Bel Air South, 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 Bel Air South, Maryland rental market.

Bel Air South, Maryland

Average Apartment Rent

$1,828

Y-o-Y Change in Average
Apartment Rent

5%

As of May 2026

Compared to a year ago, Bel Air South, Maryland apartments have recorded a 5% rent increase.

Bel Air South, 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
Bel Air South $1,728 $1,727 $1,693 $1,726 $1,724 $1,726 $1,736 $1,760 $1,816
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Bel Air South
National
Jul 2023
$1,728
$1,741
Nov 2023
$1,727
$1,732
Mar 2024
$1,693
$1,736
Jul 2024
$1,726
$1,756
Nov 2024
$1,724
$1,749
Mar 2025
$1,726
$1,755
Jul 2025
$1,736
$1,767
Nov 2025
$1,760
$1,753
Mar 2026
$1,816
$1,750

Bel Air South, Maryland Average Apartment Rent

Bel Air South, 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 36.62%, apartments priced $1,000 - $1,500 represent the bulk of Bel Air South, Maryland rentals, while condos priced Over $3,000 hold the lowest share of the market – 1.77%.

Bel Air South, Maryland Housing tenure**

Renter occupied housing units 3,793
Owner occupied housing units 18,339

Renters take up 17% of Bel Air South, Maryland real estate, occupying a total of 3,793 units, while homeowners live in 18,339 properties.

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

4.4

Renter median household income**

$62,274

Average household size of renter-occupied housing units**

2.14

Rental vacancy rate**

0.9%

Bel Air South, Maryland Renter-occupied housing units by no. of bedrooms**

No bedrooms 82
1 bed 1,379
2 beds 1,226
3 beds 833
4 beds 218
5 or more beds 55

There are 1,379 rentals in Bel Air South, Maryland with 1 bed making up the highest share of the market, at 36%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 55 units. Overall, the median number of rooms in Bel Air South, Maryland homes for rent is 4.4.

Bel Air South, Maryland Renter-occupied units by age of householder**

15 - 24 years 156
25 - 34 years 1,154
35 - 44 years 572
45 - 54 years 412
55 - 59 years 235
60 - 64 years 294
65 - 74 years 385
75 - 84 years 294
85 years and over 291

Most condos for rent in Bel Air South, Maryland are occupied by residents in the 25 - 34 years age group (30%), followed by those in the 35 - 44 years age group (15%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 4%.

Bel Air South, Maryland Renter-occupied housing units by family type**

Family households 1,673
Non-Family Households 2,120

Bel Air South, Maryland Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 975
No related children of the householder under 18 2,818

A total of 1,673 apartments for rent in Bel Air South, Maryland, or 44% of all rentals are family households. Additionally, 26% of rental homes include children under the age of 18 – that’s 975 units. All in all, the median size of a renter-occupied household in Bel Air South, Maryland is 2.14.

Bel Air South, Maryland Renter-occupied housing units by educational attainment**

Less than high school graduate 244
High school graduate (including equivalency) 1,080
Some college or associate's degree 1,218
Bachelor's degree or higher 1,251

In terms of education, renters holding bachelor degrees or higher make up 33% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Bel Air South, Maryland.

Bel Air South, Maryland Renter-occupied units by year structure built**

Built 2010 - 2019 533
Built 2000 - 2009 454
Built 1990 - 1999 596
Built 1980 - 1989 816
Built 1970 - 1979 901
Built 1960 - 1969 230
Built 1950 - 1959 124
Built 1940 - 1949 24
Built 1939 or earlier 115

The highest share of Bel Air South, Maryland apartment rentals, namely 24% or 901 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (22%, 816 units), and the ones Built 1990 - 1999 (16%, 596 units).

Bel Air South, Maryland Renter-occupied units by year householder moved in**

Moved in 2021 or later 267
Moved in 2018 to 2020 1,554
Moved in 2010 to 2017 1,514
Moved in 2000 to 2009 311
Moved in 1990 to 1999 126
Moved in 1989 or earlier 21

Median year renter moved into unit 2018

Most Bel Air South, Maryland renters (41%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Bel Air South, Maryland condos for rent is 2018.

Bel Air South, Maryland Renter-occupied housing units by vehicles available**

No vehicle available 597
1 vehicle available 1,777
2 vehicles available 1,141
3 vehicles available 212
4 vehicles available 39
5 or more vehicles available 27

When it comes to transportation options, 47% of Bel Air South, Maryland renters have 1 vehicle available per household, 30% of them have 2 vehicles available, and 16% have No vehicle available.

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

Car, truck, or van - drove alone 3,333
Car, truck, or van - carpooled 429
Walked 114
Taxicab, motorcycle, bicycle, or other means 47
Worked at home 398

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

Same house as 1 year ago 5,849
Moved within same county 1,065
Moved from different county within same state 608
Moved from different state 467
Moved from abroad 111

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 Bel Air South, 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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