{
  "schema_version": "1.0",
  "submarket": {
    "slug": "elkridge-laurel-md",
    "name": "Elkridge / Laurel",
    "state": "MD",
    "city": "LAUREL",
    "cbsa": "Baltimore-Columbia-Towson",
    "zip_codes": [
      "20723"
    ]
  },
  "report": {
    "yearmonth": "202608",
    "month_label": "August 2026",
    "first_published_at": "2026-10-02T22:10:11.657Z",
    "last_updated_at": "2026-10-02T22:10:30.137Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1788,
        "low": 1731,
        "high": 1845,
        "mom_pct": 14.809999999999999,
        "yoy_pct": -3.4
      },
      "2br": {
        "median": 2144,
        "low": 2069,
        "high": 2219,
        "mom_pct": 4.71,
        "yoy_pct": -7
      },
      "3br": {
        "median": 2932,
        "low": 2844,
        "high": 3020,
        "mom_pct": 1.3800000000000001,
        "yoy_pct": -2.43
      },
      "4br": {
        "median": 3310,
        "low": 3226,
        "high": 3347,
        "mom_pct": -0.06,
        "yoy_pct": -1.46
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1571,
        "low": 1508,
        "high": 1634,
        "mom_pct": -10.6,
        "yoy_pct": -13.7
      },
      "2br": {
        "median": 2256,
        "low": 2199,
        "high": 2312,
        "mom_pct": -3.5400000000000005,
        "yoy_pct": -0.81
      },
      "3br": {
        "median": 3093,
        "low": 2954,
        "high": 3232,
        "mom_pct": 6.42,
        "yoy_pct": 2.42
      },
      "4br": {
        "median": 3367,
        "low": 3266,
        "high": 3468,
        "mom_pct": -2.88,
        "yoy_pct": -2.03
      }
    },
    "single_family": {
      "1br": {
        "median": 1848,
        "low": 1802,
        "high": 1880,
        "mom_pct": 1.72,
        "yoy_pct": 0.27
      },
      "2br": {
        "median": 2258,
        "low": 2202,
        "high": 2295,
        "mom_pct": 3.6300000000000003,
        "yoy_pct": 0.7600000000000001
      },
      "3br": {
        "median": 3018,
        "low": 2928,
        "high": 3109,
        "mom_pct": 4.59,
        "yoy_pct": -2.41
      },
      "4br": {
        "median": 3598,
        "low": 3500,
        "high": 3724,
        "mom_pct": -1.16,
        "yoy_pct": -1.9099999999999997
      }
    }
  },
  "vacancy": 3.5268,
  "days_on_market": {
    "apartment": 29,
    "condo_townhome": 29,
    "single_family": 28
  },
  "ai_summary": [
    {
      "headline": "1BR apartments surge 14.8% to $1,788",
      "body": "In the Elkridge / Laurel (20723) rental market, 1-bedroom apartments climbed sharply in August 2026, with median rent reaching $1,788 after a 14.8% month-over-month jump. Despite this increase, the year-over-year change was negative at -3.4%, suggesting recent momentum may be a correction following prior declines."
    },
    {
      "headline": "3BR condos outperform apartments by $161",
      "body": "While median rent for 3-bedroom condos/townhomes in Elkridge / Laurel (20723) hit $3,093, apartments with the same bedroom count lagged behind at $2,932—a difference of $161. Additionally, condos registered a 6.42% month-over-month gain versus apartments’ 1.38%, positioning the condo segment as the stronger performer."
    },
    {
      "headline": "4BR single-family rents post $3,598, down 1.9% YoY",
      "body": "Elkridge / Laurel (20723) rental trends show 4-bedroom single-family homes commanding $3,598 in median rent for August, marking a -1.9% year-over-year decline. This segment remains the priciest among 4-bedroom options, outpacing both apartments and condos and attracting renters seeking larger residences."
    }
  ],
  "summary": {
    "canonical": [
      "As of August 2026, rental prices in Elkridge / Laurel, MD range from $1,571 to $3,598 per month depending on property type and bedroom count.",
      "The largest year-over-year increase was for 3BR condo/townhome units, which rose 2.42%.",
      "For 2-bedroom homes, single-family units rent at $2,258 while apartments are slightly lower at $2,144."
    ],
    "qa": [
      {
        "question": "What is the current rent range for apartments, condos/townhomes, and single-family homes in Elkridge / Laurel, MD?",
        "answer": "In Elkridge / Laurel, MD as of August 2026, rents range from $1,571 for a 1BR condo/townhome up to $3,598 for a 4BR single-family home."
      },
      {
        "question": "Which property type and bedroom count had the largest annual rent growth in Elkridge / Laurel, MD, and is this trend seen across all bedrooms for that type?",
        "answer": "The biggest year-over-year gain was seen in 3-bedroom condo/townhomes, with a 2.42% increase, but other condo/townhome bedroom counts saw mostly flat or declining rents, so the growth was concentrated in that one segment."
      },
      {
        "question": "Is there an outlier or unusual rent change in the Elkridge / Laurel, MD rental market data for August 2026?",
        "answer": "The most dramatic outlier is the 1-bedroom apartment segment, which saw a 14.81% month-over-month increase from July to August 2026."
