooms of renter-occupied housing units**

4.5

Renter median household income**

$61,806

Average household size of renter-occupied housing units**

2.34

Rental vacancy rate**

6%

Annapolis (Outside Of City), Maryland Renter-occupied housing units by no. of bedrooms**

No bedrooms 213
1 bed 1,705
2 beds 3,010
3 beds 1,481
4 beds 343
5 or more beds 76

There are 3,010 rentals in Annapolis (Outside Of City), Maryland with 2 beds making up the highest share of the market, at 44%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 76 units. Overall, the median number of rooms in Annapolis (Outside Of City), Maryland homes for rent is 4.5.

Annapolis (Outside Of City), Maryland Renter-occupied units by age of householder**

15 - 24 years 533
25 - 34 years 1,665
35 - 44 years 1,470
45 - 54 years 692
55 - 59 years 625
60 - 64 years 615
65 - 74 years 706
75 - 84 years 298
85 years and over 224

Most condos for rent in Annapolis (Outside Of City), Maryland are occupied by residents in the 25 - 34 years age group (24%), followed by those in the 35 - 44 years age group (22%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.

Annapolis (Outside Of City), Maryland Renter-occupied housing units by family type**

Family households 3,237
Non-Family Households 3,591

Annapolis (Outside Of City), Maryland Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 2,107
No related children of the householder under 18 4,721

A total of 3,237 apartments for rent in Annapolis (Outside Of City), Maryland, or 47% of all rentals are family households. Additionally, 31% of rental homes include children under the age of 18 – that’s 2,107 units. All in all, the median size of a renter-occupied household in Annapolis (Outside Of City), Maryland is 2.34.

Annapolis (Outside Of City), Maryland Renter-occupied housing units by educational attainment**

Less than high school graduate 941
High school graduate (including equivalency) 1,322
Some college or associate's degree 1,800
Bachelor's degree or higher 2,765

In terms of education, renters holding bachelor degrees or higher make up 40% of the rental market. In contrast, residents with less than a high school degree reside in 14% of the homes for rent in Annapolis (Outside Of City), Maryland.

Annapolis (Outside Of City), Maryland Renter-occupied units by year structure built**

Built 2010 - 2019 247
Built 2000 - 2009 651
Built 1990 - 1999 918
Built 1980 - 1989 647
Built 1970 - 1979 1,412
Built 1960 - 1969 1,277
Built 1950 - 1959 563
Built 1940 - 1949 247
Built 1939 or earlier 858

The highest share of Annapolis (Outside Of City), Maryland apartment rentals, namely 21% or 1,412 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (19%, 1,277 units), and the ones Built 1990 - 1999 (13%, 918 units).

Annapolis (Outside Of City), Maryland Renter-occupied units by year householder moved in**

Moved in 2021 or later 644
Moved in 2018 to 2020 2,194
Moved in 2010 to 2017 2,919
Moved in 2000 to 2009 552
Moved in 1990 to 1999 131
Moved in 1989 or earlier 388

Median year renter moved into unit 2016

Most Annapolis (Outside Of City), Maryland renters (43%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Annapolis (Outside Of City), Maryland condos for rent is 2016.

Annapolis (Outside Of City), Maryland Renter-occupied housing units by vehicles available**

No vehicle available 1,033
1 vehicle available 3,904
2 vehicles available 1,428
3 vehicles available 329
4 vehicles available 75
5 or more vehicles available 59

When it comes to transportation options, 57% of Annapolis (Outside Of City), Maryland renters have 1 vehicle available per household, 21% of them have 2 vehicles available, and 15% have No vehicle available.

Annapolis (Outside Of City), Maryland Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 5,425
Car, truck, or van - carpooled 754
Public transportation (excluding taxicab) 542
Walked 476
Taxicab, motorcycle, bicycle, or other means 147
Worked at home 818

Annapolis (Outside Of City), Maryland Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 12,292
Moved within same county 1,640
Moved from different county within same state 687
Moved from different state 926
Moved from abroad 253

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Annapolis (Outside Of City), Maryland apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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