Friendly, 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 Friendly, Maryland rental market.

Friendly, Maryland

Average Apartment Rent

$1,612

Y-o-Y Change in Average
Apartment Rent

-1.8%

As of May 2026

Compared to a year ago, Friendly, Maryland apartments have recorded a -1.8% rent decrease.

Friendly, 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
Friendly $1,647 $1,572 $1,595 $1,616 $1,597 $1,606 $1,640 $1,621 $1,607
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Friendly
National
Jul 2023
$1,647
$1,741
Nov 2023
$1,572
$1,732
Mar 2024
$1,595
$1,736
Jul 2024
$1,616
$1,756
Nov 2024
$1,597
$1,749
Mar 2025
$1,606
$1,755
Jul 2025
$1,640
$1,767
Nov 2025
$1,621
$1,753
Mar 2026
$1,607
$1,750

Friendly, Maryland Average Apartment Rent

Friendly, 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 56.12%, apartments priced $1,500 - $2,000 represent the bulk of Friendly, Maryland rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 7.64%.

Friendly, Maryland Housing tenure**

Renter occupied housing units 312
Owner occupied housing units 3,252

Renters take up 9% of Friendly, Maryland real estate, occupying a total of 312 units, while homeowners live in 3,252 properties.

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

8.1

Renter median household income**

$61,515

Average household size of renter-occupied housing units**

4.11

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

No bedrooms 51
3 beds 74
4 beds 106
5 or more beds 81

There are 106 rentals in Friendly, Maryland with 4 beds making up the highest share of the market, at 34%. Units with No bedrooms, on the other hand, hold the lowest percentage (16%), amounting to 51 units. Overall, the median number of rooms in Friendly, Maryland homes for rent is 8.1.

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

35 - 44 years 100
45 - 54 years 50
55 - 59 years 33
60 - 64 years 107
65 - 74 years 11
85 years and over 11

Most condos for rent in Friendly, Maryland are occupied by residents in the 60 - 64 years age group (34%), followed by those in the 35 - 44 years age group (32%). At the same time, people in the 65 - 74 years age group make up the lowest share of the local rental market – 4%.

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

Family households 164
Non-Family Households 148

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

With related children of the householder under 18 133
No related children of the householder under 18 179

A total of 164 apartments for rent in Friendly, Maryland, or 53% of all rentals are family households. Additionally, 43% of rental homes include children under the age of 18 – that’s 133 units. All in all, the median size of a renter-occupied household in Friendly, Maryland is 4.11.

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

Less than high school graduate 64
High school graduate (including equivalency) 149
Some college or associate's degree 60
Bachelor's degree or higher 39

In terms of education, renters holding bachelor degrees or higher make up 13% of the rental market. In contrast, residents with less than a high school degree reside in 21% of the homes for rent in Friendly, Maryland.

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

Built 2010 - 2019 51
Built 2000 - 2009 16
Built 1990 - 1999 14
Built 1980 - 1989 55
Built 1970 - 1979 58
Built 1960 - 1969 77
Built 1940 - 1949 41

The highest share of Friendly, Maryland apartment rentals, namely 25% or 77 units, were Built 1960 - 1969, followed by those Built 1970 - 1979 (19%, 58 units), and the ones Built 1980 - 1989 (18%, 55 units).

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

Moved in 2018 to 2020 52
Moved in 2010 to 2017 198
Moved in 2000 to 2009 21
Moved in 1990 to 1999 14
Moved in 1989 or earlier 27

Median year renter moved into unit 2014

Most Friendly, Maryland renters (63%) moved in 2010 to 2017, while only 4% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Friendly, Maryland condos for rent is 2014.

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

No vehicle available 41
1 vehicle available 146
2 vehicles available 76
3 vehicles available 35
4 or more vehicles available 14

When it comes to transportation options, 47% of Friendly, Maryland renters have 1 vehicle available per household, 24% of them have 2 vehicles available, and 13% have No vehicle available.

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

Car, truck, or van - drove alone 216
Car, truck, or van - carpooled 86
Public transportation (excluding taxicab) 99

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

Same house as 1 year ago 1,210
Moved from different county within same state 73

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 Friendly, 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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