Rents are 3% above what Parkville's 10-year trend predicts — running hotter than its own history.
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 $1,675 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
November. Asking rents in Parkville usually run 1.4% below trend in November and 1.1% above it in May, about $42 a month apart at today's median. Based on 5 years of data.
Rent in Parkville is at its highest level since Zillow's records here began in April 2021.
Rent in Parkville changed +7.4% over the year to September 2026. Across the 81 Maryland cities Zillow tracks, the typical change was +2.4%.
Rent has risen 3 months in a row, and rose in 10 of the last 12 months.
30% of the median household income ($79,178) is $1,979 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,870); a 3-bedroom is $2,410.
Carney, 1 mile away, rents for 11% less ($1,497/mo), about $2,100 a year in savings.
From Zillow's monthly rent index (ZORI) for Parkville. 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
Parkville, MD is majority owner-occupied, 33.2% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Parkville, MD has changed in 5 years
Across the past five years, the going rent in Parkville, MD has shifted from $1,240 to $1,675, up 35.1% since 2021. Census figures show median household income at $79,178 today, compared with $72,523 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Bachelor's-degree-or-higher attainment moved from 30% to 33.2% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.
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At $1,675/mo, how Parkville rent compares to typical pay (30% rule).
Parkville rent by bedroom count
Median rent for each apartment size in Parkville. Click any size for full breakdown.
Tips for renters in Parkville
Last updated: October 17, 2026
The median rent in Parkville is $1,675/mo as of October 2026. A studio apartment averages $1,340/mo while a 2-bedroom runs $1,870/mo. One-bedroom apartments average $1,530/mo and 3-bedroom units go for $2,410/mo.
At 25% of local median household income ($79,178/yr), Parkville ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.4% over the past year.
Frequently asked questions
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Which nearby cities are cheaper to rent in than Parkville?
At $1,675/mo, rent takes ~25% of Parkville's median household income ($79,178/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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