Apartments in Woodmore Bowie

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$4,000
4506 Hatties Progress Dr
Bowie, MD
5 BR | Ask for Availability
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Air Conditioning
In Unit Laundry
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$3,200
Spacious 2 Level Sfh In Bowie With Modern Kitchen, Hardwood Floors, 4 Bedrooms/2 Bathrooms, Deck, Fenced In Yard And More
1035 Saint Michaels Dr Bowie, MD
4 BR | Available Now
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$3,850
11104 Mission Hills Dr
Mitchellville, MD
4 BR | Available Now
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$1,545 - 2,020
Lake Arbor Towers
11411 Lake Arbor Way Mitchellville, MD
1 - 2 BR | Available Now
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Air Conditioning
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Bowie:
June Rent Report

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

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

Monthly Rent Report

$2,650
$1,990
$1,330
$660
$0
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
1 BR       2 BR

Bowie Rent Prices Increase From May to June

Bowie rent prices increased over the last month. From May to June, the city experienced a 15.77% increase for the price of a one-bedroom apartment. The rent price for a Bowie one-bedroom apartments currently stands at $1,564.0.

When we take a look at the two-bedroom comparison from May to June, Bowie experienced a 1.53% increase for the price of a two-bedroom apartment. The rent price for a Bowie two-bedroom apartments currently stands at $2,323.0.

June Prices: Bowie vs. Surrounding Areas

Rent Prices in Bowie and Surrounding Areas

Rent prices have increased in Bowie 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 Bowie 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 Bowie suburbs

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

June 2024 Pricing Trends: Bowie vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,132
$3,030
$2,390
$2,331
$1,905
$1,353
$1,259
$1,203
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Bowie Rent Prices More Affordable Than Major Cities

Rent growth in Bowie 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, Bowie average rent prices appear to be relatively affordable for local residents.

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

Data set for Bowie and suburbs

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