City Report · MD

College Park

Pop. 34,540·42nd most expensive in Maryland·Rental market data updated monthly for College Park, MD
Median rent (all units)
$2,125/mo
Year-over-Year
-4.4%
Month-over-Month
-4.5%
vs US Median
+$160
Falling (Monthly)
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Most AffordableMost Expensive
College Park · $2,125
More expensive than 65% of US cities · National median $1,965/mo
Rent Reality Score
71/100
Good value
OverheatedFairGreat value

Rents are 10% below what College Park's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,125/mo
Expected by trend
$2,368/mo
The Rent Reality Score compares today's median rent to where College Park's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,722
1 BR
$1,754
2 BR
$1,977
3 BR
$2,472
4 BR+
$2,918
Research median
$1,977/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$25,500/yr
At $2,125/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 4.4% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-4.4% YoY, -4.5% MoM), not inventory.
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Demographics

Who lives here

College Park, MD is majority renter-occupied, skews toward younger working-age adults, 52.7% of residents hold a bachelor's degree or higher.

Population
34,540
Median income
$69,721
Median age
21.5
Renters
66%
Age distribution
64.6%
13.4%
Under 1810.5%
18–3464.6%
35–5413.4%
55–645.3%
65+6.3%
Gender
50.9%
49.1%
Male50.9%
Female49.1%
Race & ethnicity
38%
23.7%
17.7%
15.8%
White38%
Black23.7%
Hispanic17.7%
Asian15.8%
Other4.7%
Education (25+)
13.2%
17.4%
16.7%
52.7%
No HS diploma13.2%
HS diploma17.4%
Some college16.7%
Bachelor's+52.7%
Housing tenure
34%
66%
Owner34%
Renter66%

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

2021 vs 2026

How College Park, MD has changed in 5 years

Rent
$1,948 → $2,125
up 9.1%
Income
$69,736 → $69,721
up 0.0%
Population
34,961 → 34,540
down 1.2%
Renter share
58.6% → 66%
+7.4 pts
Bachelor's+
48.8% → 52.7%
+3.9 pts

Five years ago, renters in College Park, MD paid around $1,948 a month. That figure now sits near $2,125, up 9.1% from the 2021 baseline. On the earnings side, the typical household in College Park, MD now reports about $69,721, up from $69,736 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show College Park, MD losing about 421 residents over the five-year window, down 1.2% on net. The renter share has risen from 58.6% to 66%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 48.8% to 52.7% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and College Park, MD reflects that arc in its own way.

Community

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View College Park rent history (2015–2026) →
Salary vs rent

Can you afford rent in College Park on your salary?

At $2,125/mo, how College Park rent compares to typical pay (30% rule).

By apartment size

College Park rent by bedroom count

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

Local insights

Tips for renters in College Park

About renting in College Park, MD

Last updated: July 20, 2026

The median rent in College Park is $2,125/mo as of July 2026. A studio apartment averages $1,722/mo while a 2-bedroom runs $1,977/mo. One-bedroom apartments average $1,754/mo and 3-bedroom units go for $2,472/mo.

At 37% of local median household income ($69,721/yr), College Park ranks as moderate compared to the national benchmark of 30%. Rents have decreased 4.4% over the past year.

FAQ

Frequently asked questions

Is College Park an affordable city for renters?

College Park is considered moderate for renters. At $2,125/mo, rent takes approximately 37% of the local median household income ($69,721/yr). The standard benchmark is 30%. College Park slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in College Park?

To keep rent at or below 30% of gross income, you would need to earn at least $85,000/year (~$41/hour full-time) to afford the median rent of $2,125/mo in College Park. The local median household income is $69,721/yr, meaning the typical College Park household falls short of that threshold.

Is rent going up or down in College Park?

Rent in College Park has decreased 4.4% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does College Park rent compare to other cities in Maryland?

College Park is middle-of-the-pack for Maryland for rent, ranking #42 out of 95 tracked cities at $2,125/mo.

Which nearby cities are cheaper to rent in than College Park?

Several nearby cities have lower median rents than College Park ($2,125/mo): Beltsville ($1,641/mo), East Riverdale ($1,690/mo), Hyattsville ($2,080/mo).

What percentage of College Park residents rent vs. own?

According to Census data, approximately 66% of College Park households are renters, while 34% are owner-occupied. With a majority renter population, College Park has a strong rental market.

How does College Park rent compare to the national average?

College Park's median rent of $2,125/mo is $160 (8%) above the US national median of $1,965/mo. Within Maryland, it ranks #42 out of 95 tracked cities.
Income Affordability
37%
MODERATE

At $2,125/mo, rent takes ~37% of College Park's median household income ($69,721/yr). The standard benchmark is 30%.

College Park 37%Benchmark 30%
State income tax2–5.75%
Run the College Park affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near College Park, MD

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