Apartments in 20723

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5
$442
Laurel, MD
2 BR | Ask for Availability
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16
$1,975
8474 Leishear Rd Unit B Laurel, MD
2 BR | Ask for Availability
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House
Dishwasher
25
$3,200
Laurel, MD
3 BR | Available Now
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Air Conditioning
Storage
Dishwasher
5
Call for Pricing
9895 Palace Hall Drive Laurel, MD
1 - 2 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Senior Community
Income Restricted
Section 8
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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.

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 6 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:
August Rent Report

Welcome to the August 2026 Laurel Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the August 2026 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

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1 BR       2 BR

Laurel Rent Prices Decrease From July to August

Laurel rent prices decreased over the last month. From July to August, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Laurel one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from July to August, Laurel experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Laurel two-bedroom apartments currently stands at $.

August 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.

August 2026 Pricing Trends: Laurel vs. National Comparisons

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