Anne Arundel County Maryland Residential Rent and Rental Statistics
The median monthly gross residential rent in Anne Arundel County MD was $1,696 in 2019 according to the Census ACS survey.1 Average gross rent in Anne Arundel County was $1,625 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Anne Arundel County median and average rent data will be released in September of 2021.
Data is also available below for Anne Arundel County rental vacancy rates, Anne Arundel County rent as a percent of median income and the fraction of renters in Anne Arundel County.
Real Gross Rent in Anne Arundel County Maryland (2019 dollars)2
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US Median Gross Rent | $1,097 | +1.86% | +6.82% |
Maryland Median Gross Rent | $1,401 | +0.36% | +1.82% |
Anne Arundel County MD Median Gross Rent | $1,696 | +4.43% | +4.76% |
Anne Arundel County MD Real Gross Rent Trends
At $1,696, real median gross rent in Anne Arundel County was at its highest level in 2019 since the series began in 2005. At $1,625, real average gross rent in Anne Arundel County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Anne Arundel County MD Median, Anne Arundel County MD Average, Maryland Median, US Median
Real Gross Rent History for Anne Arundel County
Date | US Median |
Maryland Median |
Anne Arundel County MD Median |
Anne Arundel County MD Average |
---|---|---|---|---|
2019 | $1,097 | $1,401 | $1,696 | $1,625 |
2018 | $1,077 | $1,396 | $1,624 | $1,594 |
2017 | $1,043 | $1,379 | $1,616 | $1,563 |
2016 | $1,027 | $1,376 | $1,619 | $1,586 |
2015 | $1,017 | $1,356 | $1,649 | $1,537 |
2014 | $986 | $1,311 | $1,542 | $1,500 |
2013 | $953 | $1,274 | $1,609 | $1,539 |
2012 | $940 | $1,245 | $1,498 | $1,489 |
2011 | $941 | $1,245 | $1,481 | $1,431 |
2010 | $955 | $1,264 | $1,532 | $1,505 |
2009 | $960 | $1,263 | $1,544 | $1,495 |
2007 | $927 | $1,175 | $1,404 | $1,376 |
2005 | $910 | $1,114 | $1,320 | $1,230 |
Anne Arundel County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Anne Arundel County Maryland was 6.46% according to Census ACS data.
Rental Vacancy Rate in Anne Arundel County Maryland
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Maryland | 6.29% | -0.27% | +0.75% |
Anne Arundel County MD | 6.46% | +1.84% | +0.69% |
Trends in Anne Arundel County MD Rental Vacancy Rate
The rental vacancy rate in Anne Arundel County peaked in 2017 at 7.40%. Since then it has fallen by 0.94% to 6.46%. Data records for this series originated in 2005.
Rental Vacancy Rate: Anne Arundel County MD, Maryland, US
Historical Rental Vacancy Rate data for Anne Arundel County
Date | US | Maryland | Anne Arundel County MD |
---|---|---|---|
2019 | 5.97% | 6.29% | 6.46% |
2018 | 6.15% | 6.56% | 4.62% |
2017 | 6.18% | 5.94% | 7.40% |
2016 | 5.89% | 5.54% | 5.77% |
2015 | 5.85% | 5.65% | 5.03% |
2014 | 6.32% | 6.83% | 4.73% |
2013 | 6.49% | 6.96% | 4.03% |
2012 | 6.77% | 6.99% | 4.31% |
2011 | 7.40% | 7.10% | 5.59% |
2010 | 8.17% | 7.53% | 6.07% |
2009 | 8.43% | 9.09% | 4.98% |
2007 | 7.87% | 8.78% | 7.05% |
2005 | 7.74% | 6.14% | 4.16% |
Rent as a Fraction of Income
Using median household income data for Anne Arundel County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Anne Arundel County, median monthly gross rent as a fraction of median household income was 20.12% in 2019 according to the ACS.
Anne Arundel County Maryland Median Annual Rent as a Fraction of Median Household Income
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 20.03% | -0.47% | -0.40% |
Maryland | 19.38% | -0.38% | -0.59% |
Anne Arundel County MD | 20.12% | +0.55% | +0.89% |
Trends in Anne Arundel County MD Rent as a Fraction of Income
The fraction of median Anne Arundel County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2005 series origin) at 21.26%. Since then it has fallen by 1.14% to 20.12%.
Fraction of Income towards Rent: Anne Arundel County MD, Maryland, US
Historical Data for Annual Rent as a Fraction of Income in Anne Arundel County Maryland
Date | US | Maryland | Anne Arundel County MD |
---|---|---|---|
2019 | 20.03% | 19.38% | 20.12% |
2018 | 20.50% | 19.76% | 19.57% |
2017 | 20.13% | 19.86% | 19.37% |
2016 | 20.43% | 19.97% | 19.23% |
2015 | 20.63% | 20.22% | 20.44% |
2014 | 20.89% | 20.15% | 20.10% |
2013 | 20.78% | 20.03% | 21.26% |
2012 | 20.65% | 19.74% | 18.95% |
2011 | 20.70% | 19.76% | 19.55% |
2010 | 20.50% | 19.71% | 20.20% |
2009 | 20.12% | 19.19% | 20.25% |
2007 | 18.66% | 17.63% | 17.84% |
2005 | 18.89% | 17.36% | 17.61% |
Renter Fraction in Anne Arundel County Maryland
You can calculate the renter fraction in Anne Arundel County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Anne Arundel County as a fraction of total Anne Arundel County households. In 2019 26.07% of households were renters according to Census ACS data.
Anne Arundel County Fraction of Renters by Household Units
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 35.89% | -0.16% | -0.99% |
Maryland | 33.17% | +0.08% | -0.94% |
Anne Arundel County MD | 26.07% | +0.01% | -0.08% |
Trends in the Anne Arundel County MD Renter Fraction
The Anne Arundel County household renter fraction peaked in in 2015 at 27.14% and is now 1.07% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Anne Arundel County MD, Maryland, US
History of Anne Arundel County Renter Fraction
Date | US | Maryland | Anne Arundel County MD |
---|---|---|---|
2019 | 35.89% | 33.17% | 26.07% |
2018 | 36.05% | 33.09% | 26.06% |
2017 | 36.13% | 33.29% | 24.65% |
2016 | 36.88% | 34.11% | 26.15% |
2015 | 36.97% | 34.06% | 27.14% |
2014 | 36.90% | 34.11% | 25.91% |
2013 | 36.50% | 33.53% | 26.06% |
2012 | 36.09% | 33.54% | 26.09% |
2011 | 35.42% | 32.66% | 25.83% |
2010 | 34.65% | 32.96% | 25.73% |
2009 | 34.13% | 31.44% | 25.19% |
2007 | 32.80% | 30.08% | 23.66% |
2005 | 33.10% | 31.02% | 23.95% |
1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability. ↩
2. Real dollars are calculated using the CPI-U less shelter series. ↩
3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied. ↩