215 Apartments under 1400 for rent in College Park, MD

Last updated August 16 at 7:32am UTC
Park Tanglewood
5309 Riverdale Rd
Riverdale Park, MD
Updated August 16 at 7:30am UTC
1 Bedroom
$1,159
2 Bedrooms
$1,489
Results within 1 miles of College Park, MD
10401 46TH AVE
Beltsville
Beltsville, MD
Updated August 14 at 10:23am UTC
1 Bedroom
$1,250
9222 Willow Lane
Hyattsville
Hyattsville, MD
Updated August 9 at 9:52am UTC
5 Bedrooms
$850
4423 ROMLON STREET
Beltsville
Beltsville, MD
Updated August 9 at 6:53am UTC
1 Bedroom
$1,200
9284 ADELPHI ROAD
Hyattsville
Hyattsville, MD
Updated July 31 at 6:54pm UTC
2 Bedrooms
$1,350
Results within 5 miles of College Park, MD
5922 BERWYN ROAD
College Park
College Park, MD
Updated August 16 at 3:17am UTC
2 Bedrooms
$1,250
5109 Lackawanna St
North College Park
College Park, MD
Updated August 12 at 5:21pm UTC
1 Bedroom
$550
1836 Metzerott Road
Adelphi
Adelphi, MD
Updated July 18 at 10:19am UTC
1 Bedroom
$1,200

August 2018 College Park Rent Report

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

View full College Park Rent Report
Rent Report
College Park

August 2018 College Park Rent Report

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

College Park rents increase sharply over the past month

College Park rents have increased 0.6% over the past month, but have remained steady at 0.4% in comparison to the same time last year. Currently, median rents in College Park stand at $1,570 for a one-bedroom apartment and $1,810 for a two-bedroom. This is the fifth straight month that the city has seen rent increases after a decline in February. College Park's year-over-year rent growth lags the state average of 0.7%, as well as the national average of 1.2%.

Rents rising across the DC Metro

While rents have remained steady in the city of College Park 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 DC metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

  • Frederick has the least expensive rents in the DC metro, with a two-bedroom median of $1,550; the city has also experienced the fastest rent growth in the metro, with a year-over-year increase of 3.7%.
  • Over the past year, Centreville has seen the biggest rent drop in the metro, with a decline of 1.4%. Median two-bedrooms there cost $1,880, while one-bedrooms go for $1,630.
  • Bethesda has the most expensive rents of the largest cities in the DC metro, with a two-bedroom median of $2,460; rents increased 0.5% over the past month and 2.7% over the past year.

Many large cities nationwide show more affordable rents compared to College Park

Rent growth in College Park 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, College Park is less affordable for renters.

  • While Maryland as a whole logged rent growth of 0.7% over the past year, other cities across the state have seen rents decline moderately. For example, rents have fallen by 1.6% in Baltimore.
  • College Park's median two-bedroom rent of $1,810 is above the national average of $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the stagnant growth in College Park.
  • While rents in College Park remained moderately stable this year, similar cities saw increases, including Atlanta (+1.8%), Los Angeles (+1.3%), and San Francisco (+1.1%); note that median 2BR rents in these cities go for $1,180, $1,750, and $3,090 respectively.
  • Renters will generally find more expensive prices in College Park than most large cities. For example, Philadelphia has a median 2BR rent of $1,170, where College Park is more than one-and-a-half times 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
Washington, DC $1,340 $1,550 0.8% 0.2%
Arlington $1,810 $2,090 0.7% 1.4%
Alexandria $1,590 $1,830 0.2% 0.7%
Germantown $1,690 $1,950 -0.3% 1.2%
Silver Spring $1,520 $1,760 0.7% 1.8%
Centreville $1,630 $1,880 1.0% -1.4%
Waldorf $1,720 $1,990 -0.6% 3.1%
Frederick $1,340 $1,550 0.7% 3.7%
Rockville $1,730 $1,990 0.9% -0.3%
Bethesda $2,130 $2,460 0.5% 2.7%
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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.