174 Apartments under 1000 for rent in Laurel, MD

Last updated September 26 at 1:42AM
8613 OTTER CREEK ROAD
Laurel
Laurel, MD
Updated September 16 at 10:52AM
1 Bedroom
$800
15603 MILLBROOK LANE
Laurel
Laurel, MD
Updated September 24 at 5:56PM
1 Bedroom
$850
Results within 5 miles of Laurel, MD
9209 WILBUR COURT
Savage - Guilford
Columbia, MD
Updated September 24 at 5:59PM
1 Bedroom
$850
Results within 10 miles of Laurel, MD
101 MARYLAND PARK DRIVE
Capitol Heights
Capitol Heights, MD
Updated September 25 at 2:07AM
2 Bedrooms
$900
12326 EUGENES PROSPECT DRIVE
Bowie
Bowie, MD
Updated September 23 at 3:23AM
1 Bedroom
$800
11919 GALAXY LANE
Bowie
Bowie, MD
Updated September 19 at 10:31AM
1 Bedroom
$750
612 EASTERN AVENUE NORTHEAST
Marshall Heights - Lincoln Heights
Washington, DC
Updated September 24 at 10:56AM
1 Bedroom
$968
3412 PENNSYLVANIA STREET
Hyattsville
Hyattsville, MD
Updated September 9 at 11:24AM
1 Bedroom
$440
15825 ERWIN COURT
Bowie
Bowie, MD
Updated September 25 at 6:18PM
1 Bedroom
$725
3208 SHEKHAR COURT
Springdale
Springdale, MD
Updated September 25 at 9:38AM
1 Bedroom
$850
2010 PELDEN ROAD
Hyattsville
Hyattsville, MD
Updated September 22 at 10:17AM
8 Bedrooms
$700
Results within 20 miles of Laurel, MD
9903 BLUNDON DRIVE
Silver Spring
Silver Spring, MD
Updated September 8 at 11:43AM
Studio
$995
101 MARYLAND PARK DR #1
Capitol Heights
Capitol Heights, MD
Updated September 25 at 6:11PM
2 Bedrooms
$900
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Rent Report
Laurel

September 2017 Laurel Rent Report

Welcome to the September 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 and nation.

Laurel rents declined over the past month

Laurel rents have declined 1.0% over the past month, but have increased marginally by 0.8% in comparison to the same time last year. Currently, median rents in Laurel stand at $1,350 for a one-bedroom apartment and $1,600 for a two-bedroom. This is the second 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 1.7%, as well as the national average of 3.0%.

Rents rising across the DC Metro

Throughout the past year, rent increases have been occurring not just in the city of Laurel, but across the entire metro. Of the largest 10 cities that we have data for in the DC metro, 7 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Over the past year, Waldorf has seen the biggest rent drop in the metro, with a decline of 3.9%. Median two-bedrooms there cost $1,930, while one-bedrooms go for $1,670.
  • Rockville has seen the fastest rent growth in the metro, with a year-over-year increase of 2.7%. The median two-bedroom there costs $2,000, while one-bedrooms go for $1,730.
  • Frederick has the least expensive rents in the DC metro, with a two-bedroom median of $1,490; rents went down 0.3% over the past month but rose 1.5% over the past year.
  • Bethesda has the most expensive rents of the largest cities in the DC metro, with a two-bedroom median of $2,400; rents decreased 0.2% over the past month and 0.9% over the past year.

Many large cities nationwide show more affordable rents compared to Laurel

Rent growth in Laurel has been relatively stable over the past year - some other large cities have seen more substantial increases. Compared to most large cities across the country, Laurel is less affordable for renters.

  • Other cities across the state have seen rents increase, with Maryland as a whole logging rent growth of 1.7% over the past year.
  • Laurel's median two-bedroom rent of $1,600 is above the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 0.8% increase in Laurel.
  • While rents in Laurel remained moderately stable this year, similar cities saw increases, including Seattle (+5.4%), Los Angeles (+5.0%), and Chicago (+3.8%); note that median 2BR rents in these cities go for $1,710, $1,740, and $1,290 respectively.
  • Renters will generally find more expensive prices in Laurel than most large cities. For example, Philadelphia has a median 2BR rent of $1,170.

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 0.3% -0.5%
Arlington $1,780 $2,060 0.1% 0.0%
Alexandria $1,570 $1,820 -0.2% 0.7%
Germantown $1,670 $1,920 -0.0% 2.5%
Silver Spring $1,510 $1,740 0.7% 1.0%
Centreville $1,630 $1,880 -1.5% 2.5%
Waldorf $1,670 $1,930 -0.1% -3.9%
Frederick $1,290 $1,490 -0.3% 1.5%
Rockville $1,730 $2,000 -0.0% 2.7%
Bethesda $2,070 $2,400 -0.2% -0.9%
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.