Rental market snapshot for Takoma Park, Maryland

Takoma Park, Maryland Rental Property Market Overview

Takoma Park, Maryland is a vibrant and diverse city located just outside of Washington, D.C. According to the US Census, the population of Takoma Park in 2021 is 17,462. The city is known for its progressive values, its commitment to sustainability, and its vibrant arts and culture scene. Takoma Park is home to a variety of restaurants, shops, and parks, making it a great place to live and visit.

The average rent for an apartment in Takoma Park is $1,404. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -8.2% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Takoma Park Maryland | Cost of Living

  • The most expensive ZIP Code in Takoma Park is 20912 with an average price of $1,425
  • The cheapest ZIP Code in Takoma Park is 20912 with an average price of $1,425

Takoma Park ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
120912$1,425

Live near Takoma Park, Maryland's Top Sights and Attractions

Opal A Daniels Park is a beautiful outdoor space located in Takoma Park, Maryland. It features a large open grassy area, perfect for picnics, sports, and other outdoor activities. The park also has a playground, a basketball court, and a walking path. There is plenty of shade from the trees, and the park is well-maintained and clean. It's a great place to spend a day with family and friends.

Sligo Creek Svu is a beautiful natural area located in Takoma Park, Maryland. It features a winding creek that runs through the park, as well as a variety of trails for walking, biking, and horseback riding. The park also has a playground, picnic areas, and a variety of wildlife. The creek is home to many species of fish, birds, and other animals, making it a great spot for nature lovers.

The Takoma Park Recreation Center is a vibrant community hub located in a picturesque suburban setting. It offers a wide range of recreational activities for all ages, including a gymnasium, fitness center, indoor pool, outdoor pool, and a variety of sports courts. The center also features a playground, picnic area, and a variety of classes and programs. The center is a great place to spend time with family and friends, and is a popular destination for locals and visitors alike.

Takoma Park is a vibrant and diverse community located just outside of Washington, DC. It is known for its unique shops, restaurants, and cultural attractions. One of the most popular attractions in Takoma Park is the Takoma Park Folk Festival. This annual event celebrates the city's rich musical heritage with performances from local and international folk musicians. The festival also features a variety of food vendors, artisans, and activities for the whole family.

Takoma Piney Branch Lp is a scenic park located in a residential area of Maryland. It features a large lake surrounded by lush trees and grassy fields, providing a tranquil and peaceful atmosphere. There are plenty of walking trails, picnic areas, and benches for visitors to enjoy. The park also has a playground, basketball court, and a disc golf course. The lake is stocked with fish, making it a great spot for fishing.

Totley Fraser Park is a large outdoor recreational area located in a suburban area of Maryland. It features a variety of activities for visitors to enjoy, including a playground, picnic areas, walking trails, and a large lake. The lake is stocked with fish, and visitors can rent canoes and kayaks to explore the lake. The park also features a large open field, perfect for playing sports or flying kites. There are also several pavilions and picnic tables available for visitors to use.

Takoma Park is a vibrant and diverse community located just outside of Washington, D.C. It is known for its eclectic mix of shops, restaurants, and art galleries, as well as its beautiful parks and trails. The town is also home to the historic Takoma Theater, a restored 1920s movie theater that now hosts live music and other events. There is also the Takoma Park Farmers Market, a weekly outdoor market that features local produce, crafts, and other goods.

Becca Lilly is a beautiful outdoor sculpture garden located in Takoma Park, Maryland. The garden features a variety of sculptures, ranging from abstract to representational, created by local and international artists. Visitors can explore the garden and take in the unique artworks, as well as enjoy the peaceful atmosphere and lush greenery. The garden is open year-round and is a great place to relax and take in the beauty of nature.

Memorial Park is a large outdoor space located in Takoma Park, Maryland. It features a variety of recreational activities, including a playground, tennis courts, basketball courts, a walking trail, and a picnic area. The park also has a memorial dedicated to those who have served in the military. The memorial includes a large stone monument, a flagpole, and a plaque with the names of those who have served. The park is a popular spot for locals and visitors alike, and is a great place to spend a day outdoors.

Tonal Park is a unique outdoor attraction located in a suburban area. It features a large, grassy field surrounded by a variety of trees, shrubs, and flowers. The park also has a pond, a playground, and a picnic area. Visitors can take a leisurely stroll along the winding paths, or enjoy a picnic lunch under the shade of the trees. The park is also home to a variety of wildlife, including birds, squirrels, and other small animals.

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

Takoma Park, Maryland area median rent change by ZIP Code map

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

How does Takoma Park compare to other cities in Maryland ?

citymedian price
Cockeysville$1,840
Ellicott City$2,299
Parkville$1,700
Laurel$1,950
Edgewood$1,364
College Park$2,042
Owings Mills$1,931
Owings Mills$1,850

Average household income in Takoma Park area graph - US Census

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

The median household income in Takoma Park in 2021 was $83,919. This represents a 20.8% change from 2011 when the median was $69,474.

#categorypercent
0Less than $10,0006.5%
1$10,000 to $14,9993.4%
2$15,000 to $19,9991.7%
3$20,000 to $24,9992.7%
4$25,000 to $29,9995.6%
5$30,000 to $34,9994.0%
6$35,000 to $39,9992.7%
7$40,000 to $44,9992.6%
8$45,000 to $49,9992.5%
9$50,000 to $59,9997.5%
10$60,000 to $74,9996.4%
11$75,000 to $99,99912.0%
12$100,000 to $124,9998.8%
13$125,000 to $149,9995.2%
14$150,000 to $199,9998.0%
15$200,000 or more20.4%

Explore other rental market trend reports

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.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

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.
Made withDataherald