Rents are 2% below what Elkridge's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: July 20, 2026
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Elkridge, MD has changed in 5 years
Five years ago, renters in Elkridge, MD paid around $1,876 a month. That figure now sits near $2,432, up 29.6% 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.
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Can you afford rent in Elkridge on your salary?
At $2,432/mo, how Elkridge rent compares to typical pay (30% rule).
Elkridge rent by bedroom count
Median rent for each apartment size in Elkridge. Click any size for full breakdown.
Tips for renters in Elkridge
Last updated: July 20, 2026
The median rent in Elkridge is $2,432/mo as of July 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 10.6% over the past year.
Frequently asked questions
Is Elkridge an affordable city for renters?
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What percentage of Elkridge residents rent vs. own?
How does Elkridge rent compare to the national average?
At $2,432/mo, rent takes ~21% of Elkridge's median household income ($139,913/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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