Elkton, MD has a population of 15,651, while the median age is 35. The household income in Elkton, MD is around $55,609. The homeownership rate among the residents is 51%. The median residential property value in Elkton, MD that you should keep in mind is $203,700.
|Number Of Employees||6,575|
|Median Property Value||$203,700|
Over the Nov 2022, the average rent for an apartment in/near Elkton, MD decreased by 3.7% to $1,696.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $999 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $1,256. 3-bed apartment rent pricing starts at $1,402, it decreased by 9.5% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 24% and made it down to $2,242.
Looking at the median rent price for an apartment in Elkton, MD, you can note that it remains flat with a price tag of $999. Statistics show that house rent price decreased by 9.3% this month making it up to $2,041. The median rent for a loft did not face significant changes this time, it now still goes for $2,400. The median rent for a townhouse decreased by 13%, you’ll have to spend around $1,349 to get one.