Median rent for residential in as of May, 2022.
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.
3 Edgewater, MD, USA apartments for rent
Edgewater
Edgewater, MD has a population of 9,912, while the median age is 40. The household income in Edgewater, MD is around $89,159. The homeownership rate among the residents is 80%. The median residential property value in Edgewater, MD that you should keep in mind is $348,100.
| Population | 9,912 |
| Median Age | 40 |
| Poverty Rate | 6% |
| Household Income | $89,159 |
| Number Of Employees | 5,321 |
| Median Property Value | $348,100 |
Business & Economy
Wage by Common Jobs
Average salary in Edgewater, MD: $57,298
- 1. Miscellaneous managers$109,080
- 2. Accountants & auditors$87,060
- 3. Registered nurses$73,429
- 4. Elementary & middle school teachers$60,163
- 5. Firstline supervisors of retail sales workers$53,231
Highest Paid Occupations
Numbers claim that the highest paid jobs in Edgewater, MD are Computer & Mathematical Occupations, Computer, Engineering, Science Occupations, Business & Financial Operations Occupations, Life, Physical, Social Science Occupations and Management, Business, Financial Occupations.
Highest Paid Industries
Keeping in mind that the employment rate changed by 5% recently, there must be a strong understanding of industries people of Edgewater, MD work in. The highest paid industries are Professional, Scientific, Technical Services, Information, Real Estate & Rental & Leasing, Finance & Insurance, Real Estate & Rental & Leasing and Construction.
Demographics
Race & Ethnicity
According to latest census, Edgewater, MD is a home for 89% white residents. The second common group is black with 5% residents. The list of the most common racial or ethnic groups is closed by other with 3% residents.
Non-English Speakers
Education
Past year Edgewater, MD universities awarded around 696,200 degrees. Statistics show that the population of students in Edgewater, MD includes 348,100 female students and 348,100 male students. Edgewater, MD offers private and public tuition with a median cost of $n/a for private four-year colleges and $n/a for in-state public four-year colleges. The share of the public colleges in Edgewater, MD is n/a and n/a go to the private colleges.
Health and Safety
Primary care physicians in Edgewater, MD see an average of 1,447 patients, dentists 1,484 patients, metal health providers 650 patients, and other healthcare providers 1,146 patients per year.
Transportation
Commute Time
Average travel time: 28.2 minutes
Commuter Transportation
Citizens of Edgewater, MD travel to their offices around 28 minutes lately and drove alone to get there. The rest of the residents worked at home and carpooled.
Housing Trends
How much is an apartment in Edgewater, MD, USA
Average rent in Edgewater: $2,500 (+0.7%)
| Rent Price | May | vs Last Month |
|---|---|---|
| 3 bed rentals | $2,450 | +18.1% |
| 4+ bed rentals | $2,800 | -15.2% |
Over the May 2022, the average rent for an apartment in/near Edgewater, MD increased by 0.7% to $2,500.
Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $2,450. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $2,800 for a big-family home.
| Rent Type Price | May | vs Last Month |
|---|---|---|
| Townhouse rentals | $2,816 | +11.5% |
| House rentals | $2,300 | -4.2% |
| Loft rentals | $2,150 | N/A |
The median rent for a house is still $2,300 with no significant changes this month. The median rent for a loft did not face significant changes this time, it now still goes for $2,150. Townhouse rent pricing didn’t change, the price still starts at $2,816.
Rent vs Own
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