The rental market in Annapolis, MD is a vibrant and attractive option for those looking for a place to live in the area. The city is home to a variety of neighborhoods, each offering different amenities and living experiences. Annapolis is a great city for families, with some of the best schools in the state, and a variety of activities and attractions to keep everyone entertained.
Annapolis is home to some of the best elementary, middle, and high schools in the state. The public school system is highly rated, offering a range of opportunities for students to excel academically and to develop socially. The city also offers a variety of private school options, such as St. John’s College High School and Annapolis Area Christian School.
The city of Annapolis is divided into several distinct neighborhoods, each offering a unique experience. The Historic District is the most popular choice for renters, offering a variety of historic homes, cobblestone streets, and classic architecture. Eastport is another popular option, featuring a variety of waterfront homes and other amenities, such as restaurants, parks, and entertainment options. Other neighborhoods to consider include Admiral Heights, Murray Hill, and Annapolis Neck.
The average rental prices of an apartment, townhouse, condo, loft, and single family home in Annapolis, MD vary depending on the size, location, and amenities of the unit. Generally, the average rental prices in the area are as follows:
Apartment: $1,534/month
Townhouse: $2,072/month
Condo: $1,854/month
Loft: $1,672/month
Single Family Home: $2,312/month
Rental prices in Annapolis, MD have increased significantly over the last five years. According to Zillow, the median rent for a one-bedroom apartment in Annapolis was $1,250 in 2016 and increased to $1,450 in 2020, an increase of 16%. The median rent for a two-bedroom apartment in Annapolis was $1,600 in 2016 and increased to $1,895 in 2020, an increase of 19%. The median rent for a three-bedroom apartment in Annapolis was $1,900 in 2016 and increased to $2,350 in 2020, an increase of 24%.
1-Bedroom: The median rental price for a 1-bedroom apartment in Annapolis, MD is $1,395.
2-Bedroom: The median rental price for a 2-bedroom apartment in Annapolis, MD is $1,695.
3-Bedroom: The median rental price for a 3-bedroom apartment in Annapolis, MD is $2,050.
Annapolis, MD is part of Anne Arundel County Public Schools, the fourth-largest school district in the state of Maryland. The district is known for its high academic standards, rigorous curriculum, and innovative educational programs. On average, the Annapolis district spends more per student than the average school district in the United States. Additionally, the district has a lower student-teacher ratio than the national average, as well as a higher graduation rate. According to the U.S. Department of Education, the Annapolis district has a higher percentage of students scoring at or above proficient in math and reading than the national average.
1. Eastport
2. Downtown
3. Eastport Terrace
4. Murray Hill
5. Historic Annapolis
1. Hillsmere Shores
2. Eastport
3. Murray Hill
4. Truxton Heights
5. Germantown/Homewood