Welcome to the Apartment List May 2026 Rent Report for Annapolis, MD. Currently, the overall median rent in the city stands at $1,824, after rising 1.1% last month. Prices remain down 3.5% year-over-year. Read on to learn more about what’s been happening in the Annapolis rental market and how it compares to trends throughout the broader Baltimore metro area and the nation as a whole.