Perry Hall, 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 Perry Hall, Maryland rental market.

Perry Hall, Maryland

Average Apartment Rent

$1,747

Y-o-Y Change in Average
Apartment Rent

1.2%

As of May 2026

Compared to a year ago, Perry Hall, Maryland apartments have recorded a 1.2% rent increase.

Perry Hall, 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
Perry Hall $1,613 $1,637 $1,644 $1,672 $1,636 $1,709 $1,733 $1,723 $1,765
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Perry Hall
National
Jul 2023
$1,613
$1,741
Nov 2023
$1,637
$1,732
Mar 2024
$1,644
$1,736
Jul 2024
$1,672
$1,756
Nov 2024
$1,636
$1,749
Mar 2025
$1,709
$1,755
Jul 2025
$1,733
$1,767
Nov 2025
$1,723
$1,753
Mar 2026
$1,765
$1,750

Perry Hall, Maryland Average Apartment Rent

Perry Hall, 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 47.2%, apartments priced $1,500 - $2,000 represent the bulk of Perry Hall, Maryland rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 1.62%.

Perry Hall, Maryland Housing tenure**

Renter occupied housing units 2,474
Owner occupied housing units 8,588

Renters take up 22% of Perry Hall, Maryland real estate, occupying a total of 2,474 units, while homeowners live in 8,588 properties.

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

4.7

Renter median household income**

$68,342

Average household size of renter-occupied housing units**

2.7

Rental vacancy rate**

6.9%

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

No bedrooms 100
1 bed 499
2 beds 1,224
3 beds 559
4 beds 28
5 or more beds 64

There are 1,224 rentals in Perry Hall, Maryland with 2 beds making up the highest share of the market, at 49%. Units with 4 beds, on the other hand, hold the lowest percentage (1%), amounting to 28 units. Overall, the median number of rooms in Perry Hall, Maryland homes for rent is 4.7.

Perry Hall, Maryland Renter-occupied units by age of householder**

15 - 24 years 130
25 - 34 years 635
35 - 44 years 516
45 - 54 years 380
55 - 59 years 216
60 - 64 years 292
65 - 74 years 161
75 - 84 years 102
85 years and over 42

Most condos for rent in Perry Hall, Maryland are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 35 - 44 years age group (21%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.

Perry Hall, Maryland Renter-occupied housing units by family type**

Family households 1,595
Non-Family Households 879

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

With related children of the householder under 18 929
No related children of the householder under 18 1,545

A total of 1,595 apartments for rent in Perry Hall, Maryland, or 64% of all rentals are family households. Additionally, 38% of rental homes include children under the age of 18 – that’s 929 units. All in all, the median size of a renter-occupied household in Perry Hall, Maryland is 2.7.

Perry Hall, Maryland Renter-occupied housing units by educational attainment**

Less than high school graduate 68
High school graduate (including equivalency) 584
Some college or associate's degree 863
Bachelor's degree or higher 959

In terms of education, renters holding bachelor degrees or higher make up 39% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Perry Hall, Maryland.

Perry Hall, Maryland Renter-occupied units by year structure built**

Built 2010 - 2019 27
Built 2000 - 2009 198
Built 1990 - 1999 509
Built 1980 - 1989 571
Built 1970 - 1979 517
Built 1960 - 1969 347
Built 1950 - 1959 261
Built 1940 - 1949 44

The highest share of Perry Hall, Maryland apartment rentals, namely 23% or 571 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (21%, 517 units), and the ones Built 1990 - 1999 (21%, 509 units).

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

Moved in 2021 or later 93
Moved in 2018 to 2020 893
Moved in 2010 to 2017 1,175
Moved in 2000 to 2009 153
Moved in 1990 to 1999 90
Moved in 1989 or earlier 70

Median year renter moved into unit 2016

Most Perry Hall, Maryland renters (47%) moved in 2010 to 2017, while only 3% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Perry Hall, Maryland condos for rent is 2016.

Perry Hall, Maryland Renter-occupied housing units by vehicles available**

No vehicle available 143
1 vehicle available 1,057
2 vehicles available 910
3 vehicles available 299
4 or more vehicles available 65

When it comes to transportation options, 43% of Perry Hall, Maryland renters have 1 vehicle available per household, 37% of them have 2 vehicles available, and 12% have 3 vehicles available.

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

Car, truck, or van - drove alone 2,692
Car, truck, or van - carpooled 481
Public transportation (excluding taxicab) 63
Walked 54
Taxicab, motorcycle, bicycle, or other means 62
Worked at home 284

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

Same house as 1 year ago 5,350
Moved within same county 832
Moved from different county within same state 400
Moved from different state 93

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 Perry Hall, 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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