ZIP 20707
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12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 20707 usually run 1.4% below trend in January and 1.2% above it in September, about $52 a month apart at today's median. Based on 10 years of data.
Rent in ZIP 20707 is at its highest level since Zillow's records here began in November 2015.
Rent in ZIP 20707 changed +3.9% over the year to September 2026. Across the 124 Maryland ZIP codes Zillow tracks, the typical change was +2.6%.
From 2019 to 2024, rent in ZIP 20707 rose 27.2% while median household income rose 30.8% ($82,367 to $107,706). Income kept ahead of rent.
Rent in ZIP 20707 is 32.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 2 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($107,706) is $2,693 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,260); a 3-bedroom is $2,850.
2nd cheapest of 4 ZIP codes in Laurel.
ZIP 20705, 4 miles away, rents for 16% less ($1,671/mo), about $3,800 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 20707. 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.
Who lives here
ZIP 20707 (Laurel, MD) is roughly split between renters and owners, has a median income above the national average, 46.2% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 20707 in Laurel, MD has changed in 5 years
Five years ago, renters in ZIP 20707 in Laurel, MD paid around $1,585 a month. That figure now sits near $1,989, up 25.5% from the 2021 baseline. Median household income climbed from $91,315 to $107,706 between 2021 and 2024, a 17.9% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 20707 in Laurel, MD adding about 1,258 residents over the five-year window, up 3.5% on net. Taken together, the five-year picture in ZIP 20707 in Laurel, MD reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
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Tips for renters in ZIP 20707
Last updated: October 17, 2026
ZIP code 20707 covers Laurel, MD. The median rent here is $1,989/mo as of October 2026. A 1-bedroom rents for a median of $2,030/mo. A 2-bedroom rents for a median of $2,260/mo.
At 22% of local median household income ($107,706/yr), ZIP 20707 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.9% over the past year.
Frequently asked questions
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How does ZIP 20707 compare to the rest of Laurel?
At $1,989/mo, rent takes ~22% of ZIP 20707's median household income ($107,706/yr). The standard benchmark is 30%.
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