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.
|Number Of Employees||18,249|
|Median Property Value||$180,900|
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.
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.