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

As of July 2026, the median monthly rent in Elkton, MD is $1,903. This figure is based on aggregated data from public sources and community-submitted rents.

Is Elkton cheaper than other Maryland cities?

Elkton falls in the middle range for Maryland, ranking #54 out of 95 cities at $1,903/mo.

When was Elkton rent data last updated?

Elkton rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · MD

Elkton

Name: Average Rent Prices in Elkton, MD
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 15,910·54th most expensive in Maryland·Rental market data updated monthly for Elkton, MD

Median rent (all units)

$1,903/mo

Year-over-Year

+5.0%

Month-over-Month

-0.5%

vs US Median

-$62

Falling (Monthly)

Be the first to discuss Elkton rents ↓

Most AffordableMost Expensive

Elkton · $1,903

More expensive than 53% of US cities · National median $1,965/mo

Rent Reality Score

48/100

Fairly priced

OverheatedFairGreat value

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

Actual rent

$1,903/mo

Expected by trend

$1,885/mo

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

Medians by bedroom

Rent by unit size

Studio

$1,390

1 BR

$1,540

2 BR

$1,830

3 BR

$2,200

4 BR+

$2,510

Research median

$1,830/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

$22,836/yr

At $1,903/mo median

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (5.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+5.0% YoY, -0.5% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Elkton, MD is roughly split between renters and owners, has a median income below the national average, 21.6% of residents hold a bachelor's degree or higher.

Population

15,910

Median income

$58,640

Median age

37.4

Renters

49.4%

Age distribution

22.4%

24.1%

26.4%

13%

14.1%

Under 1822.4%

18–3424.1%

35–5426.4%

55–6413%

65+14.1%

Gender

48.3%

51.7%

Male48.3%

Female51.7%

Race & ethnicity

64.1%

16.8%

White64.1%

Black16.8%

Hispanic7.8%

Asian2.6%

Other8.7%

Education (25+)

39.7%

27.6%

21.6%

No HS diploma11.1%

HS diploma39.7%

Some college27.6%

Bachelor's+21.6%

Housing tenure

50.6%

49.4%

Owner50.6%

Renter49.4%

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

2021 vs 2026

How Elkton, MD has changed in 5 years

Income

$57,682 → $58,640

up 1.7%

Population

15,724 → 15,910

up 1.2%

Renter share

50.1% → 49.4%

-0.7 pts

Bachelor's+

19.6% → 21.6%

+2.0 pts

Median age

36 → 37.4

+1.4 yrs

Median household income rose from $57,682 to $58,640 between 2021 and 2024, a 1.7% shift. The population has grown by 1.2% since 2021, moving from about 15,724 residents to roughly 15,910. College-educated residents now make up 21.6% of adults here, versus 19.6% in 2021.

Community

Discussions about Elkton

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View Elkton rent history (2015–2026) →

Salary vs rent

Can you afford rent in Elkton on your salary?

At $1,903/mo, how Elkton rent compares to typical pay (30% rule).

Registered Nurse

Avg $102,038/yr · Rent = 22.4% income

affordable

Elementary School Teacher

Avg $72,446/yr · Rent = 31.5% income

stretched

Police Officer

Avg $83,452/yr · Rent = 27.4% income

affordable

Software Developer

Avg $149,159/yr · Rent = 15.3% income

very comfortable

Lawyer

Avg $190,588/yr · Rent = 12% income

very comfortable

Firefighter

Avg $67,835/yr · Rent = 33.7% income

stretched

Truck Driver

Avg $61,247/yr · Rent = 37.3% income

stretched

Electrician

Avg $75,492/yr · Rent = 30.2% income

stretched

By apartment size

Elkton rent by bedroom count

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

Local insights

Tips for renters in Elkton

About renting in Elkton, MD

Last updated: July 20, 2026

The median rent in Elkton is $1,903/mo as of July 2026. A studio apartment averages $1,390/mo while a 2-bedroom runs $1,830/mo. One-bedroom apartments average $1,540/mo and 3-bedroom units go for $2,200/mo.

At 39% of local median household income ($58,640/yr), Elkton ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.0% over the past year.

FAQ

Frequently asked questions

Is Elkton an affordable city for renters?

Elkton is considered moderate for renters. At $1,903/mo, rent takes approximately 39% of the local median household income ($58,640/yr). The standard benchmark is 30%. Elkton slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Elkton?

To keep rent at or below 30% of gross income, you would need to earn at least $76,000/year (~$37/hour full-time) to afford the median rent of $1,903/mo in Elkton. The local median household income is $58,640/yr, meaning the typical Elkton household falls short of that threshold.

Is rent going up or down in Elkton?

Rent in Elkton has increased 5.0% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Elkton rent compare to other cities in Maryland?

Elkton is middle-of-the-pack for Maryland for rent, ranking #54 out of 95 tracked cities at $1,903/mo.

Which nearby cities are cheaper to rent in than Elkton?

Several nearby cities have lower median rents than Elkton ($1,903/mo): New Castle ($1,747/mo), North East ($1,837/mo).

What percentage of Elkton residents rent vs. own?

According to Census data, approximately 49.4% of Elkton households are renters, while 50.6% are owner-occupied. Elkton leans toward homeownership, which can mean a smaller rental inventory.