ZIP Code · MD

ZIP 20701

Part of Jessup, MD
Pop. 513·Anne Arundel County·25th most expensive ZIP in Maryland
Median rent (all units)
$2,444/mo
Year-over-Year
-0.7%
Month-over-Month
-2.6%
vs US Median
+$479
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 20701 · $2,444
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
$1,980
1 BR
$2,200
2 BR
$2,700
3 BR
$3,430
4 BR+
$3,820
Research median
$2,700/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
$29,328/yr
At $2,444/mo median
Location
CityJessup
StateMD
CountyAnne Arundel County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.7% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-0.7% YoY, -2.6% MoM), not inventory.
Demographics

Who lives here

ZIP 20701 (Jessup, MD) is majority renter-occupied, skews toward younger working-age adults, 73.3% of residents hold a bachelor's degree or higher.

Population
513
Median income
$85,594
Median age
30.4
Renters
100%
Age distribution
87.7%
12.3%
18–3487.7%
35–5412.3%
Gender
42.9%
57.1%
Male42.9%
Female57.1%
Race & ethnicity
50.9%
35.1%
White50.9%
Black35.1%
Hispanic4.1%
Asian10.7%
Education (25+)
13.1%
73.3%
No HS diploma10%
HS diploma3.6%
Some college13.1%
Bachelor's+73.3%
Housing tenure
100%
Renter100%

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

2021 vs 2026

How ZIP 20701 in Jessup, MD has changed in 5 years

Income
$73,723 → $85,594
up 16.1%
Population
787 → 513
down 34.8%
Renter share
100% → 100%
+0.0 pts
Bachelor's+
30.9% → 73.3%
+42.4 pts

Local incomes tracked alongside that move, going from a median of $73,723 in 2021 to $85,594 more recently. Census counts show ZIP 20701 in Jessup, MD losing about 274 residents over the five-year window, down 34.8% on net. Bachelor's-degree-or-higher attainment moved from 30.9% to 73.3% across the same window.

Community

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Local insights

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About renting in ZIP 20701

Last updated: July 20, 2026

ZIP code 20701 covers Jessup, MD. The median rent here is $2,444/mo as of July 2026. A 1-bedroom rents for a median of $2,200/mo. A 2-bedroom rents for a median of $2,700/mo.

At 34% of local median household income ($85,594/yr), ZIP 20701 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 20701?

As of July 20, 2026, the median monthly rent in ZIP 20701 (Jessup, MD) is $2,444. This is based on aggregated data from public sources and community submissions.

How does ZIP 20701 rent compare to the US average?

ZIP 20701's median rent of $2,444/mo is $479 (24%) above the US national median of $1,965/mo.

How does ZIP 20701 compare to other ZIPs in Maryland?

ZIP 20701 is one of the pricier ZIP codes in Maryland, ranking #25 out of 140 ZIPs tracked at $2,444/mo.

How much income do you need to rent in ZIP 20701?

To keep rent at or below 30% of gross income, you would need to earn at least $98,000/year (~$47/hour full-time) to afford the median rent of $2,444/mo in ZIP 20701. The local median household income is $85,594/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 20701?

Rent in ZIP 20701 has decreased 0.7% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 20701 an affordable place to rent?

ZIP 20701 is considered moderate for renters. At $2,444/mo, rent takes approximately 34% of the local median household income ($85,594/yr). The standard benchmark is 30%. ZIP 20701 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 20701 residents rent vs. own?

According to Census data, approximately 100% of ZIP 20701 households are renters, while 0% are owner-occupied. With a majority renter population, ZIP 20701 has a strong rental market.

How does ZIP 20701 compare to the rest of Jessup?

ZIP 20701 is pricier than Jessup as a whole. At $2,444/mo, it's $154 above the Jessup citywide median of $2,290/mo.

When was rent data for ZIP 20701 last updated?

Rent data for ZIP 20701 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
34%
MODERATE

At $2,444/mo, rent takes ~34% of ZIP 20701's median household income ($85,594/yr). The standard benchmark is 30%.

ZIP 20701 34%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 20701 (Jessup, MD)

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