University Park, 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 University Park, Maryland rental market.
University Park, Maryland
Average Apartment Rent
$1,893
Y-o-Y Change in Average
Apartment Rent
-0.5%
As of July 2026
Compared to a year ago, University Park, Maryland apartments have recorded a -0.5% rent decrease.
University Park, Maryland Average apartment rent trend
University Park, Maryland Average Apartment Rent
University Park, Maryland Apartment rent ranges
At 48.26%, apartments priced $1,500 - $2,000 represent the bulk of University Park, Maryland rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.04%.
University Park, Maryland Housing tenure**
Renters take up 3% of University Park, Maryland real estate, occupying a total of 25 units, while homeowners live in 972 properties.
Median number of rooms of renter-occupied housing units**
8.1
Renter median household income**
$168,438
Average household size of renter-occupied housing units**
3.32
University Park, Maryland Renter-occupied housing units by no. of bedrooms**
There are 14 rentals in University Park, Maryland with 3 beds making up the highest share of the market, at 56%. Units with 4 beds, on the other hand, hold the lowest percentage (16%), amounting to 4 units. Overall, the median number of rooms in University Park, Maryland homes for rent is 8.1.
University Park, Maryland Renter-occupied units by age of householder**
Most condos for rent in University Park, Maryland are occupied by residents in the 25 - 34 years age group (68%), followed by those in the 45 - 54 years age group (16%). At the same time, people in the 35 - 44 years age group make up the lowest share of the local rental market – 16%.
University Park, Maryland Renter-occupied housing units by family type**
University Park, Maryland Renter-occupied housing units by the presence of own children**
A total of 14 apartments for rent in University Park, Maryland, or 56% of all rentals are family households. Additionally, 40% of rental homes include children under the age of 18 – that’s 10 units. All in all, the median size of a renter-occupied household in University Park, Maryland is 3.32.
University Park, Maryland Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 72% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in University Park, Maryland.
University Park, Maryland Renter-occupied units by year structure built**
The highest share of University Park, Maryland apartment rentals, namely 72% or 18 units, were Built 1940 - 1949, followed by those Built 1950 - 1959 (28%, 7 units).
University Park, Maryland Renter-occupied units by year householder moved in**
Median year renter moved into unit 2020
Most University Park, Maryland renters (44%) moved in 2018 to 2020, while only 16% of them moved in 2010 to 2017. Overall, the median year renters have occupied their University Park, Maryland condos for rent is 2020.
University Park, Maryland Renter-occupied housing units by vehicles available**
When it comes to transportation options, 56% of University Park, Maryland renters have 2 vehicles available per household, 28% of them have 5 or more vehicles available, and 16% have 1 vehicle available.
University Park, Maryland Means of transportation to work of householders living in renter-occupied housing units**
University Park, 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 University Park, 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
