Median rent for residential apartments in Essex, MD as of Nov, 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.
23 Essex, MD 21221, USA apartments for rent
Essex
Essex, MD has a population of 39,494, while the median age is 37. The household income in Essex, MD is around $52,141. The homeownership rate among the residents is 56%. The median residential property value in Essex, MD that you should keep in mind is $180,900.
| Population | 39,494 |
| Median Age | 37.3 |
| Poverty Rate | 13% |
| Household Income | $52,141 |
| Number Of Employees | 18,249 |
| Median Property Value | $180,900 |
Housing Trends
How much is an apartment in Essex, MD 21221, USA
Average apartment rent in Essex: $1,509 (+31.2%)
| Rent Price | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $2,927 | +186.7% |
| 1-bed apartments | $1,099 | +0.8% |
| 2-bed apartments | $1,281 | +9.6% |
| 3-bed apartments | $1,613 | -12.8% |
| 4+ bed apartments | $1,608 | N/A |
Over the Nov 2022, the average rent for an apartment in/near Essex, MD increased by 31.2% to $1,509.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 0.8% to $1,099. Pricing for 2-bed apartment also increased by 9.6% and a place of this size will now cost you $1,281. 3-bed apartment rent pricing starts at $1,613, it decreased by 12.8% lately. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $1,608 for a big-family home.
| Rent Type Price | Nov | vs Last Month |
|---|---|---|
| Apartments for rent | $1,394 | +23.8% |
| Houses for rent | $1,671 | -11.3% |
| Townhouses for rent | $1,528 | N/A |
The median rent for an apartment in Essex, MD increased by 23.8% to $1,394. Statistics show that house rent price decreased by 11.3% this month making it up to $1,671. Townhouse rent pricing didn’t change, the price still starts at $1,528.