Walker Mill, 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 Walker Mill, Maryland rental market.

Walker Mill, Maryland

Average Apartment Rent

$1,578

Y-o-Y Change in Average
Apartment Rent

-3.8%

As of March 2026

Compared to a year ago, Walker Mill, Maryland apartments have recorded a -3.8% rent decrease.

Walker Mill, 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
Walker Mill $1,648 $1,676 $1,772 $1,790 $1,722 $1,641 $1,744 $1,614 $1,578
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Walker Mill
National
Jul 2023
$1,648
$1,735
Nov 2023
$1,676
$1,724
Mar 2024
$1,772
$1,729
Jul 2024
$1,790
$1,750
Nov 2024
$1,722
$1,743
Mar 2025
$1,641
$1,749
Jul 2025
$1,744
$1,763
Nov 2025
$1,614
$1,749
Mar 2026
$1,578
$1,750

Walker Mill, Maryland Average Apartment Rent

Walker Mill, 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 50.11%, apartments priced $1,500 - $2,000 represent the bulk of Walker Mill, Maryland rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 49.89%.

Walker Mill, Maryland Housing tenure**

Renter occupied housing units 1,931
Owner occupied housing units 2,353

Renters take up 45% of Walker Mill, Maryland real estate, occupying a total of 1,931 units, while homeowners live in 2,353 properties.

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

4

Renter median household income**

$45,740

Average household size of renter-occupied housing units**

2.38

Rental vacancy rate**

3.4%

Walker Mill, Maryland Renter-occupied housing units by no. of bedrooms**

No bedrooms 66
1 bed 730
2 beds 461
3 beds 602
4 beds 42
5 or more beds 30

There are 730 rentals in Walker Mill, Maryland with 1 bed making up the highest share of the market, at 38%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 30 units. Overall, the median number of rooms in Walker Mill, Maryland homes for rent is 4.

Walker Mill, Maryland Renter-occupied units by age of householder**

15 - 24 years 367
25 - 34 years 412
35 - 44 years 124
45 - 54 years 305
55 - 59 years 89
60 - 64 years 135
65 - 74 years 240
75 - 84 years 111
85 years and over 148

Most condos for rent in Walker Mill, Maryland are occupied by residents in the 25 - 34 years age group (21%), followed by those in the 15 - 24 years age group (19%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 5%.

Walker Mill, Maryland Renter-occupied housing units by family type**

Family households 1,089
Non-Family Households 842

Walker Mill, Maryland Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 584
No related children of the householder under 18 1,347

A total of 1,089 apartments for rent in Walker Mill, Maryland, or 56% of all rentals are family households. Additionally, 30% of rental homes include children under the age of 18 – that’s 584 units. All in all, the median size of a renter-occupied household in Walker Mill, Maryland is 2.38.

Walker Mill, Maryland Renter-occupied housing units by educational attainment**

Less than high school graduate 200
High school graduate (including equivalency) 1,026
Some college or associate's degree 606
Bachelor's degree or higher 99

In terms of education, renters holding bachelor degrees or higher make up 5% of the rental market. In contrast, residents with less than a high school degree reside in 10% of the homes for rent in Walker Mill, Maryland.

Walker Mill, Maryland Renter-occupied units by year structure built**

Built 2000 - 2009 388
Built 1990 - 1999 229
Built 1980 - 1989 329
Built 1970 - 1979 256
Built 1960 - 1969 409
Built 1950 - 1959 80
Built 1940 - 1949 209
Built 1939 or earlier 31

The highest share of Walker Mill, Maryland apartment rentals, namely 21% or 409 units, were Built 1960 - 1969, followed by those Built 2000 - 2009 (20%, 388 units), and the ones Built 1980 - 1989 (17%, 329 units).

Walker Mill, Maryland Renter-occupied units by year householder moved in**

Moved in 2018 to 2020 602
Moved in 2010 to 2017 830
Moved in 2000 to 2009 312
Moved in 1990 to 1999 104
Moved in 1989 or earlier 74

Median year renter moved into unit 2015

Most Walker Mill, Maryland renters (43%) moved in 2010 to 2017, while only 4% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Walker Mill, Maryland condos for rent is 2015.

Walker Mill, Maryland Renter-occupied housing units by vehicles available**

No vehicle available 493
1 vehicle available 960
2 vehicles available 347
3 or more vehicles available 131

When it comes to transportation options, 50% of Walker Mill, Maryland renters have 1 vehicle available per household, 26% of them have No vehicle available, and 18% have 2 vehicles available.

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

Car, truck, or van - drove alone 1,112
Car, truck, or van - carpooled 221
Public transportation (excluding taxicab) 573
Walked 21
Taxicab, motorcycle, bicycle, or other means 93
Worked at home 28

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

Same house as 1 year ago 4,129
Moved within same county 269
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 Walker Mill, 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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