City Report · MD

Carney

Pop. 28,343·86th most expensive in Maryland·Rental market data updated monthly for Carney, MD
Median rent (all units)
$1,497/mo
Year-over-Year
+1.9%
Month-over-Month
+1.0%
vs US Median
-$435
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Carney · $1,497
More affordable than 76% of US cities · National median $1,932/mo
Rent Reality Score
44/100
Fairly priced
OverheatedFairGreat value

Rents are 3% above what Carney's 10-year trend predicts — running hotter than its own history.

Actual rent
$1,497/mo
Expected by trend
$1,453/mo
The Rent Reality Score compares today's median rent to where Carney's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,456
1 BR
$1,450
2 BR
$1,941
3 BR
$1,900
4 BR+
$1,907
Fair Market Rent (HUD)
$1,941/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,497 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Carney is 1.3% below its high of $1,517 in May 2026, at $1,497 as of September 2026.

Past year vs. the rest of Maryland

Rent in Carney changed +1.9% over the year to September 2026. Across the 81 Maryland cities Zillow tracks, the typical change was +2.4%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($83,620) is $2,091 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,907).

From Zillow's monthly rent index (ZORI) for Carney. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$17,964/yr
At $1,497/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.9% YoY, +1.0% MoM), not inventory.
Rent check

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Demographics

Who lives here

Carney, MD is majority owner-occupied, has a large retiree population, 40.3% of residents hold a bachelor's degree or higher.

Population
28,343
Median income
$83,620
Median age
39.8
Renters
40%
Age distribution
20.7%
21.5%
23.3%
23.9%
Under 1820.7%
18–3421.5%
35–5423.3%
55–6410.6%
65+23.9%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
63.3%
22.8%
White63.3%
Black22.8%
Hispanic4.3%
Asian7.2%
Other2.5%
Education (25+)
23.4%
26.8%
40.3%
No HS diploma9.5%
HS diploma23.4%
Some college26.8%
Bachelor's+40.3%
Housing tenure
60%
40%
Owner60%
Renter40%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How Carney, MD has changed in 5 years

Rent
$1,336 → $1,497
up 12.1%
Income
$70,403 → $83,620
up 18.8%
Population
29,873 → 28,343
down 5.1%
Renter share
40.9% → 40%
-0.9 pts
Bachelor's+
39.4% → 40.3%
+0.9 pts

The median rent in Carney, MD stood at $1,336 in 2023 and currently runs about $1,497, reflecting a 12.1% increase over the period. Household income in the area moved from $70,403 to $83,620 across the same window, up 18.8% versus 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has contracted by 5.1% since 2021, moving from about 29,873 residents to roughly 28,343. Reading these numbers side by side helps frame whether current listings in Carney, MD look reasonable against where the market sat half a decade ago.

Community

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View Carney rent history (2015–2026) →
Salary vs rent

Can you afford rent in Carney on your salary?

At $1,497/mo, how Carney rent compares to typical pay (30% rule).

By apartment size

Carney rent by bedroom count

Median rent for each apartment size in Carney. Click any size for full breakdown.

Local insights

Tips for renters in Carney

About renting in Carney, MD

Last updated: October 17, 2026

The median rent in Carney is $1,497/mo as of October 2026. A studio apartment averages $1,456/mo while a 2-bedroom runs $1,941/mo. One-bedroom apartments average $1,450/mo and 3-bedroom units go for $1,900/mo.

At 21% of local median household income ($83,620/yr), Carney ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Carney?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (about $29/hour full-time) to afford the median rent of $1,497/mo in Carney. The local median household income is $83,620/yr, so the typical household meets that bar.

Is rent going up or down in Carney?

Rent in Carney has risen 1.9% over the past year as of September 2026. It sits 1.3% below its high of $1,517 in May 2026.

How does Carney rent compare to other cities in Maryland?

Carney is one of the more affordable among Maryland cities for rent, ranking #86 of 93 tracked cities at $1,497/mo. Over the year to September 2026, rent in Carney changed +1.9%, against a typical +2.4% across the 81 Maryland cities Zillow tracks.
Income Affordability
21%
VERY AFFORDABLE

At $1,497/mo, rent takes ~21% of Carney's median household income ($83,620/yr). The standard benchmark is 30%.

Carney 21%Benchmark 30%
State income tax2–5.75%
Run the Carney affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Carney, MD

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