Rental market snapshot for Annapolis, Maryland

Annapolis, Maryland Rental Property Market Overview

Annapolis, Maryland is a vibrant city located on the Chesapeake Bay. With a population of 40,687 as of 2021 (US Census), Annapolis is a popular destination for tourists and locals alike. The city is home to a variety of attractions, including the United States Naval Academy, the Maryland State House, and the historic downtown district. Annapolis is also known for its vibrant arts and culture scene, with a variety of galleries, museums, and performing arts venues. With its unique blend of history, culture, and natural beauty, Annapolis is a great place to visit or call home.

The average rent for an apartment in Annapolis is $2,494. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Annapolis Maryland | Cost of Living

  • The most expensive ZIP code in Annapolis is 20701 with an average price of $2,540.
  • The cheapest ZIP code in Annapolis is 21403 with an average price of $2,129.

Annapolis ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
120701$2,540
221401$2,448
321403$2,129

Live near Annapolis, Maryland's Top Sights and Attractions

Sandy Point State Park is a beautiful waterfront park located on the Chesapeake Bay. It features a beach, boat launch, picnic areas, and a fishing pier. The park also offers a variety of recreational activities, including swimming, fishing, kayaking, and hiking. Visitors can also explore the park's nature trails and take in the stunning views of the bay.

Truxtun Park is a scenic waterfront park located on the banks of the Chesapeake Bay. It features a large grassy area, a playground, a boat launch, and a fishing pier. There are also several picnic tables and grills available for visitors to use. The park also offers stunning views of the bay and the surrounding area, making it a popular spot for sightseeing and photography.

Susan Campbell Park City Dock is a picturesque waterfront park located on the banks of the Chesapeake Bay in Annapolis, Maryland. The park features a large pier with a stunning view of the harbor, a boardwalk lined with benches, and a grassy area with picnic tables and grills. Visitors can take a leisurely stroll along the pier, take in the sights of the harbor, or enjoy a picnic lunch while watching the boats sail by. The park also offers a variety of activities such as kayaking, fishing, and crabbing.

The Banneker Douglass Museum is a museum dedicated to preserving and celebrating African American history and culture in Maryland. It is located in a historic building in Annapolis, and features a variety of exhibits, including artifacts, photographs, and interactive displays. The museum also hosts a variety of educational programs, lectures, and special events. Visitors can explore the museum's galleries, which feature a wide range of topics, including African American history, art, and culture. The museum also has a gift shop, where visitors can purchase souvenirs and books.

Susan Campbell Park is a beautiful waterfront park located in Annapolis, Maryland. It features a large grassy area with plenty of room for picnicking, playing games, and relaxing. The park also has a playground, a pier, and a boardwalk that stretches along the shoreline. Visitors can enjoy stunning views of the Chesapeake Bay and the Naval Academy from the park. There are also plenty of benches and picnic tables for visitors to enjoy.

The Chesapeake Bay Foundation is a non-profit organization dedicated to protecting and restoring the Chesapeake Bay and its rivers and streams. Visitors can explore the foundation's educational exhibits, take part in outdoor activities, and learn about the importance of preserving the Bay's natural resources. The foundation also offers guided tours of the Bay, as well as educational programs for school groups and other organizations.

Bay Head Park is a picturesque waterfront park located on the Chesapeake Bay. It features a sandy beach, a fishing pier, and a playground. There are also picnic tables, grills, and a pavilion for visitors to enjoy. The park is a great spot for swimming, fishing, and relaxing. The views of the bay are stunning and the sunsets are breathtaking.

Charles Carroll House is a historic home located in Annapolis, Maryland. Built in 1720, it is the oldest surviving home in the city and was the residence of Charles Carroll of Carrollton, a signer of the Declaration of Independence. The house is a two-story brick structure with a gambrel roof and features a large central chimney. Inside, visitors can explore the home's original 18th-century furnishings, including a grand staircase, four fireplaces, and a collection of artifacts and documents related to the Carroll family. The house also features a garden with a variety of plants and flowers, as well as a museum shop.

Davis Park is a picturesque waterfront park located on the banks of a river. It features a large grassy area, perfect for picnicking, as well as a playground, a boat launch, and a fishing pier. The park also offers stunning views of the river and the surrounding area, making it a great spot for a leisurely stroll or a romantic sunset.

Annual Maritime Republic of Eastport is an annual event that celebrates the maritime heritage of Annapolis, Maryland. It features a parade of boats, live music, food, and activities for the whole family. The event also includes a boat-building competition, a blessing of the fleet, and a fireworks display. It is a great way to experience the culture and history of the city and to have a great time with friends and family.

Annapolis, Maryland area median rent change by ZIP code map

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How does Annapolis compare to other cities in Maryland?

citymedian price
Adelphi$2,000
College Park$1,986
Columbia$1,930
Sykesville$1,769
Glen Burnie$1,665
Temple Hills$1,500

Average household income in Annapolis area graph - US Census

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The median household income in Annapolis in 2021 was $92,026. This represents a 30.2% change from 2011 when the median was $70,689.

#categorypercent
0Less than $10,0003.5%
1$10,000 to $14,9992.4%
2$15,000 to $19,9994.3%
3$20,000 to $24,9992.2%
4$25,000 to $29,9992.2%
5$30,000 to $34,9993.9%
6$35,000 to $39,9993.7%
7$40,000 to $44,9994.1%
8$45,000 to $49,9992.8%
9$50,000 to $59,9996.2%
10$60,000 to $74,9998.0%
11$75,000 to $99,99913.4%
12$100,000 to $124,99910.5%
13$125,000 to $149,9997.7%
14$150,000 to $199,99910.4%
15$200,000 or more14.8%

Neighborhoods in Annapolis

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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.

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.

As of February , the average rent in Annapolis is $2,494.
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