College Park, Maryland Rental Market Trends
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 College Park, Maryland rental market.
College Park, Maryland
Average Apartment Rent
$2,576
Y-o-Y Change in Average
Apartment Rent
0.4%
As of March 2026
Compared to a year ago, College Park, Maryland apartments have recorded a 0.4% rent increase.
College Park, Maryland Average apartment rent trend
College Park, Maryland Average Apartment Rent
College Park, Maryland Apartment rent ranges
At 30.95%, apartments priced $2,000 - $2,500 represent the bulk of College Park, Maryland rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 7.48%.
College Park, Maryland Housing tenure**
Renters take up 59% of College Park, Maryland real estate, occupying a total of 5,222 units, while homeowners live in 3,613 properties.
Median number of rooms of renter-occupied housing units**
3.9
Renter median household income**
$42,065
Average household size of renter-occupied housing units**
2.63
Rental vacancy rate**
6.3%
College Park, Maryland Renter-occupied housing units by no. of bedrooms**
There are 1,527 rentals in College Park, Maryland with 2 beds making up the highest share of the market, at 29%. Units with 3 beds, on the other hand, hold the lowest percentage (7%), amounting to 343 units. Overall, the median number of rooms in College Park, Maryland homes for rent is 3.9.
College Park, Maryland Renter-occupied units by age of householder**
Most condos for rent in College Park, Maryland are occupied by residents in the 15 - 24 years age group (44%), followed by those in the 25 - 34 years age group (25%). At the same time, people in the 45 - 54 years age group make up the lowest share of the local rental market – 3%.
College Park, Maryland Renter-occupied housing units by family type**
College Park, Maryland Renter-occupied housing units by the presence of own children**
A total of 1,118 apartments for rent in College Park, Maryland, or 21% of all rentals are family households. Additionally, 9% of rental homes include children under the age of 18 – that’s 485 units. All in all, the median size of a renter-occupied household in College Park, Maryland is 2.63.
College Park, Maryland Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 37% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in College Park, Maryland.
College Park, Maryland Renter-occupied units by year structure built**
The highest share of College Park, Maryland apartment rentals, namely 29% or 1,502 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (21%, 1,089 units), and the ones Built 1980 - 1989 (11%, 564 units).
College Park, Maryland Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most College Park, Maryland renters (43%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their College Park, Maryland condos for rent is 2019.
College Park, Maryland Renter-occupied housing units by vehicles available**
When it comes to transportation options, 37% of College Park, Maryland renters have 1 vehicle available per household, 29% of them have No vehicle available, and 16% have 2 vehicles available.
College Park, Maryland Means of transportation to work of householders living in renter-occupied housing units**
College Park, Maryland Geographical mobility in the past year for householders living in renter-occupied housing units**
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 College Park, 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
