22 Apartments under 1200 for rent in Towson, MD

Last updated January 18 at 3:10pm UTC
Results within 1 miles of Towson, MD
1820 Deveron Road
Parkville
Parkville, MD
Updated January 3 at 3:38pm UTC
2 Bedrooms
$1,100
6111 YORK ROAD
Lake Walker
Baltimore, MD
Updated January 5 at 12:55pm UTC
2 Bedrooms
$800
529 DUNKIRK ROAD
Anneslie
Baltimore, MD
Updated January 4 at 12:52pm UTC
1 Bedroom
$1,100
205 JOPPA ROAD
Northeast Towson
Towson, MD
Updated January 3 at 12:00pm UTC
1 Bedroom
$1,175
101 DUMBARTON ROAD
Baltimore
Baltimore, MD
Updated January 3 at 11:59am UTC
1 Bedroom
$1,143
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.

January 2018 Towson Rent Report

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

View full Towson Rent Report
Rent Report
Towson

January 2018 Towson Rent Report

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

Towson rents declined over the past month

Towson rents have declined 1.3% over the past month, and have decreased significantly by 3.7% in comparison to the same time last year. Currently, median rents in Towson stand at $1,190 for a one-bedroom apartment and $1,500 for a two-bedroom. This is the fifth straight month that the city has seen rent decreases after an increase in July. Towson's year-over-year rent growth lags the state average of 1.5%, as well as the national average of 2.8%.

Rents rising across the Baltimore Metro

While rent prices have decreased in Towson over the past year, the rest of the metro is seeing the opposite trend. Rents have risen in 8 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.

  • Dundalk has seen the fastest rent growth in the metro, with a year-over-year increase of 3.6%. The median two-bedroom there costs $1,180, while one-bedrooms go for $940.
  • Over the past year, Towson has seen the biggest rent drop in the metro, with a decline of 3.7%. Median two-bedrooms there cost $1,500, while one-bedrooms go for $1,190.
  • Essex has the least expensive rents in the Baltimore metro, with a two-bedroom median of $1,090; rents were up 2.0% over the past year but remained flat month-over-month.
  • Odenton has the most expensive rents of the largest cities in the Baltimore metro, with a two-bedroom median of $2,200; rents decreased 1.0% over the past month but were up 2.0% over the past year.

Many large cities nationwide show more affordable rents compared to Towson

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

  • Towson's median two-bedroom rent of $1,500 is above the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 3.7% decline in Towson.
  • While rents in Towson fell significantly over the past year, many cities nationwide saw increases, including Columbus (+2.5%), Boston (+1.9%), and Minneapolis (+1.5%).
  • Renters will generally find more expensive prices in Towson than most large cities. For example, Detroit has a median 2BR rent of $890, where Towson 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 $960 $1,200 -0.2% 2.0%
Columbia $1,500 $1,890 -0.4% 0.3%
Glen Burnie $1,150 $1,440 0.1% -0.2%
Ellicott City $1,450 $1,820 -0.3% 2.0%
Dundalk $940 $1,180 -0.4% 3.6%
Towson $1,190 $1,500 -1.3% -3.7%
Catonsville $1,080 $1,360 -0.3% 2.0%
Essex $870 $1,090 -0.0% 2.0%
Annapolis $1,450 $1,820 0.9% 0.4%
Odenton $1,760 $2,200 -1.0% 2.0%
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.