Parole, 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 Parole, Maryland rental market.
Parole, Maryland
Average Apartment Rent
$2,493
Y-o-Y Change in Average
Apartment Rent
-0.8%
As of May 2026
Compared to a year ago, Parole, Maryland apartments have recorded a -0.8% rent decrease.
Parole, Maryland Average apartment rent trend
Parole, Maryland Average Apartment Rent
Parole, Maryland Apartment rent ranges
At 40.95%, apartments priced $2,000 - $2,500 represent the bulk of Parole, Maryland rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 16.2%.
Parole, Maryland Housing tenure**
Renters take up 37% of Parole, Maryland real estate, occupying a total of 3,572 units, while homeowners live in 6,132 properties.
Median number of rooms of renter-occupied housing units**
3.9
Renter median household income**
$97,212
Average household size of renter-occupied housing units**
1.8
Rental vacancy rate**
2.7%
Parole, Maryland Renter-occupied housing units by no. of bedrooms**
There are 1,704 rentals in Parole, Maryland with 2 beds making up the highest share of the market, at 48%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 29 units. Overall, the median number of rooms in Parole, Maryland homes for rent is 3.9.
Parole, Maryland Renter-occupied units by age of householder**
Most condos for rent in Parole, Maryland are occupied by residents in the 25 - 34 years age group (24%), followed by those in the 65 - 74 years age group (18%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 3%.
Parole, Maryland Renter-occupied housing units by family type**
Parole, Maryland Renter-occupied housing units by the presence of own children**
A total of 1,206 apartments for rent in Parole, Maryland, or 34% of all rentals are family households. Additionally, 9% of rental homes include children under the age of 18 – that’s 335 units. All in all, the median size of a renter-occupied household in Parole, Maryland is 1.8.
Parole, Maryland Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 63% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Parole, Maryland.
Parole, Maryland Renter-occupied units by year structure built**
The highest share of Parole, Maryland apartment rentals, namely 26% or 928 units, were Built 1990 - 1999, followed by those Built 2010 - 2019 (23%, 839 units), and the ones Built 2000 - 2009 (23%, 827 units).
Parole, Maryland Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Parole, Maryland renters (41%) moved in 2018 to 2020, while only 4% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Parole, Maryland condos for rent is 2018.
Parole, Maryland Renter-occupied housing units by vehicles available**
When it comes to transportation options, 51% of Parole, Maryland renters have 1 vehicle available per household, 31% of them have 2 vehicles available, and 9% have No vehicle available.
Parole, Maryland Means of transportation to work of householders living in renter-occupied housing units**
Parole, 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 Parole, 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
