Odenton, 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 Odenton, Maryland rental market.

Odenton, Maryland

Average Apartment Rent

$2,378

Y-o-Y Change in Average
Apartment Rent

2.2%

As of May 2026

Compared to a year ago, Odenton, Maryland apartments have recorded a 2.2% rent increase.

Odenton, 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
Odenton $2,245 $2,248 $2,278 $2,319 $2,278 $2,302 $2,333 $2,321 $2,355
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Odenton
National
Jul 2023
$2,245
$1,741
Nov 2023
$2,248
$1,732
Mar 2024
$2,278
$1,736
Jul 2024
$2,319
$1,756
Nov 2024
$2,278
$1,749
Mar 2025
$2,302
$1,755
Jul 2025
$2,333
$1,767
Nov 2025
$2,321
$1,753
Mar 2026
$2,355
$1,750

Odenton, Maryland Average Apartment Rent

Odenton, 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 59.66%, apartments priced $2,000 - $2,500 represent the bulk of Odenton, Maryland rentals, while condos priced Over $3,000 hold the lowest share of the market – 6.21%.

Odenton, Maryland Housing tenure**

Renter occupied housing units 6,312
Owner occupied housing units 11,580

Renters take up 35% of Odenton, Maryland real estate, occupying a total of 6,312 units, while homeowners live in 11,580 properties.

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

4.3

Renter median household income**

$82,703

Average household size of renter-occupied housing units**

2.15

Rental vacancy rate**

5.1%

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

No bedrooms 234
1 bed 1,846
2 beds 2,100
3 beds 1,573
4 beds 505
5 or more beds 54

There are 2,100 rentals in Odenton, Maryland with 2 beds making up the highest share of the market, at 33%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 54 units. Overall, the median number of rooms in Odenton, Maryland homes for rent is 4.3.

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

15 - 24 years 368
25 - 34 years 2,364
35 - 44 years 1,421
45 - 54 years 1,153
55 - 59 years 310
60 - 64 years 113
65 - 74 years 410
75 - 84 years 72
85 years and over 101

Most condos for rent in Odenton, Maryland are occupied by residents in the 25 - 34 years age group (37%), followed by those in the 35 - 44 years age group (23%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.

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

Family households 3,342
Non-Family Households 2,970

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

With related children of the householder under 18 1,850
No related children of the householder under 18 4,462

A total of 3,342 apartments for rent in Odenton, Maryland, or 53% of all rentals are family households. Additionally, 29% of rental homes include children under the age of 18 – that’s 1,850 units. All in all, the median size of a renter-occupied household in Odenton, Maryland is 2.15.

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

Less than high school graduate 179
High school graduate (including equivalency) 844
Some college or associate's degree 2,272
Bachelor's degree or higher 3,017

In terms of education, renters holding bachelor degrees or higher make up 48% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Odenton, Maryland.

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

Built 2010 - 2019 1,734
Built 2000 - 2009 1,811
Built 1990 - 1999 1,601
Built 1980 - 1989 307
Built 1970 - 1979 343
Built 1960 - 1969 164
Built 1939 or earlier 281

The highest share of Odenton, Maryland apartment rentals, namely 29% or 1,811 units, were Built 2000 - 2009, followed by those Built 2010 - 2019 (27%, 1,734 units), and the ones Built 1990 - 1999 (25%, 1,601 units).

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

Moved in 2021 or later 515
Moved in 2018 to 2020 3,413
Moved in 2010 to 2017 2,106
Moved in 2000 to 2009 278

Median year renter moved into unit 2019

Most Odenton, Maryland renters (54%) moved in 2018 to 2020, while only 4% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Odenton, Maryland condos for rent is 2019.

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

No vehicle available 451
1 vehicle available 3,025
2 vehicles available 2,281
3 vehicles available 392
4 vehicles available 101
5 or more vehicles available 62

When it comes to transportation options, 48% of Odenton, Maryland renters have 1 vehicle available per household, 36% of them have 2 vehicles available, and 7% have No vehicle available.

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

Car, truck, or van - drove alone 6,305
Car, truck, or van - carpooled 362
Public transportation (excluding taxicab) 269
Walked 217
Taxicab, motorcycle, bicycle, or other means 143
Worked at home 1,202

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

Same house as 1 year ago 9,302
Moved within same county 1,975
Moved from different county within same state 522
Moved from different state 1,328
Moved from abroad 239

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 Odenton, 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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