City Report · MD

Leonardtown

Pop. 4,808·43rd most expensive in Maryland·Rents have been falling, good time to negotiate
Median rent (all units)
$2,025/mo
Year-over-Year
Stable
Month-over-Month
-8.5%
vs US Median
+$93
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Leonardtown · $2,025
More expensive than 62% of US cities · National median $1,932/mo
Affordability
16% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $2,025/mo, rent takes about 16% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$81,000/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
Fair Market Rent (HUD)
$1,800/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,025 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: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($153,819) is $3,845 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,770).

From Zillow's monthly rent index (ZORI) for Leonardtown. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$24,300/yr
At $2,025/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -8.5% 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 $2,025/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: October 17, 2026

The median rent in Leonardtown is $2,025/mo as of October 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 16% 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

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 $81,000/year (about $39/hour full-time) to afford the median rent of $2,025/mo in Leonardtown. The local median household income is $153,819/yr, so the typical household meets that bar.

Is rent going up or down in Leonardtown?

Rent in Leonardtown has been roughly flat over the past year, a 0.0% change.

How does Leonardtown rent compare to other cities in Maryland?

Leonardtown is in the middle among Maryland cities for rent, ranking #43 of 93 tracked cities at $2,025/mo.

Which nearby cities are cheaper to rent in than Leonardtown?

Nearby cities with lower median rent than Leonardtown ($2,025/mo) include Lexington Park ($1,784/mo).
Income Affordability
16%
VERY AFFORDABLE

At $2,025/mo, rent takes ~16% of Leonardtown's median household income ($153,819/yr). The standard benchmark is 30%.

Leonardtown 16%Benchmark 30%
State income tax2–5.75%
Run the Leonardtown affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Leonardtown, MD

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