States › Maryland › South Laurel

Is South Laurel, MD expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,9149% higher than U.S. average
💵 Families earn per year (2026)$95,914about $7,993/month · 10% higher than U.S. average
🔑 House price$458,10038% higher than U.S. average

Rent is higher than in 64% of U.S. cities. A typical house costs about 4.8 years of household income. Commutes are long, about 32.5 minutes each way. Most households rent (59%), so there are plenty of rental options.

How much money do I need?

To rent here comfortably, you should earn about $76,560 a year. That is $37 an hour at a full-time job.

Is rent cheaper than other Maryland cities?

Yes. Rent here is cheaper than in most of Maryland. It is number 85 of 200 cities from cheapest to most expensive.

South Laurel
$1,914
$2,566
$1,809
$2,358
$1,944

How much do households earn in South Laurel?

Under $25k
7.0%
$25k–50k
20.5%
$50k–100k
35.9%
$100k–150k
18.6%
$150k+
13.9%

Share of households by yearly income. 32.5% of households earn $100,000 or more.

Rent by apartment size in South Laurel

SizeSouth LaurelU.S. average
Studio$1,806$1,338
1 bedroom$1,776$1,324
2 bedrooms$1,938$1,509
3 bedrooms$2,382$1,698
4 bedrooms$2,948$2,098

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

How expensive is South 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 South Laurel, so the Maryland figure is shown.

Taxes and bills in South Laurel

🏛️ Property tax$5,340a year · 1.17% of home value · U.S. $3,119
⚡ Electric bill$135a month (typical) · U.S. $156

Life in South Laurel

Commute to work32.5 minU.S.: 26.4 min
College degree40.2%U.S.: 35.7%
Own their home40.7%U.S.: 65.2%
Below poverty line11.8%U.S.: 12.5%
Unemployment6.7%U.S.: 5.2%

Is it cheaper to rent or buy in South Laurel?

Renting is cheaper right now: about $1,265 a month less.

Renting
$1,914
Owning
$3,179

Owning assumes a typical $458,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $45,810 for the down payment.

Frequently asked questions

What is the average rent in South Laurel, MD?

Renting in South Laurel costs a median of about $1,914 a month in 2026, including utilities. The Maryland median is $2,010.

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

To keep rent under 30% of income, you need about $76,560 a year, or $37 an hour at a full-time job.

Is South Laurel cheap or expensive?

South Laurel is rated OK: rent takes 23.9% of the typical household income of $95,914. It ranks 85th cheapest of 200 Maryland cities we track.

How much are property taxes in South Laurel?

The median homeowner in South Laurel pays $5,340 a year in property taxes, about 1.17% of the median home value.

Is South 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 South Laurel?

The median home value in South Laurel is $458,100, about 4.8 times the typical yearly household income.

29,272 people live in South Laurel. Numbers are typical (middle) values.