5 Apartments under 800 for rent in Reisterstown, MD

Last updated June 24 at 1:08am UTC
Results within 10 miles of Reisterstown, MD
5403 PARK HEIGHTS AVENUE
Pimlico
Baltimore, MD
Updated June 24 at 12:03am UTC
1 Bedroom
$500
11223 YORK ROAD
Cockeysville
Cockeysville, MD
Updated June 24 at 12:03am UTC
Studio
$650
6023 Gwynn Oak Ave
Woodlawn
Woodlawn, MD
Updated June 21 at 10:00am UTC
1 Bedroom
$779
4736 Liberty Heights Ave
Howard Park
Baltimore, MD
Updated June 19 at 5:40pm UTC
Studio
$750

June 2018 Reisterstown Rent Report

Welcome to the June 2018 Reisterstown Rent Report. Reisterstown rents remained steady over the past month. In this report, we'll evaluate trends in the Reisterstown rental market, including comparisons to cities throughout the metro, state, and nation.

View full Reisterstown Rent Report
Rent Report
Reisterstown

June 2018 Reisterstown Rent Report

Welcome to the June 2018 Reisterstown Rent Report. Reisterstown rents remained steady over the past month. In this report, we'll evaluate trends in the Reisterstown rental market, including comparisons to cities throughout the metro, state, and nation.

Reisterstown rents declined over the past month

Reisterstown rents have remained steady over the past month, but have decreased moderately by 1.4% year-over-year. Currently, median rents in Reisterstown stand at $1,110 for a one-bedroom apartment and $1,390 for a two-bedroom. Reisterstown's year-over-year rent growth lags the state average of 0.8%, as well as the national average of 1.5%.

Rents rising across the Baltimore Metro

While rent prices have decreased in Reisterstown over the past year, the rest of the metro is seeing the opposite trend. Rents have risen in 7 of the largest 10 cities in the Baltimore metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

  • Annapolis has seen the fastest rent growth in the metro, with a year-over-year increase of 3.7%. The median two-bedroom there costs $1,870, while one-bedrooms go for $1,490.
  • Over the past year, Towson has seen the biggest rent drop in the metro, with a decline of 4.0%. Median two-bedrooms there cost $1,460, while one-bedrooms go for $1,170.
  • Odenton has the most expensive rents of the largest cities in the Baltimore metro, with a two-bedroom median of $2,230; rents grew 0.2% over the past month and 2.3% over the past year.
  • Essex has the least expensive rents in the Baltimore metro, with a two-bedroom median of $1,100; rents were up 0.2% over the past month and 0.8% over the past year.

Many large cities nationwide show more affordable rents compared to Reisterstown

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

  • Reisterstown's median two-bedroom rent of $1,390 is above the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 1.4% decline in Reisterstown.
  • While rents in Reisterstown fell moderately over the past year, many cities nationwide saw increases, including Philadelphia (+1.2%), Columbus (+1.1%), and Detroit (+1.0%).
  • Renters will generally find more expensive prices in Reisterstown than most large cities. For example, Detroit has a median 2BR rent of $890, where Reisterstown 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
Baltimore $950 $1,190 0.9% -0.8%
Columbia $1,510 $1,900 0.3% -0.0%
Glen Burnie $1,170 $1,470 0.4% 0.5%
Ellicott City $1,470 $1,840 0.2% 1.8%
Dundalk $940 $1,180 0.4% 3.3%
Towson $1,170 $1,460 -0.6% -4.0%
Catonsville $1,110 $1,390 1.0% 2.5%
Essex $880 $1,100 0.2% 0.8%
Annapolis $1,490 $1,870 1.9% 3.7%
Odenton $1,780 $2,230 0.2% 2.3%
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.