Rental market snapshot for Elkton, Maryland

Elkton, Maryland Rental Property Market Overview

Elkton, Maryland is a small town located in Cecil County. According to the US Census, Elkton has a population of 15,791 as of 2021. The town is known for its historic downtown area, which features a variety of shops, restaurants, and other attractions. Elkton is also home to a number of parks and recreational areas, making it a great place to live and visit.

The average rent for an apartment in Elkton is $1,680. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 1.1% over the past year.

Last Updated June 30, 2023

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Average monthly rent graph in Elkton Maryland | Cost of Living

  • The most expensive ZIP code in Elkton is 21921 with an average price of $1,739
  • The cheapest ZIP code in Elkton is 21921 with an average price of $1,739

Elkton ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
121921$1,739

Live near Elkton, Maryland's Top Sights and Attractions

Fair Hill Natural Resource Management Area is a 5,600-acre park located in the rolling hills of northern Maryland. It is a popular destination for outdoor recreation, offering miles of trails for hiking, biking, and horseback riding, as well as fishing, hunting, and camping. The park also features a variety of wildlife, including deer, foxes, and wild turkeys. There are also several ponds and streams, making it a great spot for bird watching. In addition, the park is home to a variety of native plants, including wildflowers, trees, and shrubs.

Meadow Park is a scenic outdoor area located in a rural setting. It features a large pond surrounded by lush green grass and tall trees, providing a peaceful and tranquil atmosphere. Visitors can enjoy a variety of activities, such as fishing, boating, and picnicking. There are also several walking trails, playgrounds, and a pavilion for special events. The park is a great place to relax and take in the beauty of nature.

Eder Park is a large outdoor recreation area located in a rural setting. It features a variety of activities, including a playground, picnic areas, a fishing pond, walking trails, and a disc golf course. The park also has a large open field, perfect for playing sports or flying kites. There are also several pavilions available for rent, making it a great spot for family gatherings or special events.

Hollingsworth Park is a scenic outdoor destination located in a rural area of Maryland. It features a large lake surrounded by lush greenery, with plenty of trails for walking, biking, and horseback riding. The park also has a playground, picnic areas, and a pavilion for special events. Visitors can also enjoy fishing, boating, and bird watching. The park is a great place to relax and enjoy nature.

Lanzi Fabrizi is a historical landmark located in Elkton, Maryland. It is a two-story stone house built in the late 1700s and is one of the oldest surviving structures in the area. The house is named after its original owner, Lanzi Fabrizi, an Italian immigrant who settled in the area in the late 1700s. The house is now a museum and visitors can explore the house and learn about its history. The house is also a popular spot for weddings and other special events.

Marina Park is a waterfront park located on the banks of the Elk River. It features a boat launch, fishing pier, picnic areas, playgrounds, and a walking trail. The park also has a pavilion with a large outdoor fireplace, perfect for hosting events or just enjoying a night under the stars. The park is a great spot for bird watching, with a variety of species of waterfowl and other birds that can be seen in the area. The park is also home to a variety of wildlife, including deer, foxes, and other small mammals.

Cecil Co Commissioners is a historic building located in Elkton, Maryland. The building was constructed in 1837 and is a two-story brick structure with a gable roof. It is one of the oldest public buildings in the state and is listed on the National Register of Historic Places. Inside the building, visitors can explore the courtroom, which features a large wooden judge's bench and a witness stand. There is also a museum that houses artifacts from the county's history, including documents, photographs, and other items.

Elk Landing is a scenic riverside park located along the banks of the Elk River. It features a variety of outdoor activities, including fishing, kayaking, and canoeing. The park also has a playground, picnic areas, and a walking trail. Visitors can also take in the breathtaking views of the river and surrounding countryside.

Elkton, Maryland area median rent change by ZIP code map

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How does Elkton compare to other cities in Maryland?

citymedian price
Bethesda$2,775
Camp Springs$2,392
Joppatowne$2,175
Greenbelt$2,090
Catonsville$2,050
Rosedale$1,795
Lanham$1,775
Milford Mill$1,700
Forestville$1,637
Salisbury$1,600

Average household income in Elkton area graph - US Census

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The median household income in Elkton in 2021 was $57,682. This represents a .3% change from 2011 when the median was $57,512.

#categorypercent
0Less than $10,0006.0%
1$10,000 to $14,9995.4%
2$15,000 to $19,9994.8%
3$20,000 to $24,9995.0%
4$25,000 to $29,9995.1%
5$30,000 to $34,9992.0%
6$35,000 to $39,9993.4%
7$40,000 to $44,99912.5%
8$45,000 to $49,9992.2%
9$50,000 to $59,9996.7%
10$60,000 to $74,9998.5%
11$75,000 to $99,99913.1%
12$100,000 to $124,9996.2%
13$125,000 to $149,9995.9%
14$150,000 to $199,9997.4%
15$200,000 or more5.9%

Neighborhoods in Elkton

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of May , the average rent in Elkton is $1,680.
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