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ZIP Code · MD

ZIP 20603

Part of Waldorf, MD
Pop. 31,844·Charles County·29th most expensive ZIP in Maryland
Median rent (all units)
$2,418/mo
Year-over-Year
Stable
Month-over-Month
-4.8%
vs US Median
+$453
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 20603 · $2,418
More expensive than 77% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,000
1 BR
$2,060
2 BR
$2,300
3 BR
$2,900
4 BR+
$3,410
Research median
$2,300/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
$29,016/yr
At $2,418/mo median
Location
StateMD
CountyCharles County
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, -4.8% MoM), not inventory.
Demographics

Who lives here

ZIP 20603 (Waldorf, MD) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 39.9% of residents hold a bachelor's degree or higher.

Population
31,844
Median income
$137,946
Median age
38.4
Renters
16.4%
Age distribution
25.6%
19.5%
31.6%
14%
Under 1825.6%
18–3419.5%
35–5431.6%
55–6414%
65+9.2%
Gender
47.4%
52.6%
Male47.4%
Female52.6%
Race & ethnicity
17.1%
62.7%
White17.1%
Black62.7%
Hispanic9.3%
Asian7.1%
Other3.8%
Education (25+)
23.4%
33.1%
39.9%
No HS diploma3.6%
HS diploma23.4%
Some college33.1%
Bachelor's+39.9%
Housing tenure
83.6%
16.4%
Owner83.6%
Renter16.4%

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

2021 vs 2026

How ZIP 20603 in Waldorf, MD has changed in 5 years

Income
$126,721 → $137,946
up 8.9%
Population
31,897 → 31,844
down 0.2%
Renter share
22.4% → 16.4%
-6.0 pts
Bachelor's+
37.9% → 39.9%
+2.0 pts

Household income in the area moved from $126,721 to $137,946 across the same window, up 8.9% versus 2021. The renter share has eased from 22.4% to 16.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 37.9% to 39.9% across the same window.

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Local insights

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About renting in ZIP 20603

Last updated: July 20, 2026

ZIP code 20603 covers Waldorf, MD. The median rent here is $2,418/mo as of July 2026. A 1-bedroom rents for a median of $2,060/mo. A 2-bedroom rents for a median of $2,300/mo.

At 21% of local median household income ($137,946/yr), ZIP 20603 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 is rent in ZIP code 20603?

As of July 20, 2026, the median monthly rent in ZIP 20603 (Waldorf, MD) is $2,418. This is based on aggregated data from public sources and community submissions.

How does ZIP 20603 rent compare to the US average?

ZIP 20603's median rent of $2,418/mo is $453 (23%) above the US national median of $1,965/mo.

How does ZIP 20603 compare to other ZIPs in Maryland?

ZIP 20603 is one of the pricier ZIP codes in Maryland, ranking #29 out of 140 ZIPs tracked at $2,418/mo.

How much income do you need to rent in ZIP 20603?

To keep rent at or below 30% of gross income, you would need to earn at least $97,000/year (~$47/hour full-time) to afford the median rent of $2,418/mo in ZIP 20603. The local median household income is $137,946/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 20603?

Rent in ZIP 20603 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 20603 an affordable place to rent?

ZIP 20603 is considered very affordable for renters. At $2,418/mo, rent takes approximately 21% of the local median household income ($137,946/yr). The standard benchmark is 30%. ZIP 20603 falls comfortably within that range.

What percentage of ZIP 20603 residents rent vs. own?

According to Census data, approximately 16.4% of ZIP 20603 households are renters, while 83.6% are owner-occupied. ZIP 20603 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 20603 compare to the rest of Waldorf?

ZIP 20603 is pricier than Waldorf as a whole. At $2,418/mo, it's $169 above the Waldorf citywide median of $2,249/mo.

When was rent data for ZIP 20603 last updated?

Rent data for ZIP 20603 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $2,418/mo, rent takes ~21% of ZIP 20603's median household income ($137,946/yr). The standard benchmark is 30%.

ZIP 20603 21%Benchmark 30%
State income tax2–5.75%
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