Rents are 4% below what Elkton's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,904 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 →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Elkton is 2.7% below its high of $1,957 in June 2026, at $1,904 as of September 2026.
Rent in Elkton changed -1.1% over the year to September 2026. Across the 81 Maryland cities Zillow tracks, the typical change was +2.4%.
Rent has fallen 3 months in a row, and rose in 6 of the last 12 months.
30% of the median household income ($58,640) is $1,466 a month. That covers HUD's Fair Market Rent for up to a studio ($1,390); a 1-bedroom is $1,540.
New Castle, DE, 14 miles away, rents for 12% less ($1,682/mo), about $2,700 a year in savings.
From Zillow's monthly rent index (ZORI) for Elkton. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Elkton, MD has changed in 5 years
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.
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At $1,904/mo, how Elkton rent compares to typical pay (30% rule).
Elkton rent by bedroom count
Median rent for each apartment size in Elkton. Click any size for full breakdown.
Tips for renters in Elkton
Last updated: October 17, 2026
The median rent in Elkton is $1,904/mo as of October 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 decreased 1.1% over the past year.
Frequently asked questions
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Is rent going up or down in Elkton?
How does Elkton rent compare to other cities in Maryland?
Which nearby cities are cheaper to rent in than Elkton?
At $1,904/mo, rent takes ~39% of Elkton's median household income ($58,640/yr). The standard benchmark is 30%.
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