Rentometer, Inc. | Data as of 12/04/2025
Laurelâs rental market offers a balanced mix of apartments and singleâfamily homes, catering to professionals, families, and students alike. The cityâs blend of historic downtown charm, easy access to the Patuxent River parks, and proximity to major employment hubs in Washington, D.C., and Baltimore makes it a coveted spot for renters seeking both convenience and community. Residents enjoy a variety of dining, shopping, and cultural venuesâfrom the vibrant Laurel Mall to the annual Main Street Festivalâwhile commuter routes like the MARC train and Iâ95 provide seamless connections to the broader Maryland region.
Apartment options in Laurel range from cozy studios to spacious threeâbedroom units, with studios typically renting in the $1400s and oneâbedroom apartments trending toward the $1600s. Twoâbedroom apartments and comparable houses often fall in the low $2100s, while larger threeâ and fourâplusâbedroom homes can command prices approaching $4000, reflecting the appeal of extra space and premium locations near schools and amenities. Whether you prefer a modern highârise near the mall or a quiet residential street in neighborhoods like North Laurel or the historic Downtown district, the cityâs diverse inventory supports a wide array of lifestyle needs.
The overall appeal of Laurelâs rental landscape lies in its blend of affordability, variety, and strategic location within Marylandâs thriving suburbs. With wellâmaintained rental properties, strong publicâtransport links, and an array of recreational spacesâincluding the scenic Patuxent Trail and community parksârenters find a welcoming environment that balances suburban tranquility with urban accessibility. This makes Laurel an attractive choice for anyone looking to settle in a dynamic, yet comfortable, Maryland city.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,422 | $1,372 | $1,192 - $1,795 | $1,334 - $1,485 |
| Apartment | 1 Bedroom | $1,679 | $1,610 | $1,300 - $2,400 | $1,483 - $1,789 |
| Apartment | 2 Bedroom | $2,098 | $2,000 | $1,549 - $3,440 | $1,750 - $2,400 |
| Apartment | 3 Bedroom | $2,425 | $2,320 | $2,011 - $3,440 | $2,120 - $2,632 |
| House | 2 Bedroom | $2,150 | $2,325 | $1,500 - $2,500 | $2,250 - $2,400 |
| House | 3 Bedroom | $2,583 | $2,500 | $2,400 - $2,850 | $2,400 - $2,850 |
| House | 4+ Bedroom | $4,036 | $3,775 | $2,995 - $6,400 | $3,450 - $4,400 |
In the current period, the average rent in Laurel was $1,422 for Studio, $1,679 for 1 Bedroom, $2,106 for 2 Bedroom, $2,462 for 3 Bedroom, and $3,811 for 4+ Bedroom.
Data provided by Rentometer, Inc.