Average Rent in Charles, MD

Current Versus Historical Charles, MD Rents

Charles rentals average $1,300 for a studio rental to $2,563 for a 4-bedroom rental. The median price of all currently available listings is $2,460, or roughly $2 per square feet.

For the apartment units and housing in May 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $383 (-22.77%) year-over-year from $1,683 to $1,300. 1-bedroom rentals prices have decreased by $311 (-21.69%) year-over-year from $1,433 to $1,123. 2-bedroom rentals prices have increased by $67 (3.54%) year-over-year from $1,883 to $1,950. 3-bedroom rentals prices have increased by $250 (10.64%) year-over-year from $2,350 to $2,600. 4-bedroom rentals prices have decreased by $121 (-4.50%) year-over-year from $2,683 to $2,563. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 31.58% this month. 1-bedroom rents have gone down by 19.29% this month. 2-bedroom rents have gone down by 0.85% this month. 3-bedroom rents have gone up by 4.14% this month. 4-bedroom rents have gone down by 6.96% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.47	$1,300	$1,683 (-22.77%)	$1,819 (-28.52%)
1 BR	$1.98	$1,123	$1,433 (-21.69%)	$1,184 (-5.21%)
2 BR	$1.71	$1,950	$1,883 (3.54%)	$1,758 (10.90%)
3 BR	$1.56	$2,600	$2,350 (10.64%)	$1,983 (31.09%)
4+ BR	$1.28	$2,563	$2,683 (-4.50%)	$2,392 (7.14%)

Historical Rents in Charles, MD

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Charles

There are a total of 12 cities nearby Charles. The average rent in Charles is currently $2,534 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Silver Spring, MD, with an average rent of $2,193, is the most affordable city nearby. In contrast, the most expensive city near Charles, MD is McLean, VA. Monthly rents here are on average $5,500 per month.

Let's compare Charles, MD's rent against other top cities nearby by bedroom size. Typically, rent for studios in Charles, MD is 32.35% more expensive than other cities nearby. One bedrooms are about 44.77% more affordable. Two bedrooms in Charles, MD are about 18.48% more affordable. Finally, rent for three bedrooms are about 28.53% more affordable. Want more information? Check out the top 10 cities out of 12 total cities near Charles, MD in the following chart.

City	Studio	1 Bed	2 Bed	All
Silver Spring, MD	$1,759	$2,099	$2,740	$2,193
Lake Ridge, VA	N/A	$1,865	$2,241	$2,221
Alexandria, VA	$1,933	$1,900	$2,600	$2,254
Lincolnia, VA	N/A	$1,998	$2,554	$2,488
Fair Oaks, VA	N/A	$1,950	$2,650	$2,580
Arlington, VA	$2,076	$2,387	$3,389	$2,724
Washington, DC	$1,934	$2,496	$3,400	$2,950
Reston, VA	N/A	$2,200	$2,400	$3,000
Bethesda, MD	$2,293	$2,665	$3,810	$3,686
McLean, VA	N/A	$1,550	N/A	$5,500

Top Neighborhoods Near Charles

There are a total of 9 neighborhoods in or near Charles. Some of these neighborhoods include Dupont Circle, Trinidad - Langston, and Columbia Heights. We've included all of these top 9 neighborhoods in or near Charles, MD in the following chart.

The average rent for these 9 neighborhoods in or near Charles, MD is currently around $3,029 per month. A total of one neighborhood has a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $3,029. Interestingly, the neighborhoods' average rent is higher than Charles's average rent, which is only $2,460. Out of all the neighborhoods in or near Charles, Dupont Circle has the most affordable average rent at $2,371 per month. Whereas, at $5,625 average rent per month, Georgetown is the most expensive neighborhood in or near Charles. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Dupont Circle, Washington, DC	$2,146	$2,437	$4,231	$2,371
Trinidad - Langston, Washington, DC	$2,050	$2,075	$2,885	$2,795
Columbia Heights, Washington, DC	$2,000	$2,510	$3,400	$2,949
Logan Circle - Shaw, Washington, DC	$2,100	$2,803	$3,325	$2,979
Crystal City Shops, Arlington, VA	N/A	$2,301	$3,375	$3,029
Foggy Bottom - GWU - West End, Washington, DC	$2,200	$3,121	$5,247	$3,135
Capitol Hill, Washington, DC	N/A	$2,250	$3,188	$3,175
Cathedral - Wesley Heights - McLean Gardens, Washington, DC	N/A	$2,812	$4,630	$3,983
Georgetown, Washington, DC	N/A	$3,600	$4,500	$5,625

