Median rent for residential apartments in Chester, MD as of Jan, 2023.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
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23 Chester, MD, USA apartments for rent
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Chester
Chester, MD has a population of 4,904, while the median age is 47. The household income in Chester, MD is around $83,013. The homeownership rate among the residents is 71%. The median residential property value in Chester, MD that you should keep in mind is $302,700.
| Population | 4,904 |
| Median Age | 46.9 |
| Poverty Rate | 8% |
| Household Income | $83,013 |
| Number Of Employees | 2,603 |
| Median Property Value | $302,700 |
Housing Trends
How much is an apartment in Chester, MD, USA
Average apartment rent in Chester: $2,325 (-0.4%)
| Rent Price | Jan | vs Last Month |
|---|---|---|
| 1-bed apartments | $1,550 | -6.9% |
| 2-bed apartments | $1,881 | +2.2% |
| 3-bed apartments | $3,129 | -1.5% |
Over the Jan 2023, the average rent for an apartment in/near Chester, MD decreased by 0.4% to $2,325.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 6.9% to $1,550. Pricing for 2-bed apartment also increased by 2.2% and a place of this size will now cost you $1,881. 3-bed apartment rent pricing starts at $3,129, it decreased by 1.5% lately.
| Rent Type Price | Jan | vs Last Month |
|---|---|---|
| Condos for rent | $1,550 | -9.1% |
| Lofts for rent | $2,000 | +0% |
| Houses for rent | $3,129 | -2.9% |
| Apartments for rent | $1,806 | -0.8% |
The median rent for an apartment in Chester, MD decreased by 0.8% to $1,806. Statistics show that house rent price decreased by 2.9% this month making it up to $3,129. Condos faced an upward trend these days. The median rent for a condo decreased by 9.1%, it’s now available for $1,550. The median rent for a loft did not face significant changes this time, it now still goes for $2,000.
Rent vs Own
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