Lanham-Seabrook renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Lanham-Seabrook is about $2,148 per month. This puts it in the 94th percentile compared to the city average cost of rent, which is $1,750. Households in Lanham-Seabrook have a median income of $7,028 per month so the average renter in Lanham-Seabrook is spending roughly 31% of their earnings on housing.
Nationally, and in Lanham-Seabrook, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lanham-Seabrook is $318,163 right now, which is lower than nearby neighborhoods, meaning that rents in Lanham-Seabrook also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northeastern parts of Lanham-Seabrook while lower rent rates are often available in southern areas.
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