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City Report · MD

Leonardtown

Pop. 4,808·34th most expensive in Maryland·Rental market data updated monthly for Leonardtown, MD
Median rent (all units)
$2,263/mo
Year-over-Year
Stable
Month-over-Month
-1.6%
vs US Median
+$298
Falling (Monthly)
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Most AffordableMost Expensive
Leonardtown · $2,263
More expensive than 71% of US cities · National median $1,965/mo
Affordability
18% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $2,263/mo, rent takes about 18% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$91,000/yr
Local median income
$153,819/yr
Based on the 30%-of-income rule using Leonardtown's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,470
1 BR
$1,600
2 BR
$1,800
3 BR
$2,250
4 BR+
$2,770
Research median
$1,800/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
$27,156/yr
At $2,263/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -1.6% MoM), not inventory.
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Demographics

Who lives here

Leonardtown, MD is majority owner-occupied, has a large share of families with children, has a median income above the national average, 54.7% of residents hold a bachelor's degree or higher.

Population
4,808
Median income
$153,819
Median age
38.3
Renters
35.4%
Age distribution
29.8%
15.4%
34.8%
13.7%
Under 1829.8%
18–3415.4%
35–5434.8%
55–646.3%
65+13.7%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
69.4%
13.9%
White69.4%
Black11%
Hispanic13.9%
Asian3.7%
Other2%
Education (25+)
21.5%
17.3%
54.7%
No HS diploma6.4%
HS diploma21.5%
Some college17.3%
Bachelor's+54.7%
Housing tenure
64.6%
35.4%
Owner64.6%
Renter35.4%

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

2021 vs 2026

How Leonardtown, MD has changed in 5 years

Income
$126,472 → $153,819
up 21.6%
Population
4,445 → 4,808
up 8.2%
Renter share
47.3% → 35.4%
-11.9 pts
Bachelor's+
43.8% → 54.7%
+10.9 pts
Median age
32.3 → 38.3
+6.0 yrs

Local incomes tracked alongside that move, going from a median of $126,472 in 2021 to $153,819 more recently. The population has grown by 8.2% since 2021, moving from about 4,445 residents to roughly 4,808. Renters now make up 35.4% of households, compared with 47.3% five years ago. College-educated residents now make up 54.7% of adults here, versus 43.8% in 2021.

Community

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

Can you afford rent in Leonardtown on your salary?

At $2,263/mo, how Leonardtown rent compares to typical pay (30% rule).

By apartment size

Leonardtown rent by bedroom count

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

Local insights

Tips for renters in Leonardtown

About renting in Leonardtown, MD

Last updated: July 20, 2026

The median rent in Leonardtown is $2,263/mo as of July 2026. A studio apartment averages $1,470/mo while a 2-bedroom runs $1,800/mo. One-bedroom apartments average $1,600/mo and 3-bedroom units go for $2,250/mo.

At 18% of local median household income ($153,819/yr), Leonardtown ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Leonardtown an affordable city for renters?

Leonardtown is considered very affordable for renters. At $2,263/mo, rent takes approximately 18% of the local median household income ($153,819/yr). The standard benchmark is 30%. Leonardtown falls comfortably within that range.

How much income do you need to rent in Leonardtown?

To keep rent at or below 30% of gross income, you would need to earn at least $91,000/year (~$44/hour full-time) to afford the median rent of $2,263/mo in Leonardtown. The local median household income is $153,819/yr, meaning the typical Leonardtown household meets that threshold.

Is rent going up or down in Leonardtown?

Rent in Leonardtown has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Leonardtown rent compare to other cities in Maryland?

Leonardtown is middle-of-the-pack for Maryland for rent, ranking #34 out of 95 tracked cities at $2,263/mo.

Which nearby cities are cheaper to rent in than Leonardtown?

Several nearby cities have lower median rents than Leonardtown ($2,263/mo): Lexington Park ($1,728/mo), Great Mills ($2,165/mo), Waldorf ($2,249/mo).

What percentage of Leonardtown residents rent vs. own?

According to Census data, approximately 35.4% of Leonardtown households are renters, while 64.6% are owner-occupied. Leonardtown leans toward homeownership, which can mean a smaller rental inventory.

How does Leonardtown rent compare to the national average?

Leonardtown's median rent of $2,263/mo is $298 (15%) above the US national median of $1,965/mo. Within Maryland, it ranks #34 out of 95 tracked cities.
Income Affordability
18%
VERY AFFORDABLE

At $2,263/mo, rent takes ~18% of Leonardtown's median household income ($153,819/yr). The standard benchmark is 30%.

Leonardtown 18%Benchmark 30%
State income tax2–5.75%
Run the Leonardtown affordability calculator →
Lowest-rent ZIP codes in Leonardtown
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Leonardtown, MD

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