$3,150 Per Month
- 4 Beds
- 3.5 Baths
- 2,520 Sq Ft
- Townhouse for Rent
4550 Tinder Box Cir, Monrovia, MD 21770
4550 Tinder Box Cir, Monrovia, MD 21770
Frequently Asked Questions
How much does it cost to rent a townhouse in Monrovia, MD?
The median rent for a townhouse in Monrovia, MD is $3,073 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Monrovia, MD?
To comfortably afford the median rent in Monrovia, MD, a household needs to earn roughly $126,000 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 $3,150 per month in Monrovia, MD, renters typically need to show $9,450 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 Monrovia, MD?
In Monrovia, MD, the price-to-rent ratio is 16.5, 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 Monrovia, MD are best for renting a townhouse?
The best neighborhood for renting in Monrovia, MD depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a townhouse include Villages of Urbana, East Frederick, Downtown Frederick, Wormans Mill and Villa Estates, each with its own character and price range.
