Maryland's Rental Market Trends: What to Expect in 2025

As we look toward 2025, Maryland's rental market continues to show resilience and growth across all major counties. Recent data analysis and emerging economic indicators point to several key trends that will shape rental opportunities for both property owners and tenants in the coming year.

Executive Summary: 2025 Outlook

Maryland's rental market is positioned for continued growth in 2025, with average rent increases projected between 4.7% and 5.1% across major counties. Supply constraints, sustained job growth, and demographic shifts continue to drive demand, while new legislative measures will impact both landlords and tenants.

Key Highlights for 2025:
- Average rent increases of 4.7% - 5.1% across Maryland counties
- Vacancy rates expected to remain below 4% in most areas
- Suburban markets continue to outperform urban centers
- New tenant protection laws take effect July 2025
- Corporate relocations driving demand in Montgomery and Howard counties

Looking Ahead: Long-term Outlook

The Maryland rental market shows strong fundamentals for sustained growth beyond 2025. Key factors supporting this outlook include:

• Continued population growth and job market expansion
• Ongoing housing affordability challenges driving rental demand
• Infrastructure investments improving regional connectivity
• Stable state and local government employment base

However, property owners should remain vigilant about changing regulations, economic conditions, and tenant preferences to maximize their investment returns.