Peppermill Village, 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 Peppermill Village, Maryland rental market.
Peppermill Village, Maryland
Average Apartment Rent
$1,529
Y-o-Y Change in Average
Apartment Rent
-3.2%
As of May 2026
Compared to a year ago, Peppermill Village, Maryland apartments have recorded a -3.2% rent decrease.
Peppermill Village, Maryland Average apartment rent trend
Peppermill Village, Maryland Average Apartment Rent
Peppermill Village, Maryland Apartment rent ranges
At 66.08%, apartments priced $1,500 - $2,000 represent the bulk of Peppermill Village, Maryland rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.2%.
Peppermill Village, Maryland Housing tenure**
Renters take up 19% of Peppermill Village, Maryland real estate, occupying a total of 357 units, while homeowners live in 1,505 properties.
Median number of rooms of renter-occupied housing units**
5.8
Renter median household income**
$61,064
Average household size of renter-occupied housing units**
3.5
Rental vacancy rate**
3.8%
Peppermill Village, Maryland Renter-occupied housing units by no. of bedrooms**
There are 181 rentals in Peppermill Village, Maryland with 3 beds making up the highest share of the market, at 51%. Units with 2 beds, on the other hand, hold the lowest percentage (9%), amounting to 31 units. Overall, the median number of rooms in Peppermill Village, Maryland homes for rent is 5.8.
Peppermill Village, Maryland Renter-occupied units by age of householder**
Most condos for rent in Peppermill Village, Maryland are occupied by residents in the 65 - 74 years age group (23%), followed by those in the 35 - 44 years age group (21%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 4%.
Peppermill Village, Maryland Renter-occupied housing units by family type**
Peppermill Village, Maryland Renter-occupied housing units by the presence of own children**
A total of 292 apartments for rent in Peppermill Village, Maryland, or 82% of all rentals are family households. Additionally, 46% of rental homes include children under the age of 18 – that’s 166 units. All in all, the median size of a renter-occupied household in Peppermill Village, Maryland is 3.5.
Peppermill Village, Maryland Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 13% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Peppermill Village, Maryland.
Peppermill Village, Maryland Renter-occupied units by year structure built**
The highest share of Peppermill Village, Maryland apartment rentals, namely 32% or 114 units, were Built 1990 - 1999, followed by those Built 1970 - 1979 (31%, 111 units), and the ones Built 1960 - 1969 (24%, 85 units).
Peppermill Village, Maryland Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Peppermill Village, Maryland renters (45%) moved in 2010 to 2017, while only 3% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Peppermill Village, Maryland condos for rent is 2016.
Peppermill Village, Maryland Renter-occupied housing units by vehicles available**
When it comes to transportation options, 50% of Peppermill Village, Maryland renters have No vehicle available per household, 29% of them have 2 vehicles available, and 16% have 1 vehicle available.
Peppermill Village, Maryland Means of transportation to work of householders living in renter-occupied housing units**
Peppermill Village, 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 Peppermill Village, 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
