RentData

Average Rent in St. Mary's County, MD↓ Rents falling 2.5% YoY

HUD FY2027 · Official government data · Updated annually · Metro pop. 114,372

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

Market Overview

St. Mary's County, MD has rental prices ranging from $1,328/month to $2,853/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $1,642/month — 17% above the national average of $1,400/month. With a median household income of $114,580/year, spending $1,642/month on a 1-bedroom represents 17% of gross income — within the recommended 30% threshold.

How St. Mary's County Compares

With an average 2-bedroom rent of $1,787/month, St. Mary's County ranks #4 most expensive of the 16 cities tracked in Maryland — pricier than 95% of all US cities in our data.

The St. Mary's County Rental Market

The St. Mary's County, MD area has a population of about 114,372 and 27% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in St. Mary's County, MD have fallen by $46/month (2.5%) over the past year, from $1,833 to $1,787. This slight decline is consistent with broader market corrections seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in St. Mary's County, MD without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $65,680. The local median household income of $114,580 exceeds that threshold by $48,900, making St. Mary's County relatively accessible compared to local wages.

Fair Market Rents

HUD FY2027
Studio
$1,328
Affordable
1 Bedroom
$1,642
Affordable
2 Bedrooms
$1,787
↓2.5% YoY
Affordable
3 Bedrooms
$2,242
Affordable
4 Bedrooms
$2,853
Affordable
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Is St. Mary's County, 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
$71,480/year
Local median income: $114,580
To buy a median home
—/year
US national median: $75,000
💡 Based on a 2BR rent of $1,787/month and 20% down on a — 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—
Salisbury$1,095$1,102$1,428$1,870—
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 St. Mary's County?

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

Should I Rent or Buy?

Break-even analysis using real St. Mary's County data

$
Home Value
$350,000
2BR Rent
$1,787/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

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

Total monthly buy cost: $2,577/movs rent: $1,787/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in St. Mary's County

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

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Frequently Asked Questions

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🏘️Neighborhoods in St. Mary's County

Compare rent & home prices by neighborhood

💵Rent Affordability in St. Mary's County

Salary needed to afford rent here

🗺️All Cities in MD

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⚖️Compare St. Mary's County

Side-by-side rent & cost of living with any city

📋MD Tenant Rights

Deposit limits, eviction laws & renters protections