North Laurel, 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 North Laurel, Maryland rental market.
North Laurel, Maryland
Average Apartment Rent
$2,082
Y-o-Y Change in Average
Apartment Rent
0.3%
As of March 2026
Compared to a year ago, North Laurel, Maryland apartments have recorded a 0.3% rent increase.
North Laurel, Maryland Average apartment rent trend
North Laurel, Maryland Average Apartment Rent
North Laurel, Maryland Apartment rent ranges
At 35.7%, apartments priced $2,000 - $2,500 represent the bulk of North Laurel, Maryland rentals, while condos priced Over $3,000 hold the lowest share of the market – 1.83%.
North Laurel, Maryland Housing tenure**
Renters take up 36% of North Laurel, Maryland real estate, occupying a total of 3,122 units, while homeowners live in 5,534 properties.
Median number of rooms of renter-occupied housing units**
4
Renter median household income**
$81,159
Average household size of renter-occupied housing units**
2.4
Rental vacancy rate**
4.6%
North Laurel, Maryland Renter-occupied housing units by no. of bedrooms**
There are 1,941 rentals in North Laurel, Maryland with 2 beds making up the highest share of the market, at 62%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 16 units. Overall, the median number of rooms in North Laurel, Maryland homes for rent is 4.
North Laurel, Maryland Renter-occupied units by age of householder**
Most condos for rent in North Laurel, Maryland are occupied by residents in the 25 - 34 years age group (32%), followed by those in the 35 - 44 years age group (31%). At the same time, people in the 65 - 74 years age group make up the lowest share of the local rental market – 1%.
North Laurel, Maryland Renter-occupied housing units by family type**
North Laurel, Maryland Renter-occupied housing units by the presence of own children**
A total of 1,556 apartments for rent in North Laurel, Maryland, or 50% of all rentals are family households. Additionally, 29% of rental homes include children under the age of 18 – that’s 906 units. All in all, the median size of a renter-occupied household in North Laurel, Maryland is 2.4.
North Laurel, Maryland Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 49% of the rental market. In contrast, residents with less than a high school degree reside in 4% of the homes for rent in North Laurel, Maryland.
North Laurel, Maryland Renter-occupied units by year structure built**
The highest share of North Laurel, Maryland apartment rentals, namely 30% or 950 units, were Built 2000 - 2009, followed by those Built 1970 - 1979 (25%, 775 units), and the ones Built 1990 - 1999 (21%, 645 units).
North Laurel, Maryland Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most North Laurel, Maryland renters (48%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their North Laurel, Maryland condos for rent is 2018.
North Laurel, Maryland Renter-occupied housing units by vehicles available**
When it comes to transportation options, 47% of North Laurel, Maryland renters have 1 vehicle available per household, 43% of them have 2 vehicles available, and 5% have 3 vehicles available.
North Laurel, Maryland Means of transportation to work of householders living in renter-occupied housing units**
North Laurel, 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 North Laurel, 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