Top Counties Near Charles

There are a total of 9 counties located by Charles, MD. Some of these counties include Alexandria, VA, Spotsylvania, VA, and Prince William, VA. The average rent for rentals in these counties is $2,762. That's roughly around $2 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Alexandria, VA. It's average rent per month is $2,254. Vice versa, with an average rent of $3,250, Loudoun, VA is the most expensive county by Charles, MD.

Typically, rent for studios in Charles, MD is 21.92% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Charles, MD is 32.62% more affordable than other counties nearby. Finally, rent for two bedrooms in Charles, MD is 6.90% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Alexandria, VA	$1,933	$1,900	$2,600	$2,254
Spotsylvania, VA	N/A	$1,373	$1,925	$2,395
Prince William, VA	$1,720	$1,795	$2,200	$2,483
Prince George's, MD	$1,450	$1,906	$2,000	$2,500
Stafford, VA	N/A	$1,398	$1,799	$2,675
Arlington, VA	$2,076	$2,387	$3,389	$2,724
Anne Arundel, MD	N/A	$1,750	$2,200	$2,800
Fairfax, VA	$1,862	$1,988	$2,568	$2,900
Montgomery, MD	$1,909	$2,105	$2,687	$2,900
District of Columbia, DC	$1,934	$2,496	$3,400	$2,950

Top Zipcodes Near Charles

There are a total of 30 zipcodes in or near Charles, MD. The average rent for all of these zipcodes is $2,573. A total of 13 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 21201, Baltimore, MD at $1,682 per month. In comparison, the zipcode with the most expensive average rent of $5,500 per month is 20007, Washington, DC.

Studios in these zipcodes have an average rent of $1,738. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Charles, MD is $2,018 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,667 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in Charles, MD. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
20002, Washington, DC	$2,500	$2,395	$3,100	$2,999
20001, Washington, DC	$2,020	$2,584	$3,500	$3,000
22201, Arlington, VA	$2,021	$2,367	$3,515	$2,512
21224, Baltimore, MD	$1,525	$1,619	$1,875	$2,000
22191, Marumsco, VA	N/A	$1,788	$2,135	$2,050
22312, Lincolnia, VA	N/A	$1,996	$2,547	$2,483
20020, Washington, DC	$2,650	$1,500	$1,650	$2,102
20011, Washington, DC	$1,285	$1,950	$2,700	$3,599
20171, Franklin Farm, VA	$1,862	$2,041	$2,511	$2,319
22202, Arlington, VA	$2,183	$2,308	$3,334	$2,983

Frequently Asked Questions - Charles Average Rents

What is the average rent price in Charles, MD?

The average monthly rental price for Charles, MD apartments for rent is approximately $2,460. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Charles, MD rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Charles, MD.

How much is a studio apartment in Charles, MD?

The average monthly rental price for studio apartments is $1,300 and an average price per square feet of $2.47. There are a total of 2 studio apartment listings currently available for rent in Charles.

How much is a one bedroom apartment in Charles, MD?

The average monthly rental price for one bedroom apartments is $1,395 and an average price per square feet of $1.98. There are a total of 4 one bedroom apartment listings currently available for rent in Charles.

How much is a two bedroom apartment in Charles, MD?

The average monthly rental price for two bedroom apartments is $2,175 and an average price per square feet of $1.71. There are a total of 2 two bedroom apartment listings currently available for rent in Charles.

How have rent prices in Charles, MD changed this year?

Rent prices for rentals in Charles, MD can fluctuate yearly. Specifically, studio rental prices have changed by -0.23%, one bedroom rental prices have changed by -0.22%, two bedroom rental prices have changed by 0.04%, and three bedroom rental prices have changed by 0.11% year-over-year.

What is a reasonable rent price in Charles, MD?

A reasonable rent price in Charles, MD is around $1,968/month. You can search for these reasonably priced rental listings on RentHop.