148 Apartments under 1200 for rent in Odenton, MD

Last updated November 20 at 10:09pm UTC
Results within 1 miles of Odenton, MD
Results within 5 miles of Odenton, MD
7717 BALTIMORE ANNAPOLIS BOULEVARD
Glen Burnie
Glen Burnie, MD
Updated November 11 at 2:24am UTC
1 Bedroom
$800
104 NEW JERSEY AVENUE NW
Glen Burnie
Glen Burnie, MD
Updated November 11 at 2:25am UTC
2 Bedrooms
$1,100
15825 ERWIN COURT
Bowie
Bowie, MD
Updated November 20 at 5:57pm UTC
1 Bedroom
$725
7788 ROTHERHAM DR #Basement
Jessup
Jessup, MD
Updated November 20 at 11:31am UTC
1 Bedroom
$850
Results within 10 miles of Odenton, MD
2414 WINDING RIDGE ROAD
Odenton
Odenton, MD
Updated November 4 at 2:39am UTC
1 Bedroom
$600
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November 2017 Odenton Rent Report

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

View full Odenton Rent Report
Rent Report
Odenton

November 2017 Odenton Rent Report

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

Odenton rents increased significantly over the past month

Odenton rents have increased 0.5% over the past month, and have increased slightly by 1.3% in comparison to the same time last year. Currently, median rents in Odenton stand at $1,770 for a one-bedroom apartment and $2,230 for a two-bedroom. Odenton'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 cities in Maryland

Throughout the past year, rent increases have been occurring not just in the city of Odenton, but across the entire state. Of the largest 10 cities that we have data for in Maryland, 8 of them have seen prices rise. The state as a whole logged rent growth of 1.4% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Bethesda is the most expensive of all Maryland's major cities, with a median two-bedroom rent of $2,390; of the 10 largest Maryland cities that we have data for, 3 have seen rents fall year-over-year, with Waldorf experiencing the fastest decline (-1.3%).
  • Baltimore and Frederick have both experienced year-over-year growth above the state average (2.5% and 2.4%, respectively).

Many large cities nationwide show more affordable rents compared to Odenton

As rents have increased slightly in Odenton, large cities nationwide have seen rents grow more quickly. Compared to most large cities across the country, Odenton is less affordable for renters.

  • Odenton's median two-bedroom rent of $2,230 is above the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 1.3% increase in Odenton.
  • While Odenton's rents rose slightly over the past year, many cities nationwide saw more substantial increases, including Columbus (+3.1%), Minneapolis (+1.6%), and Detroit (+1.4%).
  • 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 $1,200 -0.5% 2.5%
Columbia $1,520 $1,900 -0.6% 0.1%
Glen Burnie $1,160 $1,450 -0.3% 0.0%
Towson $1,210 $1,520 -0.1% -2.9%
Annapolis $1,440 $1,800 -0.4% -1.1%
Odenton $1,770 $2,230 0.5% 1.3%
Owings Mills $1,190 $1,500 -0.1% 0.3%
Elkridge $1,430 $1,790 -2.1% 1.3%

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.