Bowie, 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 Bowie, Maryland rental market.

Bowie, Maryland

Average Apartment Rent

$2,273

Y-o-Y Change in Average
Apartment Rent

1.9%

As of March 2026

Compared to a year ago, Bowie, Maryland apartments have recorded a 1.9% rent increase.

Bowie, 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
Bowie $2,185 $2,273 $2,303 $2,313 $2,290 $2,229 $2,285 $2,271 $2,273
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Bowie
National
Jul 2023
$2,185
$1,735
Nov 2023
$2,273
$1,724
Mar 2024
$2,303
$1,729
Jul 2024
$2,313
$1,750
Nov 2024
$2,290
$1,743
Mar 2025
$2,229
$1,749
Jul 2025
$2,285
$1,763
Nov 2025
$2,271
$1,749
Mar 2026
$2,273
$1,750

Bowie, Maryland Average Apartment Rent

Bowie, 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 52.03%, apartments priced $2,000 - $2,500 represent the bulk of Bowie, Maryland rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 0.04%.

Bowie, Maryland Housing tenure**

Renter occupied housing units 2,912
Owner occupied housing units 17,963

Renters take up 14% of Bowie, Maryland real estate, occupying a total of 2,912 units, while homeowners live in 17,963 properties.

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

5

Renter median household income**

$81,364

Average household size of renter-occupied housing units**

2.48

Rental vacancy rate**

2.7%

Bowie, Maryland Renter-occupied housing units by no. of bedrooms**

No bedrooms 96
1 bed 620
2 beds 748
3 beds 923
4 beds 501
5 or more beds 24

There are 923 rentals in Bowie, Maryland with 3 beds making up the highest share of the market, at 32%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 24 units. Overall, the median number of rooms in Bowie, Maryland homes for rent is 5.

Bowie, Maryland Renter-occupied units by age of householder**

15 - 24 years 71
25 - 34 years 341
35 - 44 years 576
45 - 54 years 614
55 - 59 years 149
60 - 64 years 220
65 - 74 years 484
75 - 84 years 265
85 years and over 192

Most condos for rent in Bowie, Maryland are occupied by residents in the 45 - 54 years age group (21%), followed by those in the 35 - 44 years age group (20%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.

Bowie, Maryland Renter-occupied housing units by family type**

Family households 1,808
Non-Family Households 1,104

Bowie, Maryland Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 870
No related children of the householder under 18 2,042

A total of 1,808 apartments for rent in Bowie, Maryland, or 62% of all rentals are family households. Additionally, 30% of rental homes include children under the age of 18 – that’s 870 units. All in all, the median size of a renter-occupied household in Bowie, Maryland is 2.48.

Bowie, Maryland Renter-occupied housing units by educational attainment**

Less than high school graduate 148
High school graduate (including equivalency) 683
Some college or associate's degree 802
Bachelor's degree or higher 1,279

In terms of education, renters holding bachelor degrees or higher make up 44% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Bowie, Maryland.

Bowie, Maryland Renter-occupied units by year structure built**

Built 2010 - 2019 348
Built 2000 - 2009 272
Built 1990 - 1999 710
Built 1980 - 1989 650
Built 1970 - 1979 379
Built 1960 - 1969 436
Built 1950 - 1959 85
Built 1939 or earlier 32

The highest share of Bowie, Maryland apartment rentals, namely 24% or 710 units, were Built 1990 - 1999, followed by those Built 1980 - 1989 (22%, 650 units), and the ones Built 1960 - 1969 (15%, 436 units).

Bowie, Maryland Renter-occupied units by year householder moved in**

Moved in 2021 or later 261
Moved in 2018 to 2020 819
Moved in 2010 to 2017 1,500
Moved in 2000 to 2009 236
Moved in 1990 to 1999 80
Moved in 1989 or earlier 16

Median year renter moved into unit 2016

Most Bowie, Maryland renters (52%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Bowie, Maryland condos for rent is 2016.

Bowie, Maryland Renter-occupied housing units by vehicles available**

No vehicle available 338
1 vehicle available 1,212
2 vehicles available 1,055
3 vehicles available 218
4 vehicles available 32
5 or more vehicles available 57

When it comes to transportation options, 42% of Bowie, Maryland renters have 1 vehicle available per household, 36% of them have 2 vehicles available, and 12% have No vehicle available.

Bowie, Maryland Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 2,439
Car, truck, or van - carpooled 308
Public transportation (excluding taxicab) 107
Walked 29
Taxicab, motorcycle, bicycle, or other means 63
Worked at home 536

Bowie, Maryland Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 5,868
Moved within same county 871
Moved from different county within same state 166
Moved from different state 281

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 Bowie, 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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