Laurel, Maryland is a part of the Laurel Submarket submarket area, and contains 7 zip codes, including: 20707, 20725, 20724, 20708, 20723, and 20709.
The 2019 average effective rent for Class A, B, and C apartments in the Laurel, MD submarket area was $1,564, which is 14.83% higher than 2014 average rent. This represents a compounded annual growth rate of 2.80%. 2019 vacancy in Laurel, MD was 4.60%.
The total population of the city of Laurel, MD has grown 2.42% since 2010. As of 2018, the population was 25,723. The median household income of the Laurel was $75,268, which is 24.84% higher than the national average.
Submarket Area
Avg Rent
Rent Growth
Vacancy
Median Income
Population (2018)
Population Growth
Vs. Nat’l Avg
Zip Codes
Laurel Submarket
$1,564
14.83%
4.60%
$75,268
25,723
2.42%
24.84%
20707 20708 20709 20723 20724 20725 20726
Submarket Area Laurel Submarket
Avg Rent $1,564
Rent Growth 14.83%
Vacancy 4.60%
Median Income $75,268
Population (2018) 25,723
Population Growth 2.42%
Vs. Nat’l Avg 24.84%
Zip Codes 20707 20708 20709 20723 20724 20725 20726
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By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE. By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.