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Apartments in Elkton

1 - 4 of 4 Results
5
$630 - 742
Gardens at Chesapeake
5.0
1000 Abbott Drive Elkton, MD
1 - 2 BR | Ask for Availability
Contact
Fitness Center
11
$ Ask - 930
Pine Hill Apartments
367 Fletchwood Road #c25 Elkton, MD
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
35
$1,115 - 1,415
Meadows At Elk Creek
Deal
439 Muddy Lane Elkton, MD
2 - 3 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Luxury
Section 8
10
$483 - 791
Birchwood At Elkton
145 East High Street Elkton, MD
1 BR | Ask for Availability
Cat Friendly
Senior Community
Income Restricted
Section 8
Air Conditioning
1 - 4 of 4 Results
  1. Home
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How much does it cost to rent an apartment in Elkton?

Elkton Apartments
Bed Type Average Rent Range
1BR $630 $630 - $630
2BR $910 $700 - $1,120
3BR $1,420 $1,420 - $1,420
Frequently Asked Questions

How many apartments are available in Elkton, MD on Rentable.co?

Rentable.co has over 424 apartments available in Elkton.

What is the average rent for a one-bedroom apartment in Elkton, MD?

The average rent for a one-bedroom apartment in Elkton is around $630 per month.

What is the average rent for a two-bedroom apartment in Elkton, MD?

The average rent for a two-bedroom apartment in Elkton is around $910 per month.

How expensive is it to rent an apartment in Elkton, MD?

For a two-bedroom apartment in Elkton, the average rent price is $910 per month, which is lower than the national average of $1,630 per month.

Can I afford an apartment for rent in Elkton, MD?

Based on average rent prices in Elkton, to afford a one-bedroom apartment you would need an annual household income of $25,000 to live comfortably.

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Elkton:
April Rent Report

Welcome to the April 2024 Elkton Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Elkton rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Elkton and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Elkton average rent prices in the chart below.

Monthly Rent Report

$1,300
$980
$650
$330
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Elkton Rent Prices Decrease From March to April

Elkton rent prices decreased over the last month. From March to April, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Elkton one-bedroom apartments currently stands at $725.0.

When we take a look at the two-bedroom comparison from March to April, Elkton experienced a 0.0% decrease for the price of a two-bedroom apartment. The rent price for a Elkton two-bedroom apartments currently stands at $1,115.0.

April Prices: Elkton vs. Surrounding Areas

Rent Prices in Elkton and Surrounding Areas

Rent prices have decreased in Elkton over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Elkton suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Elkton suburbs

  • Rents did not decrease in any of the Elkton suburbs.

April 2024 Pricing Trends: Elkton vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Elkton Rent Prices More Affordable Than Major Cities

Rent growth in Elkton over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Elkton average rent prices appear to be relatively affordable for local residents.

The price for a Elkton one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Elkton and surrounding area rent prices, take a look at the complete data set below.

Data set for Elkton and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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