ZIP 21401
Is your rent fair?
Compare your rent to the local median.
Rent by unit size
Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 21401 usually run 1.8% below trend in December and 1.8% above it in July, about $85 a month apart at today's median. Based on 10 years of data.
Rent in ZIP 21401 is at its highest level since Zillow's records here began in January 2016.
Rent in ZIP 21401 changed +2.7% 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 21401 rose 32.8% while median household income rose 18.7% ($103,911 to $123,381). Rent outpaced income.
Rent in ZIP 21401 is 35.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 7 months in a row, and rose in 8 of the last 12 months.
30% of the median household income ($123,381) is $3,085 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,480); a 3-bedroom is $3,150.
From Zillow's monthly rent index (ZORI) for ZIP 21401. 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 21401 (Annapolis, MD) is majority owner-occupied, has a large retiree population, has a median income above the national average, 61.1% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 21401 in Annapolis, MD has changed in 5 years
Since 2021, the typical rent in ZIP 21401 in Annapolis, MD has climbed from $1,833 to $2,358, a 28.6% change over five years. Household income in the area moved from $112,599 to $123,381 across the same window, up 9.6% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 2.2% since 2021, moving from about 39,517 residents to roughly 38,629. College-educated residents now make up 61.1% of adults here, versus 56.7% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 21401 in Annapolis, MD look reasonable against where the market sat half a decade ago.
Discussions about ZIP 21401
No discussions yet. Start the conversation.
Tips for renters in ZIP 21401
Last updated: October 17, 2026
ZIP code 21401 covers Annapolis, MD. The median rent here is $2,358/mo as of October 2026. A 1-bedroom rents for a median of $2,020/mo. A 2-bedroom rents for a median of $2,480/mo.
At 23% of local median household income ($123,381/yr), ZIP 21401 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.7% over the past year.
Frequently asked questions
How much income do you need to rent in ZIP 21401?
Is rent going up or down in ZIP 21401?
When is the cheapest time to rent in ZIP 21401?
Has rent outpaced income in ZIP 21401?
How does ZIP 21401 compare to other ZIPs in Maryland?
How does ZIP 21401 compare to the rest of Annapolis?
At $2,358/mo, rent takes ~23% of ZIP 21401's median household income ($123,381/yr). The standard benchmark is 30%.
How does this area stack up?
Pick another city or ZIP to compare.
Be the first to submit your rent for this ZIP.
No discussions yet.