Apartments in Montpelier Laurel

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37
$1,845 - 3,300
Deal
4.0
6900 Andersons Way Laurel, MD
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
23
$1,510 - 1,890
Deal
3.8
9523 Muirkirk Rd. Laurel, MD
1 - 2 BR | Available Now
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Montpelier
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
17
$1,365 - 2,350
13178 Larchdale Rd Laurel, MD
1 - 3 BR | Available Now
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Dog Friendly
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Luxury
Air Conditioning
In Unit Laundry
20
$1,410 - 2,190
13010 Old Stagecoach Rd Laurel, MD
Studio - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
20
$1,510 - 2,285
11686 S Laurel Drive Laurel, MD
1 - 3 BR | Available Now
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Dog Friendly
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Luxury
In Unit Laundry
Balcony/Deck/Patio
5
$942 - 1,235
9010 Briarcroft Lane Laurel, MD
Studio - 2 BR | Ask for Availability
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Air Conditioning
Fitness Center
Dishwasher
20
$1,320 - 2,470
8800 Hunting Ln Laurel, MD
1 - 3 BR | Available Now
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Section 8
Air Conditioning
In Unit Laundry
16
$1,650
Laurel, MD
1 BR | May. 11, 2024
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House
Storage
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Oak Crest
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Laurel:
March Rent Report

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

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Laurel 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 Laurel average rent prices in the chart below.

Monthly Rent Report

$1,850
$1,390
$930
$460
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Laurel Rent Prices Increase From February to March

Laurel rent prices increased over the last month. From February to March, the city experienced a 0.92% increase for the price of a one-bedroom apartment. The rent price for a Laurel one-bedroom apartments currently stands at $1,535.0.

When we take a look at the two-bedroom comparison from February to March, Laurel experienced a 0.0% decrease for the price of a two-bedroom apartment. The rent price for a Laurel two-bedroom apartments currently stands at $1,791.0.

March Prices: Laurel vs. Surrounding Areas

Rent Prices in Laurel and Surrounding Areas

Rent prices have increased in Laurel 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 Laurel 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 Laurel suburbs

  • Rents did not decrease in any of the Laurel suburbs.

March 2024 Pricing Trends: Laurel vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,976
$3,029
$2,358
$2,336
$1,866
$1,310
$1,235
$1,124
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Laurel Rent Prices More Affordable Than Major Cities

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

The price for a Laurel 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 Laurel and surrounding area rent prices, take a look at the complete data set below.

Data set for Laurel and suburbs

1 BR March 1 BR M/M % Change 2 BR March 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.