RentData

Average Rent in Salisbury, MD↑ Rents rising 3.6% YoY

HUD FY2027 · Official government data · Updated annually · Metro pop. 128,802

Data review: HUD FY2027Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Salisbury, MD has rental prices ranging from $1,095/month to $1,877/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $1,102/month — 21% below the national average of $1,400/month. With a median household income of $69,592/year, spending $1,102/month on a 1-bedroom represents 19% of gross income — within the recommended 30% threshold.

How Salisbury Compares

With an average 2-bedroom rent of $1,428/month, Salisbury ranks #5 most expensive of the 16 cities tracked in Maryland — pricier than 87% of all US cities in our data.

The Salisbury Rental Market

The Salisbury, MD area has a population of about 128,802 and 38% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Salisbury, MD have risen by $50/month (3.6%) over the past year, from $1,378 to $1,428. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Salisbury, MD without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $44,080. The local median household income of $69,592 exceeds that threshold by $25,512, making Salisbury relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Salisbury, MD is $263,312, giving a price-to-rent ratio of 15.4. The break-even point between renting and buying is roughly 15 years — renting offers more flexibility for shorter stays, while buying makes more sense for long-term residents.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Salisbury's neighborhoods. Among the highest-value areas are West Side ($154,954 median home value), Doverdale/Church Street ($172,230 median home value), Camden Avenue ($230,220 median home value). Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Fair Market Rents

HUD FY2027
Studio
$1,095
Affordable
1 Bedroom
$1,102
Affordable
2 Bedrooms
$1,428
↑3.6% YoY
Affordable
3 Bedrooms
$1,870
Average
4 Bedrooms
$1,877
Average
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Median Home Value
$263,312
Source: Zillow ZHVI
Est. monthly payment
$1,401/mo
20% down · 30yr · 7%

Is Salisbury, MD Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$57,120/year
Local median income: $69,592
To buy a median home
$56,058/year
US national median: $75,000
💡 Based on a 2BR rent of $1,428/month and 20% down on a $263,312 home at 7% rate.

Nearby Cities in MDlargest metros in the state

CityStudio1BR2BR3BRHome Value
Baltimore$1,523$1,625$2,006$2,509—
Hagerstown$894$982$1,284$1,714—
St. Mary's County$1,328$1,642$1,787$2,242—
Cumberland$655$747$933$1,226—
Calvert County$1,630$1,666$1,890$2,617—
Allegany County$862$888$1,014$1,383—

Rent or Buy in Salisbury?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Salisbury data

$
Home Value
$263,312
2BR Rent
$1,428/mo
Mortgage Rate
7%
Monthly P&I
$1,401/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $1,939/movs rent: $1,428/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $263,312 home at 7% rate

20% — $52,662
3%50%
Estimated Monthly Payment
$1,401
per month · 30 years · 7% APR
Loan Amount
$210,650
Total Paid
$504,525
Total Interest
$293,875
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Salisbury

Cost of living, job market, crime rates, and moving cost estimates.

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Frequently Asked Questions

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🏘️Neighborhoods in Salisbury

Compare rent & home prices by neighborhood

⚖️Rent vs Buy in Salisbury

Is it cheaper to rent or buy here?

💵Rent Affordability in Salisbury

Salary needed to afford rent here

🗺️All Cities in MD

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⚖️Compare Salisbury

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📋MD Tenant Rights

Deposit limits, eviction laws & renters protections