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City Report · MD

Lake Arbor

Pop. 14,335·43rd most expensive in Maryland·Rental market data updated monthly for Lake Arbor, MD
Median rent (all units)
$2,111/mo
Year-over-Year
-2.0%
Month-over-Month
-2.2%
vs US Median
+$146
Falling (Monthly)
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Most AffordableMost Expensive
Lake Arbor · $2,111
More expensive than 65% of US cities · National median $1,965/mo
Rent Reality Score
68/100
Good value
OverheatedFairGreat value

Rents are 9% below what Lake Arbor's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,111/mo
Expected by trend
$2,314/mo
The Rent Reality Score compares today's median rent to where Lake Arbor's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,097
1 BR
$1,861
2 BR
$2,054
3 BR
$2,396
Research median
$2,054/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
$25,332/yr
At $2,111/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 2.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-2.0% YoY, -2.2% MoM), not inventory.
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Demographics

Who lives here

Lake Arbor, MD is majority owner-occupied, has a large retiree population, has a median income above the national average, 55.9% of residents hold a bachelor's degree or higher.

Population
14,335
Median income
$121,211
Median age
44.6
Renters
37.1%
Age distribution
17.6%
16.5%
33.1%
21.8%
Under 1817.6%
18–3416.5%
35–5433.1%
55–6411%
65+21.8%
Gender
42.2%
57.8%
Male42.2%
Female57.8%
Race & ethnicity
88.3%
White5.8%
Black88.3%
Hispanic4.7%
Asian0.9%
Education (25+)
15.3%
24.5%
55.9%
No HS diploma4.3%
HS diploma15.3%
Some college24.5%
Bachelor's+55.9%
Housing tenure
62.9%
37.1%
Owner62.9%
Renter37.1%

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

2021 vs 2026

How Lake Arbor, MD has changed in 5 years

Rent
$1,655 → $2,111
up 27.6%
Income
$110,394 → $121,211
up 9.8%
Population
14,376 → 14,335
down 0.3%
Renter share
39.1% → 37.1%
-2.0 pts
Bachelor's+
57% → 55.9%
-1.1 pts
Median age
43.5 → 44.6
+1.1 yrs

Compared with 2021, rent in Lake Arbor, MD has climbed by $456 per month, settling near $2,111 after starting the period at $1,655. Census figures show median household income at $121,211 today, compared with $110,394 five years earlier. Rent outpaced income growth by roughly 17.8 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. About 37.1% of households rent today, against 39.1% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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View Lake Arbor rent history (2015–2026) →
Salary vs rent

Can you afford rent in Lake Arbor on your salary?

At $2,111/mo, how Lake Arbor rent compares to typical pay (30% rule).

By apartment size

Lake Arbor rent by bedroom count

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

Local insights

Tips for renters in Lake Arbor

About renting in Lake Arbor, MD

Last updated: July 20, 2026

The median rent in Lake Arbor is $2,111/mo as of July 2026. A studio apartment averages $2,097/mo while a 2-bedroom runs $2,054/mo. One-bedroom apartments average $1,861/mo and 3-bedroom units go for $2,396/mo.

At 21% of local median household income ($121,211/yr), Lake Arbor ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.0% over the past year.

FAQ

Frequently asked questions

Is Lake Arbor an affordable city for renters?

Lake Arbor is considered very affordable for renters. At $2,111/mo, rent takes approximately 21% of the local median household income ($121,211/yr). The standard benchmark is 30%. Lake Arbor falls comfortably within that range.

How much income do you need to rent in Lake Arbor?

To keep rent at or below 30% of gross income, you would need to earn at least $84,000/year (~$40/hour full-time) to afford the median rent of $2,111/mo in Lake Arbor. The local median household income is $121,211/yr, meaning the typical Lake Arbor household meets that threshold.

Is rent going up or down in Lake Arbor?

Rent in Lake Arbor has decreased 2.0% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Lake Arbor rent compare to other cities in Maryland?

Lake Arbor is middle-of-the-pack for Maryland for rent, ranking #43 out of 95 tracked cities at $2,111/mo.

Which nearby cities are cheaper to rent in than Lake Arbor?

Several nearby cities have lower median rents than Lake Arbor ($2,111/mo): District Heights ($1,563/mo), New Carrollton ($1,757/mo), Greater Landover ($1,758/mo).

What percentage of Lake Arbor residents rent vs. own?

According to Census data, approximately 37.1% of Lake Arbor households are renters, while 62.9% are owner-occupied. Lake Arbor leans toward homeownership, which can mean a smaller rental inventory.

How does Lake Arbor rent compare to the national average?

Lake Arbor's median rent of $2,111/mo is $146 (7%) above the US national median of $1,965/mo. Within Maryland, it ranks #43 out of 95 tracked cities.
Income Affordability
21%
VERY AFFORDABLE

At $2,111/mo, rent takes ~21% of Lake Arbor's median household income ($121,211/yr). The standard benchmark is 30%.

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

Estimated from ZIP-level data

Schools nearby

Public schools near Lake Arbor, MD

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