Bowie, MD has a population of 58,290, while the median age is 41. The household income in Bowie, MD is around $108,637. The homeownership rate among the residents is 83%. The median residential property value in Bowie, MD that you should keep in mind is $315,900.
Population | 58,290 |
Median Age | 41.4 |
Poverty Rate | 4% |
Household Income | $108,637 |
Number Of Employees | 31,890 |
Median Property Value | $315,900 |
Rent Price |
May | vs Last Month |
---|---|---|
1-bed apartments | $2,197 | +31.5% |
2-bed apartments | $2,113 | -2.8% |
3-bed apartments | $2,697 | -8.6% |
4+ bed apartments | $3,867 | +23.2% |
Over the May 2023, the average rent for an apartment in/near Bowie, MD increased by 7.1% to $2,727.
The average price for a rental studio in Bowie, MD has remained the same as last month and equals $3,344. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 31.5% to $2,197. Pricing for 2-bed apartment also decreased by 2.8% and a place of this size will now cost you $2,113. 3-bed apartment rent pricing starts at $2,697, it decreased by 8.6% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 23.2% and made it up to $3,867.
Rent Type Price |
May | vs Last Month |
---|---|---|
Houses for rent | $3,175 | +17.8% |
Apartments for rent | $2,687 | +8.4% |
Rooms for rent | $1,016 | N/A |
The median rent for an apartment in Bowie, MD increased by 8.4% to $2,687. Statistics show that house rent price increased by 17.8% this month making it up to $3,175. Condo for rent is now available for the same pricing as previously — $1,600. If you’re looking for a room, the price tag still starts at $1,016. The median price did not change this time.