States › Maryland › North Laurel

Is North Laurel, MD expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,29231% higher than U.S. average
💵 Families earn per year (2026)$132,600about $11,050/month · 52% higher than U.S. average
🔑 House price$450,10035% higher than U.S. average

Rent is higher than in 79% of U.S. cities. A typical house costs about 3.4 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $91,680 a year. That is $44 an hour at a full-time job.

Is rent cheaper than other Maryland cities?

No. Rent here is more expensive than in most of Maryland. It is number 136 of 200 cities from cheapest to most expensive.

North Laurel
$2,292
Reisterstown
$1,838
Fort Washington
$3,304
Edgewood
$1,483
Fairland
$1,899
Elkridge
$2,511
Ballenger Creek
$2,213

How much do households earn in North Laurel?

Under $25k
2.8%
$25k–50k
12.4%
$50k–100k
33.6%
$100k–150k
22.0%
$150k+
26.8%

Share of households by yearly income. 48.9% of households earn $100,000 or more.

Rent by apartment size in North Laurel

SizeNorth LaurelU.S. average
1 bedroom$1,780$1,324
2 bedrooms$2,209$1,509
3 bedrooms$2,459$1,698
4 bedrooms$3,001$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is North Laurel overall?

Everyday prices in Maryland overall are 5% above the U.S. average (index 105.0, U.S. = 100).

Housing
121
Goods (food, clothes…)
103
Utilities
111
Other services
102
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for North Laurel, so the Maryland figure is shown.

Taxes and bills in North Laurel

🏛️ Property tax$5,554a year · 1.23% of home value · U.S. $3,119
⚡ Electric bill$161a month (typical) · U.S. $156

Life in North Laurel

Commute to work27.7 minU.S.: 26.4 min
College degree53.5%U.S.: 35.7%
Own their home62.3%U.S.: 65.2%
Below poverty line4.7%U.S.: 12.5%
Unemployment2.2%U.S.: 5.2%

Is it cheaper to rent or buy in North Laurel?

Renting is cheaper right now: about $831 a month less.

Renting
$2,292
Owning
$3,123

Owning assumes a typical $450,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $45,010 for the down payment.

Frequently asked questions

What is the average rent in North Laurel, MD?

Renting in North Laurel costs a median of about $2,292 a month in 2026, including utilities. The Maryland median is $2,010.

How much do I need to make to live in North Laurel?

To keep rent under 30% of income, you need about $91,680 a year, or $44 an hour at a full-time job.

Is North Laurel cheap or expensive?

North Laurel is rated OK: rent takes 20.7% of the typical household income of $132,600. It ranks 136th cheapest of 200 Maryland cities we track.

How much are property taxes in North Laurel?

The median homeowner in North Laurel pays $5,554 a year in property taxes, about 1.23% of the median home value.

Is North Laurel more expensive than the national average?

Overall prices in Maryland are 5% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in North Laurel?

The median home value in North Laurel is $450,100, about 3.4 times the typical yearly household income.

25,563 people live in North Laurel. Numbers are typical (middle) values.