Average Rent in Howard, MD

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Current Versus Historical Howard, MD Rents

Howard rentals average $1,100 for a 1-bedroom rental to $3,895 for a 4-bedroom rental. The median price of all currently available listings is $3,000, or roughly $2 per square feet.

For the apartment units and housing in May 2024, median rents have fallenover the last year. Studio rentals prices have decreased by $102 (-4.13%) year-over-year from $2,467 to $2,365. 1-bedroom rentals prices have decreased by $177 (-5.83%) year-over-year from $3,044 to $2,867. 2-bedroom rentals prices have increased by $59 (2.63%) year-over-year from $2,241 to $2,300. 3-bedroom rentals prices have increased by $233 (8.43%) year-over-year from $2,767 to $3,000. 4-bedroom rentals prices have increased by $278 (7.70%) year-over-year from $3,617 to $3,895. 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 up by 27.49% this month. 1-bedroom rents have gone down by 1.05% this month. 2-bedroom rents have gone down by 4.07% this month. 3-bedroom rents have gone up by 3.45% this month. 4-bedroom rents have gone up by 7.01% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$1.38	$2,867	$3,044 (-5.83%)	$2,595 (10.47%)
2 BR	$1.90	$2,300	$2,241 (2.63%)	$2,159 (6.54%)
3 BR	$1.63	$3,000	$2,767 (8.43%)	$2,300 (30.43%)
4+ BR	$1.57	$3,895	$3,617 (7.70%)	$2,998 (29.91%)

Historical Rents in Howard, MD

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Howard

There are a total of 12 cities nearby Howard. The average rent in Howard is currently $2,700 per month. A total of 8 cities nearby have an average rent lower than that. Our records show that Baltimore, MD, with an average rent of $1,800, is the most affordable city nearby. In contrast, the most expensive city near Howard, MD is McLean, VA. Monthly rents here are on average $5,500 per month.

Let's compare Howard, MD's rent against other top cities nearby by bedroom size. Typically, rent for studios in Howard, MD is inf% more affordable than other cities nearby. One bedrooms are about 78.98% more affordable. Two bedrooms in Howard, MD are about 6.30% more affordable. Finally, rent for three bedrooms are about 4.91% more affordable. Want more information? Check out the top 10 cities out of 12 total cities near Howard, MD in the following chart.

City	Studio	1 Bed	2 Bed	All
Baltimore, MD	$1,215	$1,425	$1,693	$1,800
Towson, MD	N/A	$1,797	$2,363	$2,090
Silver Spring, MD	$1,759	$2,096	$2,745	$2,165
Germantown, MD	N/A	$1,700	$2,000	$2,258
Frederick, MD	$14	$1,938	$1,875	$2,695
Arlington, VA	$2,054	$2,402	$3,345	$2,705
Washington, DC	$1,941	$2,500	$3,400	$2,950
Reston, VA	N/A	$2,000	$2,425	$3,060
Bethesda, MD	$2,293	$2,702	$3,850	$3,855
McLean, VA	N/A	$1,600	N/A	$5,500

Top Neighborhoods Near Howard

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

The average rent for these 9 neighborhoods in or near Howard, MD is currently around $3,024 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only five neighborhoods have a higher average rent than $3,024. Interestingly, the neighborhoods' average rent is higher than Howard's average rent, which is only $3,000. Out of all the neighborhoods in or near Howard, Dupont Circle has the most affordable average rent at $2,410 per month. Whereas, at $5,400 average rent per month, Georgetown is the most expensive neighborhood in or near Howard. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Dupont Circle, Washington, DC	$2,190	$2,550	$3,900	$2,410
Trinidad - Langston, Washington, DC	$2,050	$2,150	$2,988	$2,832
Columbia Heights, Washington, DC	$2,000	$2,541	$3,323	$2,897
Logan Circle - Shaw, Washington, DC	$2,188	$2,800	$3,375	$2,950
Crystal City Shops, Arlington, VA	N/A	$2,300	$3,337	$3,024
Capitol Hill, Washington, DC	N/A	$2,200	$3,200	$3,175
Foggy Bottom - GWU - West End, Washington, DC	$2,359	$3,176	$5,562	$3,176
Cathedral - Wesley Heights - McLean Gardens, Washington, DC	N/A	$2,812	$4,684	$3,962
Georgetown, Washington, DC	N/A	$3,450	$4,500	$5,400

