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40 2 Bedroom Apartments for rent in Annapolis, MD

Last updated January 23 at 10:16am UTC
18 CATHEDRAL STREET
Annapolis
Annapolis, MD
Updated January 21 at 3:02am UTC
2 Bedrooms
$1,850
2004 PEGGY STEWART WAY
Annapolis
Annapolis, MD
Updated January 23 at 10:16am UTC
2 Bedrooms
$1,550
11 Mooring Point Ct
Annapolis
Annapolis, MD
Updated January 21 at 1:56am UTC
2 Bedrooms
$1,650
196 CLAY STREET
Annapolis
Annapolis, MD
Updated January 21 at 9:46am UTC
2 Bedrooms
$1,500
798 FAIRVIEW AVENUE
Annapolis
Annapolis, MD
Updated January 23 at 10:14am UTC
2 Bedrooms
$1,650
17 RIVERVIEW AVENUE
Annapolis
Annapolis, MD
Updated January 16 at 2:25am UTC
2 Bedrooms
$1,375
942 SHIPS BELL COURT
Annapolis
Annapolis, MD
Updated January 23 at 10:16am UTC
2 Bedrooms
$1,700
2131 BEACH VILLAGE COURT
Annapolis
Annapolis, MD
Updated January 23 at 10:16am UTC
2 Bedrooms
$2,300
790 FAIRVIEW AVENUE
Annapolis
Annapolis, MD
Updated January 23 at 10:16am UTC
2 Bedrooms
$1,750
77 MARYLAND AVENUE
Annapolis
Annapolis, MD
Updated January 18 at 12:58pm UTC
2 Bedrooms
$2,400
2002 Phillips Terrace #10
Annapolis
Annapolis, MD
Updated January 10 at 12:25pm UTC
2 Bedrooms
$1,750
1915 TOWNE CENTRE BOULEVARD
Annapolis
Annapolis, MD
Updated January 16 at 9:43am UTC
2 Bedrooms
$2,800
1970 SCOTTS CROSSING WAY
Annapolis
Annapolis, MD
Updated January 11 at 2:42am UTC
2 Bedrooms
$1,700
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January 2018 Annapolis Rent Report

Welcome to the January 2018 Annapolis Rent Report. Annapolis rents increased over the past month. In this report, we'll evaluate trends in the Annapolis rental market, including comparisons to cities throughout the metro, state, and nation.

View full Annapolis Rent Report
Rent Report
Annapolis

January 2018 Annapolis Rent Report

Welcome to the January 2018 Annapolis Rent Report. Annapolis rents increased over the past month. In this report, we'll evaluate trends in the Annapolis rental market, including comparisons to cities throughout the metro, state, and nation.

Annapolis rents increase sharply over the past month

Annapolis rents have increased 0.9% over the past month, but have remained steady at 0.4% in comparison to the same time last year. Currently, median rents in Annapolis stand at $1,450 for a one-bedroom apartment and $1,820 for a two-bedroom. Annapolis' year-over-year rent growth lags the state average of 1.5%, as well as the national average of 2.8%.

Rents rising across the Baltimore Metro

While rents have remained steady in the city of Annapolis throughout the past year, cities across the metro have seen a different trend. Rents have risen in 8 of of the largest 10 cities in the Baltimore metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

  • Dundalk has seen the fastest rent growth in the metro, with a year-over-year increase of 3.6%. The median two-bedroom there costs $1,180, while one-bedrooms go for $940.
  • Over the past year, Towson has seen the biggest rent drop in the metro, with a decline of 3.7%. Median two-bedrooms there cost $1,500, while one-bedrooms go for $1,190.
  • Essex has the least expensive rents in the Baltimore metro, with a two-bedroom median of $1,090; rents increased 2.0% over the past year but remained flat month-over-month.
  • Odenton has the most expensive rents of the largest cities in the Baltimore metro, with a two-bedroom median of $2,200; rents went down 1.0% over the past month but rose 2.0% over the past year.

Many large cities nationwide show more affordable rents compared to Annapolis

Rent growth in Annapolis has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Compared to most large cities across the country, Annapolis is less affordable for renters.

  • Annapolis' median two-bedroom rent of $1,820 is above the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the stagnant growth in Annapolis.
  • While rents in Annapolis remained moderately stable this year, similar cities saw increases, including Columbus (+3.8%), Boston (+1.9%), and Minneapolis (+1.5%); note that median 2BR rents in these cities go for $960, $2,050, and $1,130 respectively.
  • Renters will generally find more expensive prices in Annapolis than most large cities. For example, Detroit has a median 2BR rent of $890, where Annapolis is more than twice that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Baltimore $960 $1,200 0.5% 2.9%
Columbia $1,500 $1,890 -0.4% 0.3%
Glen Burnie $1,150 $1,440 -0.2% -0.2%
Ellicott City $1,450 $1,820 -0.3% 2.0%
Dundalk $940 $1,180 -0.4% 3.6%
Towson $1,190 $1,500 -1.5% -3.7%
Catonsville $1,080 $1,360 -0.3% 2.0%
Essex $870 $1,090 -0.0% 2.0%
Annapolis $1,450 $1,820 0.9% 0.4%
Odenton $1,760 $2,200 -1.0% 2.0%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.