ZIP Code · MD

ZIP 20716

Part of Bowie, MD
Pop. 22,362·Prince Georges County·26th most expensive ZIP in Maryland
Median rent (all units)
$2,445/mo
Year-over-Year
+1.3%
Month-over-Month
-0.6%
vs US Median
+$513
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 20716 · $2,445
More expensive than 78% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,050
1 BR
$2,120
2 BR
$2,360
3 BR
$2,980
4 BR+
$3,500
Research median
$2,360/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 20716 usually run 1.9% below trend in January and 1.6% above it in August, about $86 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 20716 is 1.2% below its high of $2,475 in July 2026, at $2,445 as of September 2026.

Past year vs. the rest of Maryland

Rent in ZIP 20716 changed +1.3% over the year to September 2026. Across the 124 Maryland ZIP codes Zillow tracks, the typical change was +2.6%.

Recent direction

Rent has fallen 2 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($125,034) is $3,126 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,980); a 4-bedroom is $3,500.

Rank in Bowie

2nd cheapest of 4 ZIP codes in Bowie.

Cheaper nearby

ZIP 20706, 8 miles away, rents for 13% less ($2,137/mo), about $3,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 20716. 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.

Annual cost
$29,340/yr
At $2,445/mo median
Location
CityBowie
StateMD
CountyPrince Georges County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+1.3% YoY, -0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 20716 (Bowie, MD) is majority owner-occupied, has a median income above the national average, 49.2% of residents hold a bachelor's degree or higher.

Population
22,362
Median income
$125,034
Median age
43.5
Renters
30.2%
Age distribution
19.8%
19.2%
28%
15.6%
17.3%
Under 1819.8%
18–3419.2%
35–5428%
55–6415.6%
65+17.3%
Gender
47.8%
52.2%
Male47.8%
Female52.2%
Race & ethnicity
18.7%
66.2%
12.5%
White18.7%
Black66.2%
Hispanic12.5%
Asian2.5%
Education (25+)
19.4%
24.7%
49.2%
No HS diploma6.7%
HS diploma19.4%
Some college24.7%
Bachelor's+49.2%
Housing tenure
69.8%
30.2%
Owner69.8%
Renter30.2%

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

2021 vs 2026

How ZIP 20716 in Bowie, MD has changed in 5 years

Rent
$1,880 → $2,445
up 30.1%
Income
$109,177 → $125,034
up 14.5%
Population
22,390 → 22,362
down 0.1%
Renter share
27.5% → 30.2%
+2.7 pts
Bachelor's+
46.7% → 49.2%
+2.5 pts
Median age
41.7 → 43.5
+1.8 yrs

The median rent in ZIP 20716 in Bowie, MD stood at $1,880 in 2021 and currently runs about $2,445, reflecting a 30.1% increase over the period. On the earnings side, the typical household in ZIP 20716 in Bowie, MD now reports about $125,034, up from $109,177 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. Renters now make up 30.2% of households, compared with 27.5% five years ago. College-educated residents now make up 49.2% of adults here, versus 46.7% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 20716 in Bowie, MD reflects that arc in its own way.

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About renting in ZIP 20716

Last updated: October 17, 2026

ZIP code 20716 covers Bowie, MD. The median rent here is $2,445/mo as of October 2026. A 1-bedroom rents for a median of $2,120/mo. A 2-bedroom rents for a median of $2,360/mo.

At 23% of local median household income ($125,034/yr), ZIP 20716 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 20716?

To keep rent at or below 30% of gross income, you would need to earn at least $98,000/year (about $47/hour full-time) to afford the median rent of $2,445/mo in ZIP 20716. The local median household income is $125,034/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 20716?

Rent in ZIP 20716 has risen 1.3% over the past year as of September 2026. It sits 1.2% below its high of $2,475 in July 2026.

When is the cheapest time to rent in ZIP 20716?

Asking rents in ZIP 20716 are usually lowest in January, about 1.9% below their yearly trend, and highest in August, about 1.6% above it. At today's median that is a gap of roughly $86 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 20716 compare to other ZIPs in Maryland?

ZIP 20716 is one of the pricier among Maryland ZIP codes for rent, ranking #26 of 140 at $2,445/mo. Over the year to September 2026, rent in ZIP 20716 changed +1.3%, against a typical +2.6% across the 124 Maryland ZIP codes Zillow tracks.

How does ZIP 20716 compare to the rest of Bowie?

At $2,445/mo, ZIP 20716 is $56 below the Bowie citywide median of $2,501/mo. It is the 2nd cheapest of 4 ZIP codes in Bowie.
Income Affordability
23%
VERY AFFORDABLE

At $2,445/mo, rent takes ~23% of ZIP 20716's median household income ($125,034/yr). The standard benchmark is 30%.

ZIP 20716 23%Benchmark 30%
State income tax2–5.75%
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