Top Counties Near Howard

There are a total of 9 counties located by Howard, MD. Some of these counties include Baltimore, MD, Harford, MD, and Baltimore, MD. The average rent for rentals in these counties is $2,705. That's roughly around $2 per sqft. A total of 8 counties have a lower average rent. The county that is the most affordable is Baltimore, MD. It's average rent per month is $1,800. Vice versa, with an average rent of $3,250, Loudoun, VA is the most expensive county by Howard, MD.

Typically, rent for studios in Howard, MD is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Howard, MD is 61.00% more affordable than other counties nearby. Finally, rent for two bedrooms in Howard, MD is 4.35% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Baltimore, MD	$1,215	$1,400	$1,690	$1,800
Harford, MD	$750	$1,507	$1,707	$1,850
Baltimore, MD	$1,697	$1,771	$2,148	$2,148
Frederick, MD	$14	$1,750	$1,863	$2,695
Arlington, VA	$2,054	$2,402	$3,345	$2,705
Anne Arundel, MD	N/A	$1,725	$2,200	$2,860
Montgomery, MD	$1,904	$2,107	$2,700	$2,950
District of Columbia, DC	$1,941	$2,500	$3,400	$2,950
Loudoun, VA	N/A	$1,800	$2,500	$3,250

Top Zipcodes Near Howard

There are a total of 28 zipcodes in or near Howard, MD. The average rent for all of these zipcodes is $2,603. A total of 18 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 21217, Baltimore, MD at $1,600 per month. In comparison, the zipcode with the most expensive average rent of $5,200 per month is 20007, Washington, DC.

Studios in these zipcodes have an average rent of $1,834. 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 Howard, MD is $2,196 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,962 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in Howard, MD. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
20002, Washington, DC	$2,550	$2,343	$3,175	$2,999
20001, Washington, DC	$2,000	$2,625	$3,450	$3,000
22201, Arlington, VA	$1,915	$2,356	$3,500	$2,559
21224, Baltimore, MD	$1,525	$1,400	$1,875	$2,003
20020, Washington, DC	$2,650	$1,500	$1,650	$2,150
20171, Franklin Farm, VA	$1,886	$2,051	$2,465	$2,316
20011, Washington, DC	$1,285	$1,938	$2,700	$3,500
21204, Towson, MD	N/A	$1,760	$2,440	$2,132
22202, Arlington, VA	$2,232	$2,292	$3,329	$2,987
20148, Brambleton, VA	N/A	$1,850	$2,600	$3,400

Frequently Asked Questions - Howard Average Rents

What is the average rent price in Howard, MD?

The average monthly rental price for Howard, MD apartments for rent is approximately $3,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Howard, 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 Howard, MD.

How much is a studio apartment in Howard, MD?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Howard.

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

The average monthly rental price for one bedroom apartments is $1,100 and an average price per square feet of $1.38. There are a total of 3 one bedroom apartment listings currently available for rent in Howard.

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

The average monthly rental price for two bedroom apartments is $2,300 and an average price per square feet of $1.90. There are a total of 17 two bedroom apartment listings currently available for rent in Howard.

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

Rent prices for rentals in Howard, MD can fluctuate yearly. Specifically, studio rental prices have changed by -0.04%, one bedroom rental prices have changed by -0.06%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by 0.08% year-over-year.

What is a reasonable rent price in Howard, MD?

A reasonable rent price in Howard, MD is around $2,400/month. You can search for these reasonably priced rental listings on RentHop.