What's the average rent in Cheltenham, MD?
Rental Market Trends in Cheltenham, MD
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SOURCE: TRULIA DATA
Rental market highlights
As of June 2026, the average rent in Cheltenham, MD is $2,950 per month, which is 51% higher than the national average rent of $1,951 per month.
AVERAGE RENT
$2,950
-25.3%-$1,000 decrease month-over-month
-35.3%-$1,608 decrease year-over-year
AVAILABLE RENTALS
5
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,600 |
| 4 Bedrooms | $2,950 |
| All | $2,950 |
As of June 2026, the average rent for a 3 bedroom rental in Cheltenham, MD is $2,600 per month, followed by $2,950 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,382 |
| 4 Bedrooms | — |
| All | $1,382 |
As of June 2026, the average rent for a 3 bedroom apartment in Cheltenham, MD is $1,382 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,600 |
| 4 Bedrooms | $2,950 |
| All | $2,950 |
As of June 2026, the average rent for a 3 bedroom house in Cheltenham, MD is $2,600 per month, followed by $2,950 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -41% compared to the previous year, which is a $2,050 decrease.
This year (2026)
Last year (2025)
Rent distribution
67% of rentals have rent of $2,200-$2,999/month
Rental price range
The price range for rentals is $1,027 to $5,019.
