College Park, MD has a population of 32,186, while the median age is 22. The household income in College Park, MD is around $64,107. The homeownership rate among the residents is 46%. The median residential property value in College Park, MD that you should keep in mind is $287,300.
Population | 32,186 |
Median Age | 21.8 |
Poverty Rate | 27% |
Household Income | $64,107 |
Number Of Employees | 14,592 |
Median Property Value | $287,300 |
Rent Price |
May | vs Last Month |
---|---|---|
Studio apartments | $1,865 | +1.6% |
1-bed apartments | $2,187 | +72% |
2-bed apartments | $2,392 | +9.5% |
3-bed apartments | $2,593 | -5.8% |
4+ bed apartments | $4,655 | +15.4% |
Over the May 2023, the average rent for an apartment in/near College Park, MD increased by 18% to $3,008.
Compared to the last month, the average price for a rental studio in College Park, MD has increased by 1.6%. You can expect to rent the studio for $1,865 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 72% to $2,187. Pricing for 2-bed apartment also increased by 9.5% and a place of this size will now cost you $2,392. 3-bed apartment rent pricing starts at $2,593, it decreased by 5.8% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 15.4% and made it up to $4,655.
Rent Type Price |
May | vs Last Month |
---|---|---|
Houses for rent | $2,950 | +3.9% |
Apartments for rent | $3,023 | +17.1% |
Rooms for rent | $1,185 | -13.8% |
Townhouses for rent | $4,999 | N/A |
The median rent for an apartment in College Park, MD increased by 17.1% to $3,023. Statistics show that house rent price increased by 3.9% this month making it up to $2,950. Condo for rent is now available for the same pricing as previously — $1,400. An average room will now go for $1,185, the median rent price for a room decreased by 13.8%. Townhouse rent pricing didn’t change, the price still starts at $4,999.