What is the median rent in Towson, MD?

The median gross rent in Towson, MD is $1,764 (±$42) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 10,085 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Towson, the median gross rent went from $1,438 in 2015–2019 to $1,764 in 2020–2024 (+22.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median gross rent
$1,764 (±$42)
Rented homes
10,085 (±687)
$2,000 or more
31.0%
Since 2015–2019
+22.7%

How much rent costs in Towson

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentTowsonBaltimore CountyMarylandUnited States
Less than $5005.1% (±2.2 points)2.9%5.5%6.3%
$500 to $9994.9% (±2.8 points)7.1%9.2%20.2%
$1,000 to $1,49918.8% (±3.6 points)30.8%22.9%28.1%
$1,500 to $1,99940.2% (±4.7 points)36.1%30.1%21.1%
$2,000 to $2,49918.6% (±3.3 points)15.0%18.3%12.0%
$2,500 to $2,9998.4% (±2.9 points)4.8%7.7%5.5%
$3,000 or more4.0% (±1.5 points)3.4%6.2%6.8%

The most common range is $1,500 to $1,999, paid by 40.2% of renting households.

31.0% of rented homes in Towson cost $2,000 or more a month.

Towson against Baltimore County, its state and the nation

Estimate (90% margin of error)
TowsonBaltimore CountyMarylandUnited States
Median gross rent$1,764 (±$42)$1,627 (±$17)$1,705 (±$8)$1,413
Rented homes paying rent10,085 (±687)109,114 (±2,172)739,486 (±6,659)42,849,984

In Towson, median gross rent is higher than in Baltimore County ($1,627).

It is also higher than in Maryland ($1,705).

It is higher than the national figure ($1,413).

In Baltimore County, Towson ranks 7 of 31 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 161 of 342.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Towson has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$1,438 (±$27)$1,764 (±$42)+22.7%No measurable change after inflation
Households that rent42.6% (±1.3 points)44.4% (±2.2 points)+1.8 percentage pointsNot a measurable change
Rental vacancy rate9.5% (±2.9 points)7.7% (±2.4 points)−1.8 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Towson

Nearest places with a published estimate, compared with Towson
PlaceDistanceMedian gross rentCompared with this place
Towson—$1,764 (±$42)—
Lutherville2.1 mi$1,423 (±$54)Lower
Parkville3.6 mi$1,526 (±$82)Lower
Timonium3.7 mi$1,836 (±$121)Not measurably different
Mays Chapel4.0 mi$1,739 (±$110)Not measurably different
Pikesville4.4 mi$1,707 (±$83)Not measurably different
Carney5.1 mi$1,793 (±$63)Not measurably different
Overlea5.7 mi$1,473 (±$174)Lower
Cockeysville5.8 mi$1,603 (±$56)Lower

Nearby places with a measurably lower figure: Lutherville, MD ($1,423), Parkville, MD ($1,526), Overlea, MD ($1,473).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Baltimore County, place by place

RankPlaceMedian gross rent
1Honeygo$2,500 (±$1,733)
2White Marsh$1,982 (±$145)
3Garrison$1,952 (±$146)
4Owings Mills$1,841 (±$50)
5Timonium$1,836 (±$121)
6Carney$1,793 (±$63)
7Towson$1,764 (±$42)
8Bowleys Quarters$1,747 (±$65)
9Mays Chapel$1,739 (±$110)
10Catonsville$1,724 (±$89)
11Pikesville$1,707 (±$83)
12Perry Hall$1,706 (±$87)
13Rossville$1,667 (±$105)

Showing 13 of 31 places in Baltimore County, ranked from highest to lowest.

Towson is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Towson

What is the average rent in Towson, MD?

The Census Bureau publishes the median rather than the average: the median gross rent in Towson is $1,764 (±$42) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Towson?

In Towson, the median gross rent went from $1,438 in 2015–2019 to $1,764 in 2020–2024 (+22.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Towson cost more than $2,000 a month?

31.0% of rented homes in Towson have a gross rent of $2,000 or more a month, and 5.1% cost less than $500.

Is rent in Towson higher than in Baltimore County?

In Towson, median gross rent is higher than in Baltimore County ($1,627).

It is also higher than in Maryland ($1,705).

It is higher than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Towson CDP, Maryland (place:78425, in state:24).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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