Towson, MD has a population of 58,766, while the median age is 34. The household income in Towson, MD is around $82,062. The homeownership rate among the residents is 59%. The median residential property value in Towson, MD that you should keep in mind is $345,500.
Population | 58,766 |
Median Age | 33.6 |
Poverty Rate | 12% |
Household Income | $82,062 |
Number Of Employees | 29,019 |
Median Property Value | $345,500 |
Rent Price |
May | vs Last Month |
---|---|---|
Studio apartments | $2,435 | -66% |
1-bed apartments | $1,539 | -2.8% |
2-bed apartments | $1,741 | -2.5% |
3-bed apartments | $2,430 | -1.2% |
4+ bed apartments | $3,163 | -56.5% |
Over the May 2023, the average rent for an apartment in/near Towson, MD decreased by 22.8% to $1,798.
Compared to the last month, the average price for a rental studio in Towson, MD has decreased by 66%. You can expect to rent the studio for $2,435 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 2.8% to $1,539. Pricing for 2-bed apartment also decreased by 2.5% and a place of this size will now cost you $1,741. 3-bed apartment rent pricing starts at $2,430, it decreased by 1.2% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 56.5% and made it down to $3,163.
Rent Type Price |
May | vs Last Month |
---|---|---|
Townhouses for rent | $1,100 | -69.4% |
Rooms for rent | $1,025 | +11.2% |
Houses for rent | $2,556 | -51.3% |
Condos for rent | $1,525 | -7.6% |
Apartments for rent | $1,771 | -4.4% |
The median rent for an apartment in Towson, MD decreased by 4.4% to $1,771. Statistics show that house rent price decreased by 51.3% this month making it up to $2,556. Condos faced an upward trend these days. The median rent for a condo decreased by 7.6%, it’s now available for $1,525. An average room will now go for $1,025, the median rent price for a room increased by 11.2%. The median rent for a townhouse decreased by 69.4%, you’ll have to spend around $1,100 to get one.