      },
      {
        "question": "What is the price difference between apartments and condos/townhomes for the same bedroom count in Elkridge / Laurel, MD?",
        "answer": "For 1BR rentals, apartments are $217 more expensive than condos/townhomes ($1,788 vs $1,571), while for 2BRs, apartments are $112 less expensive at $2,144 compared to $2,256 for condos/townhomes."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202608",
      "month_label": "August 2026",
      "rents": {
        "apartment": {
          "1br": 1788,
          "2br": 2144,
          "3br": 2932,
          "4br": 3310
        },
        "condo_townhome": {
          "1br": 1571,
          "2br": 2256,
          "3br": 3093,
          "4br": 3367
        },
        "single_family": {
          "1br": 1848,
          "2br": 2258,
          "3br": 3018,
          "4br": 3598
        }
      }
    },
    {
      "yearmonth": "202607",
      "month_label": "July 2026",
      "rents": {
        "apartment": {
          "1br": 1557,
          "2br": 2047,
          "3br": 2892,
          "4br": 3312
        },
        "condo_townhome": {
          "1br": 1757,
          "2br": 2338,
          "3br": 2906,
          "4br": 3467
        },
        "single_family": {
          "1br": 1817,
          "2br": 2179,
          "3br": 2886,
          "4br": 3640
        }
      }
    },
    {
      "yearmonth": "202606",
      "month_label": "June 2026",
      "rents": {
        "apartment": {
          "1br": 1597,
          "2br": 2252,
          "3br": 2939,
          "4br": 3307
        },
        "condo_townhome": {
          "1br": 1731,
          "2br": 2212,
          "3br": 3119,
          "4br": 3221
        },
        "single_family": {
          "1br": 1826,
          "2br": 2097,
          "3br": 2918,
          "4br": 3789
        }
      }
    },
    {
      "yearmonth": "202605",
      "month_label": "May 2026",
      "rents": {
        "apartment": {
          "1br": 1584,
          "2br": 2099,
          "3br": 2944,
          "4br": 3277
        },
        "condo_townhome": {
          "1br": 1741,
          "2br": 2234,
          "3br": 3026,
          "4br": 3282
        },
        "single_family": {
          "1br": 1805,
          "2br": 2223,
          "3br": 3064,
          "4br": 3574
        }
      }
    },
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1575,
          "2br": 2117,
          "3br": 2670,
          "4br": 3246
        },
        "condo_townhome": {
          "1br": 1762,
          "2br": 2354,
          "3br": 2908,
          "4br": 3348
        },
        "single_family": {
          "1br": 1853,
          "2br": 2178,
          "3br": 2985,
          "4br": 3548
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1571,
          "2br": 2162,
          "3br": 2697,
          "4br": 3217
        },
        "condo_townhome": {
          "1br": 1763,
          "2br": 2185,
          "3br": 2845,
          "4br": 3206
        },
        "single_family": {
          "1br": 1775,
          "2br": 2167,
          "3br": 2969,
          "4br": 3541
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1623,
          "2br": 2182,
          "3br": 2769,
          "4br": 3245
        },
        "condo_townhome": {
          "1br": 1728,
          "2br": 2229,
          "3br": 2896,
          "4br": 3190
        },
        "single_family": {
          "1br": 1776,
          "2br": 2168,
          "3br": 2963,
          "4br": 3532
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1748,
          "2br": 2111,
          "3br": 2821,
          "4br": 3276
        },
        "condo_townhome": {
          "1br": 1743,
          "2br": 2200,
          "3br": 2898,
          "4br": 3224
        },
        "single_family": {
          "1br": 1791,
          "2br": 2189,
          "3br": 2990,
          "4br": 3556
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1817,
          "2br": 2087,
          "3br": 2894,
          "4br": 3317
        },
        "condo_townhome": {
          "1br": 1748,
          "2br": 2241,
          "3br": 2963,
          "4br": 3278
        },
        "single_family": {
          "1br": 1812,
          "2br": 2204,
          "3br": 3016,
          "4br": 3604
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1782,
          "2br": 2141,
          "3br": 2933,
          "4br": 3344
        },
        "condo_townhome": {
          "1br": 1786,
          "2br": 2289,
          "3br": 2977,
          "4br": 3274
        },
        "single_family": {
          "1br": 1828,
          "2br": 2225,
          "3br": 3048,
          "4br": 3638
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1807,
          "2br": 2176,
          "3br": 2920,
          "4br": 3370
        },
        "condo_townhome": {
          "1br": 1798,
          "2br": 2274,
          "3br": 2990,
          "4br": 3306
        },
        "single_family": {
          "1br": 1841,
          "2br": 2241,
          "3br": 3073,
          "4br": 3660
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1774,
          "2br": 2278,
          "3br": 2999,
          "4br": 3363
        },
        "condo_townhome": {
          "1br": 1815,
          "2br": 2304,
          "3br": 3056,
          "4br": 3352
        },
        "single_family": {
          "1br": 1845,
          "2br": 2247,
          "3br": 3074,
          "4br": 3673
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/elkridge-laurel-md/",
    "self": "https://data.estaite.com/feeds/elkridge-laurel-md.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}