Starting at $995
Total Monthly Price
- Studio - 5 Beds
4646 Graduate Way, College Park, MD 20740
Graduate student housing at the University of Maryland. All inclusive- utilities included. No additional fees!
Discovery House - University of Maryland
Frequently Asked Questions
How much does it cost to rent a home in College Park, MD?
The median rent for a home in College Park, MD is $5,250 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in College Park, MD?
To comfortably afford the median rent in College Park, MD, a household needs to earn roughly $210,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $5,250 per month in College Park, MD, renters typically need to show $15,750 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in College Park, MD?
In College Park, MD, the price-to-rent ratio is 7.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in College Park, MD are best for renting a home?
The best neighborhood for renting in College Park, MD depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Lewisdale, Takoma and Downtown Silver Spring, each with its own character and price range.
