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Rent

Wednesday, February 20, 2013

How Does Your Rent Stack Up Against the Laurel Area?

Median rents nearby range from $857 a month to $1,620.

Curious how your rent compares to others in the Laurel area? The website Rich Blocks, Poor Blocks makes it easy to find out. Using data from the American Community Survey, the site displays median rent and income figures by census tract. The Laurel area—the City of Laurel, South Laurel, West Laurel, North Laurel, and Maryland City—is contained by 22 different tracts. The highest median monthly rent in the area—$1,620—can be found in tract 7405, which includes Russett and part of Maryland City. The lowest—$857—is in tract 8002.03, which covers West Laurel. (Note that the figures do not include owner-occupied homes.) The statewide middle range for Maryland—defined as the middle 20 percent of census tracts—runs from $877 to $1,072. Most …

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