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Rental Market Trends in New Market, MD

What is the average rent in New Market, MD?Choose another area

The average rent in New Market, MD, as of June 2025, is approximately $930 per month for all property types. Rent prices can vary depending on the neighborhood and the type of rental property. Rent prices are influenced by factors like neighborhood popularity, proximity to amenities, and the overall housing market trends in the city.

USA
Market summary

Data is based on rental rates on sulekha.com. Last updated in June  2025.

Average Rental Price Over Time

How much has the average rent changed in New Market, MD?

The average rent for all property types is $930,which is 0% increase compared to the previous year.

  • 2023
  • 2024

Occupied Housing Units in New Market, MD

Property

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    New Market, MDvs
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    $930

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    Neighborhoods Average rent

    Cedarcroft, MD

    $775
    FAQs

    Answers to Your Rental Questions

    We've got answers to your most common questions about rentals, from property listings to pricing trends and everything in between.
    • What is the average rent in New Market, MD?

      The average rent in New Market, MD is around $930 per month. However, this can vary depending on the neighborhood, the size of the rental unit, and the property's condition. For example, rents are typically higher in desirable areas close to amenities and popular destinations. Larger apartments or homes with multiple bedrooms or modern amenities can also be more expensive. Keep these factors in mind when searching for a rental in New Market, MD.

    • How many rentals are available in New Market, MD?

      Currently, there are 42 rental properties available in New Market, MD. This includes a variety of options such as apartments, condos, town homes, single-family homes, single rooms, shared rooms and pg accommodations catering to different budgets and preferences. So, if you're looking for a place to rent in New Market, MD, you have plenty of choices to explore!

    • What are the best neighborhoods to rent in New Market, MD?

      If you're looking for budget-friendly neighborhoods in New Market, MD, consider these options:

      • Cherry Hill: Average rent is $1000 per month.
      • Brighton Village: Average rent is $900 per month.
      • Cedarcroft: Average rent is $775 per month.
      • Deer Park: Average rent is $700 per month.
      These neighborhoods offer rental rates lower than the city's overall average, making them attractive options for renters.

    • What are the most affordable neighborhoods in New Market, MD?

      The most expensive neighborhoods in New Market, MD are:

      • Brighton Village: Average rent is $900 per month.
      • Deer Park: Average rent is $700 per month.
      • Cherry Hill: Average rent is $1000 per month.
      • Cedarcroft: Average rent is $775 per month.

    • How much has the average rent changed in New Market, MD?

      Over the past year, the average rent in New Market, MD have increased by approximately 0%, which translates to $77 per month. This change reflects shifting market trends and evolving housing demand in the area, impacting renters' costs and affordability.

    • How much has the rent in New Market, MD increased or decreased in the last month?

      The Average rent price in New Market, MD for June 2025 is $930, which is $60 less than in May.

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