How many apartments are available in 20723 on Rentable.co?
Rentable.co has 12 apartments available for rent in 20723.
What is the average rent for an apartment in 20723?
The average rent for an apartment in 20723 is around $1,800 per month.
What is the average rent for a one-bedroom apartment in 20723?
The average rent for a one-bedroom apartment in 20723 is around $1,372 per month.
Find an Apartment in 20723
Looking for apartments for rent in 20723, Laurel, MD? Rentable has a number of rental units available in this area. The average rent for apartments in 20723 is $1,800, with 1-bedroom units starting at $1,028.
Laurel, MD is a vibrant community with plenty to offer residents. Nearby points of interest include the Patuxent Research Refuge, which is a great spot for hiking and wildlife viewing. There are also several parks in the area, such as Gude Park and Riverfront Park, where you can enjoy outdoor activities and picnics.
With a total of 13 units available for rent in 20723, you have a variety of options to choose from. Whether you're looking for a cozy studio or a spacious apartment, Rentable can help you find the perfect rental that meets your needs and budget. Don't miss out on this opportunity to find your next home in Laurel, MD. Explore Rentable's apartments near 20723 today!
Laurel: January Rent Report
Welcome to the January 2025 Laurel Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
January 2025 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
$1,900
$1,430
$950
$480
$0
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
1 BR2 BR
Laurel Rent Prices Decrease From December to January
Laurel rent prices decreased over the last month. From December to January, the city experienced a -1.05% decrease for the price of a one-bedroom apartment. The rent price for a Laurel one-bedroom apartments currently stands at $1,510.0.
When we take a look at the two-bedroom comparison from December to January, Laurel experienced a -0.39% decrease for the price of a two-bedroom apartment. The rent price for a Laurel two-bedroom apartments currently stands at $1,789.0.
January Prices: Laurel vs. Surrounding Areas
Rent Prices in Laurel and Surrounding Areas
Rent prices have decreased 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.
January 2025 Pricing Trends: Laurel vs. National Comparisons
New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,103
$3,142
$2,383
$2,341
$1,905
$1,282
$1,242
$1,219
$0
$1,350
$2,700
$4,050
$5,400
Median Rent
Laurel Rent Prices More Affordable Than Major Cities
Rent growth in Laurel over the past year has been
declining. 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 January
1 BR M/M % Change
2 BR January
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.