Paramount-Long Meadow, 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 Paramount-Long Meadow, Maryland rental market.

Paramount-Long Meadow, Maryland

Average Apartment Rent

$1,558

Y-o-Y Change in Average
Apartment Rent

2.5%

As of August 2026

Compared to a year ago, Paramount-Long Meadow, Maryland apartments have recorded a 2.5% rent increase.

Paramount-Long Meadow, Maryland Average apartment rent trend

Median Rent Mar 2025 Jul 2025 Nov 2025 Mar 2026 Jul 2026
Paramount-Long Meadow $1,475 $1,523 $1,487 $1,510 $1,527
National $1,736 $1,756 $1,748 $1,755 $1,768
Paramount-Long Meadow
National
Mar 2025
$1,475
$1,736
Jul 2025
$1,523
$1,756
Nov 2025
$1,487
$1,748
Mar 2026
$1,510
$1,755
Jul 2026
$1,527
$1,768

Paramount-Long Meadow, Maryland Average Apartment Rent

Paramount-Long Meadow, 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 54.57%, apartments priced $1,500 - $2,000 represent the bulk of Paramount-Long Meadow, Maryland rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.03%.

Paramount-Long Meadow, Maryland Housing tenure**

Renter occupied housing units 199
Owner occupied housing units 755

Renters take up 21% of Paramount-Long Meadow, Maryland real estate, occupying a total of 199 units, while homeowners live in 755 properties.

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

4.7

Renter median household income**

$54,676

Average household size of renter-occupied housing units**

2.36

Paramount-Long Meadow, Maryland Renter-occupied housing units by no. of bedrooms**

No bedrooms 14
2 beds 155
4 beds 30

There are 155 rentals in Paramount-Long Meadow, Maryland with 2 beds making up the highest share of the market, at 78%. Units with No bedrooms, on the other hand, hold the lowest percentage (7%), amounting to 14 units. Overall, the median number of rooms in Paramount-Long Meadow, Maryland homes for rent is 4.7.

Paramount-Long Meadow, Maryland Renter-occupied units by age of householder**

15 - 24 years 53
25 - 34 years 31
35 - 44 years 64
45 - 54 years 32
60 - 64 years 1
65 - 74 years 18

Most condos for rent in Paramount-Long Meadow, Maryland are occupied by residents in the 35 - 44 years age group (32%), followed by those in the 15 - 24 years age group (27%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 1%.

Paramount-Long Meadow, Maryland Renter-occupied housing units by family type**

Family households 130
Non-Family Households 69

Paramount-Long Meadow, Maryland Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 80
No related children of the householder under 18 119

A total of 130 apartments for rent in Paramount-Long Meadow, Maryland, or 65% of all rentals are family households. Additionally, 40% of rental homes include children under the age of 18 – that’s 80 units. All in all, the median size of a renter-occupied household in Paramount-Long Meadow, Maryland is 2.36.

Paramount-Long Meadow, Maryland Renter-occupied housing units by educational attainment**

High school graduate (including equivalency) 52
Some college or associate's degree 114
Bachelor's degree or higher 33

In terms of education, renters holding bachelor degrees or higher make up 17% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Paramount-Long Meadow, Maryland.

Paramount-Long Meadow, Maryland Renter-occupied units by year structure built**

Built 2000 - 2009 70
Built 1990 - 1999 24
Built 1960 - 1969 67
Built 1950 - 1959 1
Built 1939 or earlier 37

The highest share of Paramount-Long Meadow, Maryland apartment rentals, namely 35% or 70 units, were Built 2000 - 2009, followed by those Built 1960 - 1969 (34%, 67 units), and the ones Built 1939 or earlier (19%, 37 units).

Paramount-Long Meadow, Maryland Renter-occupied units by year householder moved in**

Moved in 2021 or later 39
Moved in 2018 to 2020 113
Moved in 2010 to 2017 47

Median year renter moved into unit 2019

Most Paramount-Long Meadow, Maryland renters (57%) moved in 2018 to 2020, while only 20% of them moved in 2021 or later. Overall, the median year renters have occupied their Paramount-Long Meadow, Maryland condos for rent is 2019.

Paramount-Long Meadow, Maryland Renter-occupied housing units by vehicles available**

1 vehicle available 79
2 vehicles available 88
5 or more vehicles available 32

When it comes to transportation options, 44% of Paramount-Long Meadow, Maryland renters have 2 vehicles available per household, 40% of them have 1 vehicle available, and 16% have 5 or more vehicles available.

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

Car, truck, or van - drove alone 128
Car, truck, or van - carpooled 101
Worked at home 36

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

Same house as 1 year ago 234
Moved within same county 169
Moved from different county within same state 23
Moved from different state 17
Moved from abroad 3

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 Paramount-Long Meadow, 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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