Rents are 5% below what Lake Arbor'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 $2,285 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
March. Asking rents in Lake Arbor usually run 0.4% below trend in March and 0.4% above it in July, about $18 a month apart at today's median. Based on 7 years of data.
Rent in Lake Arbor is at its highest level since Zillow's records here began in August 2019.
Rent in Lake Arbor changed +3.2% over the year to September 2026. Across the 81 Maryland cities Zillow tracks, the typical change was +2.4%.
Rent in Lake Arbor is 35.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 5 months in a row, and rose in 7 of the last 12 months.
30% of the median household income ($121,211) is $3,030 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,814).
Greater Landover, 3 miles away, rents for 26% less ($1,692/mo), about $7,100 a year in savings.
From Zillow's monthly rent index (ZORI) for Lake Arbor. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. 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
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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Lake Arbor, MD has changed in 5 years
Compared with 2021, rent in Lake Arbor, MD has climbed by $559 per month, settling near $2,285 after starting the period at $1,726. Census figures show median household income at $121,211 today, compared with $110,394 five years earlier. Rent outpaced income growth by roughly 22.6 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.
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Can you afford rent in Lake Arbor on your salary?
At $2,285/mo, how Lake Arbor rent compares to typical pay (30% rule).
Lake Arbor rent by bedroom count
Median rent for each apartment size in Lake Arbor. Click any size for full breakdown.
Tips for renters in Lake Arbor
Last updated: October 17, 2026
The median rent in Lake Arbor is $2,285/mo as of October 2026. A studio apartment averages $2,462/mo while a 2-bedroom runs $2,412/mo. One-bedroom apartments average $2,185/mo and 3-bedroom units go for $2,814/mo.
At 23% of local median household income ($121,211/yr), Lake Arbor ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.2% over the past year.
Frequently asked questions
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How does Lake Arbor rent compare to other cities in Maryland?
Which nearby cities are cheaper to rent in than Lake Arbor?
At $2,285/mo, rent takes ~23% of Lake Arbor's median household income ($121,211/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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