How much does it cost to rent in Elkridge, MD?

As of August 2026, the median monthly rent in Elkridge, MD is $2,448. This figure is based on aggregated data from public sources and community-submitted rents.

Is Elkridge cheaper than other Maryland cities?

Elkridge is one of the pricier cities in Maryland, ranking #19 out of 94 cities tracked at $2,448/mo.

When was Elkridge rent data last updated?

Elkridge rent data reflects August 2026 and was last refreshed on August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.

What is the Fair Market Rent in Elkridge, MD?

HUD sets the Fair Market Rent for a two-bedroom home in Elkridge, MD at $2,530 per month, which is 3% above the $2,448 market median. Fair Market Rent is the Housing Choice Voucher (Section 8) payment standard. It is a 40th-percentile gross rent that includes essential utilities such as electricity, water, gas, sewer, and trash, and HUD updates it once a year, so it measures something different from current market asking rent.

City Report · MD

Elkridge

Name: Average Rent Prices in Elkridge, MD
Creator: RentDataNow
License: https://creativecommons.org/licenses/by/4.0/

Pop. 26,283·19th most expensive in Maryland·Elkridge rents are up 11.4% over the past year

Median rent (all units)

$2,448/mo

Year-over-Year

+11.4%

Month-over-Month

+0.7%

vs US Median

+$486

Rising (Monthly)

Be the first to discuss Elkridge rents ↓

Most AffordableMost Expensive

Elkridge · $2,448

More expensive than 78% of US cities · National median $1,962/mo

Rent Reality Score

53/100

Fairly priced

OverheatedFairGreat value

Rents are right about where Elkridge's 10-year trend predicts.

Actual rent

$2,448/mo

Expected by trend

$2,483/mo

The Rent Reality Score compares today's median rent to where Elkridge's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,810

1 BR

$2,070

2 BR

$2,530

3 BR

$3,260

4 BR+

$3,640

Fair Market Rent (HUD)

$2,530/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,448 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

Loading…

Last updated: August 17, 2026

Annual cost

$29,376/yr

At $2,448/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 11.4% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+11.4% YoY, +0.7% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Elkridge, MD is majority owner-occupied, has a large share of families with children, has a median income above the national average, 58.9% of residents hold a bachelor's degree or higher.

Population

26,283

Median income

$139,913

Median age

34.4

Renters

37.7%

Age distribution

26.8%

24.6%

30.8%

Under 1826.8%

18–3424.6%

35–5430.8%

55–649.9%

65+7.9%

Gender

47.3%

52.7%

Male47.3%

Female52.7%

Race & ethnicity

35.9%

31%

22.4%

White35.9%

Black31%

Hispanic6.2%

Asian22.4%

Other4.5%

Education (25+)

14.1%

21.6%

58.9%

No HS diploma5.4%

HS diploma14.1%

Some college21.6%

Bachelor's+58.9%

Housing tenure

62.3%

37.7%

Owner62.3%

Renter37.7%

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

2021 vs 2026

How Elkridge, MD has changed in 5 years

Rent

$1,876 → $2,448

up 30.5%

Income

$119,856 → $139,913

up 16.7%

Population

24,115 → 26,283

up 9.0%

Renter share

36.4% → 37.7%

+1.3 pts

Bachelor's+

54% → 58.9%

+4.9 pts

Five years ago, renters in Elkridge, MD paid around $1,876 a month. That figure now sits near $2,448, up 30.5% from the 2021 baseline. Median household income climbed from $119,856 to $139,913 between 2021 and 2024, a 16.7% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Elkridge, MD adding about 2,168 residents over the five-year window, up 9.0% on net. Bachelor's-degree-or-higher attainment moved from 54% to 58.9% across the same window. Taken together, the five-year picture in Elkridge, MD reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

Discussions about Elkridge

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View Elkridge rent history (2015–2026) →

Salary vs rent

Can you afford rent in Elkridge on your salary?

At $2,448/mo, how Elkridge rent compares to typical pay (30% rule).

Registered Nurse

Avg $102,038/yr · Rent = 28.8% income

affordable

Elementary School Teacher

Avg $72,446/yr · Rent = 40.5% income

rent-burdened

Police Officer

Avg $83,452/yr · Rent = 35.2% income

stretched

Software Developer

Avg $149,159/yr · Rent = 19.7% income

very comfortable

Lawyer

Avg $190,588/yr · Rent = 15.4% income

very comfortable

Firefighter

Avg $67,835/yr · Rent = 43.3% income

rent-burdened

Truck Driver

Avg $61,247/yr · Rent = 48% income

rent-burdened

Electrician

Avg $75,492/yr · Rent = 38.9% income

stretched

By apartment size

Elkridge rent by bedroom count

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

Local insights

Tips for renters in Elkridge

About renting in Elkridge, MD

Last updated: August 17, 2026

The median rent in Elkridge is $2,448/mo as of August 2026. A studio apartment averages $1,810/mo while a 2-bedroom runs $2,530/mo. One-bedroom apartments average $2,070/mo and 3-bedroom units go for $3,260/mo.

At 21% of local median household income ($139,913/yr), Elkridge ranks as affordable compared to the national benchmark of 30%. Rents have increased 11.4% over the past year.

FAQ

Frequently asked questions

Is Elkridge an affordable city for renters?

Elkridge is considered very affordable for renters. At $2,448/mo, rent takes approximately 21% of the local median household income ($139,913/yr). The standard benchmark is 30%. Elkridge falls comfortably within that range.

How much income do you need to rent in Elkridge?

To keep rent at or below 30% of gross income, you would need to earn at least $98,000/year (~$47/hour full-time) to afford the median rent of $2,448/mo in Elkridge. The local median household income is $139,913/yr, meaning the typical Elkridge household meets that threshold.

Is rent going up or down in Elkridge?

Rent in Elkridge has increased 11.4% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Elkridge rent compare to other cities in Maryland?

Elkridge is one of the pricier cities in Maryland for rent, ranking #19 out of 94 tracked cities at $2,448/mo.

Which nearby cities are cheaper to rent in than Elkridge?

Several nearby cities have lower median rents than Elkridge ($2,448/mo): Halethorpe ($1,702/mo), Catonsville ($1,705/mo), Jessup ($2,290/mo).

What percentage of Elkridge residents rent vs. own?

According to Census data, approximately 37.7% of Elkridge households are renters, while 62.3% are owner-occupied. Elkridge leans toward homeownership, which can mean a smaller rental inventory.

How does Elkridge rent compare to the national average?

Elkridge's median rent of $2,448/mo is $486 (25%) above the US national median of $1,962/mo. Within Maryland, it ranks #19 out of 94 tracked cities.

Income Affordability

21%

VERY AFFORDABLE

At $2,448/mo, rent takes ~21% of Elkridge's median household income ($139,913/yr). The standard benchmark is 30%.

Elkridge 21%Benchmark 30%

State income tax2–5.75%

Run the Elkridge affordability calculator →

Nearby cities