129 Apartments under 1200 for rent in Odenton, MD

Last updated September 23 at 12:07AM
Results within 1 miles of Odenton, MD
Results within 5 miles of Odenton, MD
6304 GILBRALTER COURT
Bowie
Bowie, MD
Updated September 11 at 11:25AM
1 Bedroom
$1,000
8613 OTTER CREEK ROAD
Laurel
Laurel, MD
Updated September 16 at 10:52AM
1 Bedroom
$800
15825 ERWIN COURT
Bowie
Bowie, MD
Updated September 22 at 6:10PM
1 Bedroom
$725
11919 GALAXY LANE
Bowie
Bowie, MD
Updated September 19 at 10:31AM
1 Bedroom
$750
Results within 10 miles of Odenton, MD
Apartment List detective logo

Keep Looking!

Try removing some filters or broadening your
search area to see more results.

Apartment List detective logo

Zoom in to see more.

Trying to get a feel for the larger area? No problem.
When you're ready, zoom in again to see pins and listings.

Apartment List sad heart

Something went wrong.

Please try your search again or reload the page.

Rent Report
Odenton

September 2017 Odenton Rent Report

Welcome to the September 2017 Odenton Rent Report. Odenton rents declined over the past month. In this report, we'll evaluate trends in the Odenton rental market, including comparisons to similar cities nationwide.

Odenton rents declined significantly over the past month

Odenton rents have declined 0.6% over the past month, but have increased slightly by 1.9% in comparison to the same time last year. Currently, median rents in Odenton stand at $1,770 for a one-bedroom apartment and $2,220 for a two-bedroom. Odenton's year-over-year rent growth leads the state average of 1.7%, but trails the national average of 3.0%.

Many large cities nationwide show more affordable rents compared to Odenton

Rent growth in Odenton 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, Odenton is less affordable for renters.

  • Maryland as a whole has logged 1.7% year-over-year growth, while rent trends across other cities throughout the state have seen both increases and decreases.
  • Odenton's median two-bedroom rent of $2,220 is above the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 1.9% increase in Odenton.
  • While rents in Odenton remained moderately stable this year, similar cities saw increases, including Columbus (+3.8%), Chicago (+3.8%), and Minneapolis (+2.6%); note that median 2BR rents in these cities go for $950, $1,290, and $1,150 respectively.
  • Renters will generally find more expensive prices in Odenton than most large cities. For example, Detroit has a median 2BR rent of $890, where Odenton is more than two-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
Baltimore $960 $1,210 -0.2% 2.6%
Columbia $1,530 $1,920 0.1% 1.5%
Glen Burnie $1,170 $1,460 -0.1% 0.6%
Towson $1,220 $1,530 0.1% -0.8%
Annapolis $1,440 $1,810 0.1% -1.4%
Odenton $1,770 $2,220 -0.6% 1.9%
Owings Mills $1,210 $1,510 0.2% 2.9%
Elkridge $1,460 $1,830 -0.3% -0.0%

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.