Riverdale Park Town, 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 Riverdale Park Town, Maryland rental market.

Riverdale Park Town, Maryland

Average Apartment Rent

$1,844

Y-o-Y Change in Average
Apartment Rent

2.6%

As of May 2026

Compared to a year ago, Riverdale Park Town, Maryland apartments have recorded a 2.6% rent increase.

Riverdale Park Town, 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
Riverdale Park $1,729 $1,792 $1,836 $1,828 $1,857 $1,780 $1,811 $1,847 $1,845
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Riverdale Park
National
Jul 2023
$1,729
$1,741
Nov 2023
$1,792
$1,732
Mar 2024
$1,836
$1,736
Jul 2024
$1,828
$1,756
Nov 2024
$1,857
$1,749
Mar 2025
$1,780
$1,755
Jul 2025
$1,811
$1,767
Nov 2025
$1,847
$1,753
Mar 2026
$1,845
$1,750

Riverdale Park Town, Maryland Average Apartment Rent

Riverdale Park Town, 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 49.14%, apartments priced $1,000 - $1,500 represent the bulk of Riverdale Park Town, Maryland rentals, while condos priced Over $3,000 hold the lowest share of the market – 5.5%.

Riverdale Park Town, Maryland Housing tenure**

Renter occupied housing units 1,040
Owner occupied housing units 1,082

Renters take up 49% of Riverdale Park Town, Maryland real estate, occupying a total of 1,040 units, while homeowners live in 1,082 properties.

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

4.2

Renter median household income**

$59,286

Average household size of renter-occupied housing units**

3.27

Riverdale Park Town, Maryland Renter-occupied housing units by no. of bedrooms**

No bedrooms 107
1 bed 248
2 beds 407
3 beds 234
4 beds 32
5 or more beds 12

There are 407 rentals in Riverdale Park Town, Maryland with 2 beds making up the highest share of the market, at 39%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 12 units. Overall, the median number of rooms in Riverdale Park Town, Maryland homes for rent is 4.2.

Riverdale Park Town, Maryland Renter-occupied units by age of householder**

15 - 24 years 10
25 - 34 years 60
35 - 44 years 428
45 - 54 years 324
55 - 59 years 127
60 - 64 years 90

Most condos for rent in Riverdale Park Town, Maryland are occupied by residents in the 35 - 44 years age group (41%), followed by those in the 45 - 54 years age group (31%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 1%.

Riverdale Park Town, Maryland Renter-occupied housing units by family type**

Family households 681
Non-Family Households 359

Riverdale Park Town, Maryland Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 430
No related children of the householder under 18 610

A total of 681 apartments for rent in Riverdale Park Town, Maryland, or 65% of all rentals are family households. Additionally, 41% of rental homes include children under the age of 18 – that’s 430 units. All in all, the median size of a renter-occupied household in Riverdale Park Town, Maryland is 3.27.

Riverdale Park Town, Maryland Renter-occupied housing units by educational attainment**

Less than high school graduate 547
High school graduate (including equivalency) 251
Some college or associate's degree 98
Bachelor's degree or higher 144

In terms of education, renters holding bachelor degrees or higher make up 14% of the rental market. In contrast, residents with less than a high school degree reside in 53% of the homes for rent in Riverdale Park Town, Maryland.

Riverdale Park Town, Maryland Renter-occupied units by year structure built**

Built 2020 or later 13
Built 2010 - 2019 88
Built 1990 - 1999 6
Built 1980 - 1989 53
Built 1970 - 1979 72
Built 1960 - 1969 243
Built 1950 - 1959 331
Built 1940 - 1949 78
Built 1939 or earlier 156

The highest share of Riverdale Park Town, Maryland apartment rentals, namely 32% or 331 units, were Built 1950 - 1959, followed by those Built 1960 - 1969 (23%, 243 units), and the ones Built 1939 or earlier (15%, 156 units).

Riverdale Park Town, Maryland Renter-occupied units by year householder moved in**

Moved in 2021 or later 61
Moved in 2018 to 2020 151
Moved in 2010 to 2017 534
Moved in 2000 to 2009 262
Moved in 1990 to 1999 28

Median year renter moved into unit 2013

Most Riverdale Park Town, Maryland renters (51%) moved in 2010 to 2017, while only 3% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Riverdale Park Town, Maryland condos for rent is 2013.

Riverdale Park Town, Maryland Renter-occupied housing units by vehicles available**

No vehicle available 136
1 vehicle available 519
2 vehicles available 288
3 vehicles available 86
5 or more vehicles available 6

When it comes to transportation options, 50% of Riverdale Park Town, Maryland renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 13% have No vehicle available.

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

Car, truck, or van - drove alone 827
Car, truck, or van - carpooled 186
Public transportation (excluding taxicab) 156
Walked 123
Taxicab, motorcycle, bicycle, or other means 381
Worked at home 140

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

Same house as 1 year ago 3,090
Moved within same county 182
Moved from different county within same state 36
Moved from different state 66

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 Riverdale Park Town, 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

Check out rentals available in Riverdale Park Town, Maryland