Severna Park / Arnold, MD
August 2026
21012,21146
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,939 – $2,067 | 3.96% | 4.52% |
| 2-Bedroom | $2,311 – $2,463 | 3.99% | 3.75% |
| 3-Bedroom | $2,806 – $2,929 | 0.42% | 0.15% |
| 4-Bedroom | $3,223 – $3,293 | 0.35% | -0.85% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,869 – $1,965 | 1.17% | 1.24% |
| 2-Bedroom | $2,296 – $2,413 | 1.06% | 1.18% |
| 3-Bedroom | $2,735 – $2,904 | -0.82% | -1.77% |
| 4-Bedroom | $3,020 – $3,252 | -4.08% | -4.41% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,788 – $1,875 | -1.26% | -0.84% |
| 2-Bedroom | $2,317 – $2,435 | 3.56% | 2.76% |
| 3-Bedroom | $2,932 – $3,113 | -0.75% | -1.01% |
| 4-Bedroom | $3,419 – $3,667 | -0.75% | -1.46% |
Within Severna Park / Arnold (21012, 21146), 2-bedroom apartment median rents jumped 3.99% month-over-month to $2,387 in August 2026. This segment also posted a 3.75% year-over-year increase, marking notable upward momentum for multi-bedroom apartments across the submarket.
In August, 4-bedroom condo/townhome units in Severna Park / Arnold (21012, 21146) saw rents decline by 4.09% month-over-month, settling at a median of $3,136. This was the largest monthly decrease among all tracked property segments across the area.
Compared to condo/townhomes, 3-bedroom apartments maintained a pricing advantage in August: Severna Park / Arnold (21012, 21146) rental trends reveal a median of $2,893 for apartments versus $2,820 for condos—a $73 premium. Both segments saw limited monthly change, but apartments held stronger pricing.