Lochearn, 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 Lochearn, Maryland rental market.

Lochearn, Maryland

Average Apartment Rent

$1,432

Y-o-Y Change in Average
Apartment Rent

1.9%

As of March 2026

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

Lochearn, 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
Lochearn $1,389 $1,378 $1,390 $1,423 $1,452 $1,406 $1,432 $1,409 $1,432
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Lochearn
National
Jul 2023
$1,389
$1,735
Nov 2023
$1,378
$1,724
Mar 2024
$1,390
$1,729
Jul 2024
$1,423
$1,750
Nov 2024
$1,452
$1,743
Mar 2025
$1,406
$1,749
Jul 2025
$1,432
$1,763
Nov 2025
$1,409
$1,749
Mar 2026
$1,432
$1,750

Lochearn, Maryland Average Apartment Rent

Lochearn, 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 75.91%, apartments priced $1,000 - $1,500 represent the bulk of Lochearn, Maryland rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.08%.

Lochearn, Maryland Housing tenure**

Renter occupied housing units 3,342
Owner occupied housing units 6,962

Renters take up 32% of Lochearn, Maryland real estate, occupying a total of 3,342 units, while homeowners live in 6,962 properties.

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

4.6

Renter median household income**

$46,606

Average household size of renter-occupied housing units**

2.56

Rental vacancy rate**

5.5%

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

No bedrooms 278
1 bed 885
2 beds 1,674
3 beds 408
4 beds 41
5 or more beds 56

There are 1,674 rentals in Lochearn, Maryland with 2 beds making up the highest share of the market, at 50%. Units with 4 beds, on the other hand, hold the lowest percentage (1%), amounting to 41 units. Overall, the median number of rooms in Lochearn, Maryland homes for rent is 4.6.

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

15 - 24 years 129
25 - 34 years 703
35 - 44 years 578
45 - 54 years 814
55 - 59 years 242
60 - 64 years 246
65 - 74 years 244
75 - 84 years 221
85 years and over 165

Most condos for rent in Lochearn, Maryland are occupied by residents in the 45 - 54 years age group (24%), followed by those in the 25 - 34 years age group (21%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 4%.

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

Family households 1,794
Non-Family Households 1,548

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

With related children of the householder under 18 1,137
No related children of the householder under 18 2,205

A total of 1,794 apartments for rent in Lochearn, Maryland, or 54% of all rentals are family households. Additionally, 34% of rental homes include children under the age of 18 – that’s 1,137 units. All in all, the median size of a renter-occupied household in Lochearn, Maryland is 2.56.

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

Less than high school graduate 315
High school graduate (including equivalency) 1,003
Some college or associate's degree 1,182
Bachelor's degree or higher 842

In terms of education, renters holding bachelor degrees or higher make up 25% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in Lochearn, Maryland.

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

Built 2010 - 2019 21
Built 2000 - 2009 198
Built 1990 - 1999 370
Built 1980 - 1989 615
Built 1970 - 1979 624
Built 1960 - 1969 915
Built 1950 - 1959 260
Built 1940 - 1949 154
Built 1939 or earlier 185

The highest share of Lochearn, Maryland apartment rentals, namely 27% or 915 units, were Built 1960 - 1969, followed by those Built 1970 - 1979 (19%, 624 units), and the ones Built 1980 - 1989 (18%, 615 units).

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

Moved in 2021 or later 160
Moved in 2018 to 2020 1,316
Moved in 2010 to 2017 1,165
Moved in 2000 to 2009 404
Moved in 1990 to 1999 170
Moved in 1989 or earlier 127

Median year renter moved into unit 2017

Most Lochearn, Maryland renters (39%) moved in 2018 to 2020, while only 4% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Lochearn, Maryland condos for rent is 2017.

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

No vehicle available 486
1 vehicle available 1,903
2 vehicles available 702
3 vehicles available 89
4 vehicles available 93
5 or more vehicles available 69

When it comes to transportation options, 57% of Lochearn, Maryland renters have 1 vehicle available per household, 21% of them have 2 vehicles available, and 15% have No vehicle available.

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

Car, truck, or van - drove alone 2,892
Car, truck, or van - carpooled 297
Public transportation (excluding taxicab) 406
Walked 56
Taxicab, motorcycle, bicycle, or other means 55
Worked at home 73

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

Same house as 1 year ago 6,929
Moved within same county 774
Moved from different county within same state 171
Moved from different state 283
Moved from abroad 97

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 Lochearn, 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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