243 Apartments under 1000 for rent in Laurel, MD

Last updated November 19 at 1:44am UTC
13909 CONCORD AVENUE
Laurel Lakes
Laurel, MD
Updated November 11 at 2:33am UTC
1 Bedroom
$950
Results within 5 miles of Laurel, MD
14249 CASTLE BOULEVARD
Silver Spring
Silver Spring, MD
Updated November 11 at 2:34am UTC
1 Bedroom
$950
The Normandie
6817 Georgia Ave NW
Washington, DC
Updated November 16 at 7:08pm UTC
Studio
$728
1 Bedroom
$1,350
Results within 10 miles of Laurel, MD
3412 PENNSYLVANIA STREET
Hyattsville
Hyattsville, MD
Updated November 11 at 2:25am UTC
1 Bedroom
$440
1830 METZEROTT ROAD
Hyattsville
Hyattsville, MD
Updated November 11 at 2:26am UTC
1 Bedroom
$975
18525 Clovercrest Circle
Olney
Olney, MD
Updated October 28 at 11:01am UTC
1 Bedroom
$600
15825 ERWIN COURT
Bowie
Bowie, MD
Updated November 19 at 1:42am UTC
1 Bedroom
$725
12326 EUGENES PROSPECT DRIVE
Bowie
Bowie, MD
Updated November 11 at 2:33am UTC
1 Bedroom
$800
101 MARYLAND PARK DR #1
Capitol Heights
Capitol Heights, MD
Updated October 5 at 11:15am UTC
2 Bedrooms
$900
9206 LIMESTONE PL
College Park Woods
College Park, MD
Updated November 17 at 11:11am UTC
6 Bedrooms
$600
101 MARYLAND PARK DRIVE
Capitol Heights
Capitol Heights, MD
Updated November 11 at 2:32am UTC
2 Bedrooms
$900
9258 CURTIS DRIVE
Owen Brown
Columbia, MD
Updated November 19 at 1:44am UTC
4 Bedrooms
$800
4009 9TH STREET NE
Brookland
Washington, DC
Updated November 19 at 1:42am UTC
1 Bedroom
$950
2414 WINDING RIDGE ROAD
Odenton
Odenton, MD
Updated November 4 at 2:39am UTC
1 Bedroom
$600
Results within 20 miles of Laurel, MD
7788 ROTHERHAM DR #Basement
Jessup
Jessup, MD
Updated November 19 at 1:26am UTC
1 Bedroom
$850
8009 GARLAND AVENUE
Takoma Park
Takoma Park, MD
Updated November 16 at 11:17am UTC
Studio
$750
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November 2017 Laurel Rent Report

Welcome to the November 2017 Laurel Rent Report. Laurel rents declined over the past month. In this report, we'll evaluate trends in the Laurel rental market, including comparisons to cities throughout the metro, state, and nation.

View full Laurel Rent Report
Rent Report
Laurel

November 2017 Laurel Rent Report

Welcome to the November 2017 Laurel Rent Report. Laurel rents declined over the past month. In this report, we'll evaluate trends in the Laurel rental market, including comparisons to cities throughout the metro, state, and nation.

Laurel rents declined over the past month

Laurel rents have declined 0.6% over the past month, and are down significantly by 2.0% in comparison to the same time last year. Currently, median rents in Laurel stand at $1,320 for a one-bedroom apartment and $1,570 for a two-bedroom. This is the fourth straight month that the city has seen rent decreases after an increase in June. Laurel's year-over-year rent growth lags the state average of 1.4%, as well as the national average of 2.7%.

Rents rising across the DC Metro

While rent prices have decreased in Laurel over the past year, the rest of the metro is seeing the opposite trend. Rents have risen in 6 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 $1,480; the city has also experienced the fastest rent growth in the metro, with a year-over-year increase of 2.4%.
  • Over the past year, Waldorf has seen the biggest rent drop in the metro, with a decline of 1.3%. Median two-bedrooms there cost $1,960, while one-bedrooms go for $1,700.
  • Bethesda has the most expensive rents of the largest cities in the DC metro, with a two-bedroom median of $2,390; rents went down 0.5% over the past month and 0.4% over the past year.

Many large cities nationwide show more affordable rents compared to Laurel

As rents have fallen significantly in Laurel, many large cities nationwide have seen prices increase, in some cases substantially. Compared to most large cities across the country, Laurel is less affordable for renters.

  • Other cities across the state have seen rents moderately increase, with Maryland as a whole logging rent growth of 1.4% over the past year. For example, rents have grown by 2.5% in Baltimore.
  • Laurel's median two-bedroom rent of $1,570 is above the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 2.0% decline in Laurel.
  • While rents in Laurel fell significantly over the past year, many cities nationwide saw increases, including Seattle (+4.2%), Los Angeles (+3.9%), and Atlanta (+2.4%).
  • Renters will generally find more expensive prices in Laurel than most large cities. For example, Philadelphia has a median 2BR rent of $1,160.

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 $1,540 -0.5% -0.6%
Arlington $1,760 $2,030 -0.9% 0.6%
Alexandria $1,560 $1,800 -0.4% 0.1%
Germantown $1,640 $1,890 -0.8% 0.1%
Silver Spring $1,500 $1,740 -0.8% 0.4%
Centreville $1,590 $1,840 -1.5% -1.2%
Waldorf $1,700 $1,960 0.7% -1.3%
Frederick $1,290 $1,480 -0.1% 2.4%
Rockville $1,710 $1,970 -0.6% 1.3%
Bethesda $2,070 $2,390 -0.5% -0.4%
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.