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City Report · MD

Jessup

Pop. 9,931·29th most expensive in Maryland·Jessup rents have dropped 10.4%, currently a renter's market
Median rent (all units)
$2,290/mo
Year-over-Year
-10.4%
Month-over-Month
Stable
vs US Median
+$328
Stable (Monthly)
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Most AffordableMost Expensive
Jessup · $2,290
More expensive than 72% of US cities · National median $1,962/mo
Affordability
21% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $2,290/mo, rent takes about 21% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$92,000/yr
Local median income
$128,851/yr
Based on the 30%-of-income rule using Jessup's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$2,110
1 BR
$2,410
2 BR
$2,950
3 BR
$3,800
4 BR+
$4,240
Fair Market Rent (HUD)
$2,950/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,290 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

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Last updated: August 17, 2026

Annual cost
$27,480/yr
At $2,290/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 10.4% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-10.4% YoY, +0.0% MoM), not inventory.
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Demographics

Who lives here

Jessup, MD is majority owner-occupied, skews toward younger working-age adults, has a median income above the national average, 20.7% of residents hold a bachelor's degree or higher.

Population
9,931
Median income
$128,851
Median age
35.5
Renters
43.8%
Age distribution
12.9%
36%
35.9%
Under 1812.9%
18–3436%
35–5435.9%
55–6410.8%
65+4.4%
Gender
69.1%
30.9%
Male69.1%
Female30.9%
Race & ethnicity
27.3%
56.7%
White27.3%
Black56.7%
Hispanic8.1%
Asian6.2%
Other1.7%
Education (25+)
17%
37.6%
24.7%
20.7%
No HS diploma17%
HS diploma37.6%
Some college24.7%
Bachelor's+20.7%
Housing tenure
56.2%
43.8%
Owner56.2%
Renter43.8%

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

2021 vs 2026

How Jessup, MD has changed in 5 years

Income
$125,848 → $128,851
up 2.4%
Population
10,516 → 9,931
down 5.6%
Renter share
44.3% → 43.8%
-0.5 pts
Bachelor's+
16.1% → 20.7%
+4.6 pts
Median age
36.8 → 35.5
-1.3 yrs

Local incomes tracked alongside that move, going from a median of $125,848 in 2021 to $128,851 more recently. The population has contracted by 5.6% since 2021, moving from about 10,516 residents to roughly 9,931. College-educated residents now make up 20.7% of adults here, versus 16.1% in 2021.

Community

Discussions about Jessup

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View Jessup rent history (2015–2026) →
Salary vs rent

Can you afford rent in Jessup on your salary?

At $2,290/mo, how Jessup rent compares to typical pay (30% rule).

By apartment size

Jessup rent by bedroom count

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

Local insights

Tips for renters in Jessup

About renting in Jessup, MD

Last updated: August 17, 2026

The median rent in Jessup is $2,290/mo as of August 2026. A studio apartment averages $2,110/mo while a 2-bedroom runs $2,950/mo. One-bedroom apartments average $2,410/mo and 3-bedroom units go for $3,800/mo.

At 21% of local median household income ($128,851/yr), Jessup ranks as affordable compared to the national benchmark of 30%. Rents have decreased 10.4% over the past year.

FAQ

Frequently asked questions

Is Jessup an affordable city for renters?

Jessup is considered very affordable for renters. At $2,290/mo, rent takes approximately 21% of the local median household income ($128,851/yr). The standard benchmark is 30%. Jessup falls comfortably within that range.

How much income do you need to rent in Jessup?

To keep rent at or below 30% of gross income, you would need to earn at least $92,000/year (~$44/hour full-time) to afford the median rent of $2,290/mo in Jessup. The local median household income is $128,851/yr, meaning the typical Jessup household meets that threshold.

Is rent going up or down in Jessup?

Rent in Jessup has decreased 10.4% over the past year as of August 2026, offering some relief compared to 12 months ago.

How does Jessup rent compare to other cities in Maryland?

Jessup is one of the pricier cities in Maryland for rent, ranking #29 out of 94 tracked cities at $2,290/mo.

Which nearby cities are cheaper to rent in than Jessup?

Several nearby cities have lower median rents than Jessup ($2,290/mo): Laurel ($1,906/mo), Columbia ($2,276/mo).

What percentage of Jessup residents rent vs. own?

According to Census data, approximately 43.8% of Jessup households are renters, while 56.2% are owner-occupied. Jessup leans toward homeownership, which can mean a smaller rental inventory.

How does Jessup rent compare to the national average?

Jessup's median rent of $2,290/mo is $328 (17%) above the US national median of $1,962/mo. Within Maryland, it ranks #29 out of 94 tracked cities.
Income Affordability
21%
VERY AFFORDABLE

At $2,290/mo, rent takes ~21% of Jessup's median household income ($128,851/yr). The standard benchmark is 30%.

Jessup 21%Benchmark 30%
State income tax2–5.75%
Run the Jessup affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Jessup, MD

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