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ZIP Code · MD

ZIP 21040

Part of Edgewood, MD
Pop. 24,960·Harford County·94th most expensive ZIP in Maryland
Median rent (all units)
$1,772/mo
Year-over-Year
+12.4%
Month-over-Month
+0.7%
vs US Median
-$193
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 21040 · $1,772
More affordable than 54% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,270
1 BR
$1,450
2 BR
$1,770
3 BR
$2,280
4 BR+
$2,550
Research median
$1,770/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
$21,264/yr
At $1,772/mo median
Location
StateMD
CountyHarford County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.4% YoY, +0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 21040 (Edgewood, MD) is majority owner-occupied, has a large share of families with children, 22.8% of residents hold a bachelor's degree or higher.

Population
24,960
Median income
$81,704
Median age
36.4
Renters
28.9%
Age distribution
25.7%
23.6%
25%
14.2%
Under 1825.7%
18–3423.6%
35–5425%
55–6411.5%
65+14.2%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
40.7%
38.2%
White40.7%
Black38.2%
Hispanic11.2%
Asian1.2%
Other8.7%
Education (25+)
36.8%
35.2%
22.8%
No HS diploma5.2%
HS diploma36.8%
Some college35.2%
Bachelor's+22.8%
Housing tenure
71.1%
28.9%
Owner71.1%
Renter28.9%

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

2021 vs 2026

How ZIP 21040 in Edgewood, MD has changed in 5 years

Income
$72,277 → $81,704
up 13.0%
Population
24,811 → 24,960
up 0.6%
Renter share
30% → 28.9%
-1.1 pts
Bachelor's+
21.3% → 22.8%
+1.5 pts
Median age
35.4 → 36.4
+1.0 yrs

Census figures show median household income at $81,704 today, compared with $72,277 five years earlier.

Community

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Local insights

Tips for renters in ZIP 21040

About renting in ZIP 21040

Last updated: July 20, 2026

ZIP code 21040 covers Edgewood, MD. The median rent here is $1,772/mo as of July 2026. A 1-bedroom rents for a median of $1,450/mo. A 2-bedroom rents for a median of $1,770/mo.

At 26% of local median household income ($81,704/yr), ZIP 21040 ranks as affordable compared to the national benchmark of 30%. Rents have increased 12.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 21040?

As of July 20, 2026, the median monthly rent in ZIP 21040 (Edgewood, MD) is $1,772. This is based on aggregated data from public sources and community submissions.

How does ZIP 21040 rent compare to the US average?

ZIP 21040's median rent of $1,772/mo is $193 (10%) below the US national median of $1,965/mo.

How does ZIP 21040 compare to other ZIPs in Maryland?

ZIP 21040 is among the more affordable ZIP codes in Maryland, ranking #94 out of 140 ZIPs at $1,772/mo.

How much income do you need to rent in ZIP 21040?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (~$34/hour full-time) to afford the median rent of $1,772/mo in ZIP 21040. The local median household income is $81,704/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 21040?

Rent in ZIP 21040 has increased 12.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 21040 an affordable place to rent?

ZIP 21040 is considered affordable for renters. At $1,772/mo, rent takes approximately 26% of the local median household income ($81,704/yr). The standard benchmark is 30%. ZIP 21040 falls comfortably within that range.

What percentage of ZIP 21040 residents rent vs. own?

According to Census data, approximately 28.9% of ZIP 21040 households are renters, while 71.1% are owner-occupied. ZIP 21040 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 21040 compare to the rest of Edgewood?

ZIP 21040 sits right at the Edgewood citywide median of $1,772/mo.

When was rent data for ZIP 21040 last updated?

Rent data for ZIP 21040 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $1,772/mo, rent takes ~26% of ZIP 21040's median household income ($81,704/yr). The standard benchmark is 30%.

ZIP 21040 26%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 21040 (Edgewood, MD)

Recent submissions

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