How many apartments are available in Franklintown on Rentable.co?

Rentable.co has over 63 apartments available near Franklintown.

What is the average rent for a studio apartment in Franklintown?

The average rent for a studio apartment near Franklintown is around $928 per month.

What is the average rent for a one-bedroom apartment in Franklintown?

The average rent for a one-bedroom apartment near Franklintown is around $1,262 per month.

What is the average rent for a two-bedroom apartment in Franklintown?

The average rent for a two-bedroom apartment near Franklintown is around $1,379 per month.

How many apartments are available in Gwynn Oak, MD on Rentable.co?

Rentable.co has over 855 apartments available in Gwynn Oak.

What is the average rent for a studio apartment in Gwynn Oak, MD?

The average rent for a studio apartment in Gwynn Oak is around $960 per month.

What is the average rent for a one-bedroom apartment in Gwynn Oak, MD?

The average rent for a one-bedroom apartment in Gwynn Oak is around $1,280 per month.

What is the average rent for a two-bedroom apartment in Gwynn Oak, MD?

The average rent for a two-bedroom apartment in Gwynn Oak is around $1,390 per month.

How expensive is it to rent an apartment in Gwynn Oak, MD?

For a two-bedroom apartment in Gwynn Oak, the average rent price is $1,390 per month, which is lower than the national average of $1,620 per month.

Can I afford an apartment for rent in Gwynn Oak, MD?

Based on average rent prices in Gwynn Oak, to afford a studio apartment you would need an annual household income of $38,000 to live comfortably.

Apartments in Franklintown Gwynn Oak

Gwynn Oak:
May Rent Report

Welcome to the May 2024 Gwynn Oak Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Gwynn Oak rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Gwynn Oak and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Gwynn Oak average rent prices in the chart below.

Monthly Rent Report

$1,500

$1,130

$750

$380

Jun. 2023

Jul. 2023

Aug. 2023

Sep. 2023

Oct. 2023

Nov. 2023

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

1 BR 2 BR

Gwynn Oak Rent Prices Decrease From April to May

Gwynn Oak rent prices decreased over the last month. From April to May, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Gwynn Oak one-bedroom apartments currently stands at $1,298.0.

When we take a look at the two-bedroom comparison from April to May, Gwynn Oak experienced a -0.14% decrease for the price of a two-bedroom apartment. The rent price for a Gwynn Oak two-bedroom apartments currently stands at $1,421.0.

May Prices: Gwynn Oak vs. Surrounding Areas

Rent Prices in Gwynn Oak and Surrounding Areas

Rent prices have decreased in Gwynn Oak over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Gwynn Oak suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Gwynn Oak suburbs
Rents did not decrease in any of the Gwynn Oak suburbs.

May 2024 Pricing Trends: Gwynn Oak vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,056

$3,039

$2,377

$2,336

$1,913

$1,300

$1,283

$1,178

$1,350

$2,700

$4,050

$5,400

Median Rent

Gwynn Oak Rent Prices More Affordable Than Major Cities

Rent growth in Gwynn Oak over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Gwynn Oak average rent prices appear to be relatively affordable for local residents.

The price for a Gwynn Oak one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Gwynn Oak and surrounding area rent prices, take a look at the complete data set below.

Data set for Gwynn Oak and suburbs

	1 BR May	1 BR M/M % Change	2 BR May	2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.