Ellicott City, MD has a population of 71,737, while the median age is 42. The household income in Ellicott City, MD is around $124,059. The homeownership rate among the residents is 75%. The median residential property value in Ellicott City, MD that you should keep in mind is $522,700.
Population | 71,737 |
Median Age | 41.5 |
Poverty Rate | 4% |
Household Income | $124,059 |
Number Of Employees | 36,787 |
Median Property Value | $522,700 |
Rent Price |
May | vs Last Month |
---|---|---|
Studio apartments | $2,064 | +9.7% |
1-bed apartments | $2,600 | +47% |
2-bed apartments | $2,337 | -26.9% |
3-bed apartments | $2,759 | -23.3% |
4+ bed apartments | $6,494 | -68% |
Over the May 2023, the average rent for an apartment in/near Ellicott City, MD decreased by 38.2% to $3,199.
Compared to the last month, the average price for a rental studio in Ellicott City, MD has increased by 9.7%. You can expect to rent the studio for $2,064 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 47% to $2,600. Pricing for 2-bed apartment also decreased by 26.9% and a place of this size will now cost you $2,337. 3-bed apartment rent pricing starts at $2,759, it decreased by 23.3% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 68% and made it down to $6,494.
Rent Type Price |
May | vs Last Month |
---|---|---|
Houses for rent | $6,017 | -35.5% |
Condos for rent | $2,350 | +16.6% |
Apartments for rent | $2,650 | -2.2% |
The median rent for an apartment in Ellicott City, MD decreased by 2.2% to $2,650. Statistics show that house rent price decreased by 35.5% this month making it up to $6,017. Condos faced an upward trend these days. The median rent for a condo increased by 16.6%, it’s now available for $2,350. If you’re looking for a room, the price tag still starts at $922. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at $2,850.