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City Report · MD

Lutherville Timonium

·36th most expensive in Maryland·Lutherville Timonium rents are up 12.4% over the past year
Median rent (all units)
$2,240/mo
Year-over-Year
+12.4%
Month-over-Month
-4.1%
vs US Median
+$275
Falling (Monthly)
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Most AffordableMost Expensive
Lutherville Timonium · $2,240
More expensive than 71% of US cities · National median $1,965/mo
Affordability
37% of income
MODERATE
0%30% benchmark60%+

At $2,240/mo, rent takes about 37% of the US median household income, slightly above the 30% benchmark.

Income to afford
$90,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Lutherville Timonium's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,400
1 BR
$1,590
2 BR
$1,950
3 BR
$2,510
4 BR+
$2,800
Research median
$1,950/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
$26,880/yr
At $2,240/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (12.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+12.4% YoY, -4.1% MoM), not inventory.
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Salary vs rent

Can you afford rent in Lutherville Timonium on your salary?

At $2,240/mo, how Lutherville Timonium rent compares to typical pay (30% rule).

By apartment size

Lutherville Timonium rent by bedroom count

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

Local insights

Tips for renters in Lutherville Timonium

About renting in Lutherville Timonium, MD

Last updated: July 20, 2026

The median rent in Lutherville Timonium is $2,240/mo as of July 2026. A studio apartment averages $1,400/mo while a 2-bedroom runs $1,950/mo. One-bedroom apartments average $1,590/mo and 3-bedroom units go for $2,510/mo.

At 37% of estimated US median household income ($72,000/yr), Lutherville Timonium ranks as moderate compared to the national benchmark of 30%. Rents have increased 12.4% over the past year.

FAQ

Frequently asked questions

Is Lutherville Timonium an affordable city for renters?

Lutherville Timonium is considered moderate for renters. At $2,240/mo, rent takes approximately 37% of the US median household income ($72,000/yr). The standard benchmark is 30%. Lutherville Timonium slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Lutherville Timonium?

To keep rent at or below 30% of gross income, you would need to earn at least $90,000/year (~$43/hour full-time) to afford the median rent of $2,240/mo in Lutherville Timonium.

Is rent going up or down in Lutherville Timonium?

Rent in Lutherville Timonium has increased 12.4% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Lutherville Timonium rent compare to other cities in Maryland?

Lutherville Timonium is middle-of-the-pack for Maryland for rent, ranking #36 out of 95 tracked cities at $2,240/mo.

Which nearby cities are cheaper to rent in than Lutherville Timonium?

Several nearby cities have lower median rents than Lutherville Timonium ($2,240/mo): Carney ($1,478/mo), Parkville ($1,624/mo), Baltimore ($1,799/mo).

How does Lutherville Timonium rent compare to the national average?

Lutherville Timonium's median rent of $2,240/mo is $275 (14%) above the US national median of $1,965/mo. Within Maryland, it ranks #36 out of 95 tracked cities.
Income Affordability
37%
MODERATE

At $2,240/mo, rent takes ~37% of US median household income ($72,000/yr). The standard benchmark is 30%.

Lutherville Timonium 37%Benchmark 30%
State income tax2–5.75%
Run the Lutherville Timonium affordability calculator →
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Neighborhoods

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Public schools near Lutherville Timonium, MD

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