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Studio Apartment for Rent in Ocean City, MD

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    $2,000 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    703 St Louis Ave Unit C, Ocean City, MD 21842

    Property Id: 1197704This is seasonal summer rental, available June 1 till October 30. The rate for this apartment is $10,200 for the summer plus a $1,000 security deposit. One third of the rate ($3,700) due at the time of approved application, one third plus security deposit ($3,700) due at the time of move in, and one third ($3,800) due by July 30. Bright and cozy apartment conveniently

    703 St Louis Ave Unit C, Ocean City, MD 21842

Why Live in Ocean City

Ocean City, Maryland, is a prominent vacation destination known for its 10-mile public beach along the Atlantic Ocean. The coastal highway, Route 528, runs through this narrow strip of sand, making it easily accessible. The city has a rich history dating back to the 17th century, with significant growth in the late 19th century due to the Atlantic Hotel and the arrival of railroads. The Boardwalk is a popular spot for visitors, featuring various food vendors and attractions. For those looking for things to do, the Oceanic Pier offers fishing without the need for a license, and Sunset Park provides crabbing spots, a concert venue, and scenic views. The Ocean City Center for the Arts and the Ocean City Film Festival cater to art enthusiasts, while the Worcester County Library hosts public story times for children. The Worcester County Public Schools District serves the area, boasting high ratings and a favorable student-to-teacher ratio. Housing options include a mix of condos and single-family homes, with many condos built in the 1980s but maintaining a modern aesthetic. Seafood dominates the local dining scene, and shopping options range from the Gold Coast Mall to various retailers along Coastal Highway. The Ocean City Beach Bus offers a convenient transportation option, though traffic can be congested, especially around midday. However, potential residents should be aware of the risks associated with hurricanes, including severe wind and extreme flood risks.

Frequently Asked Questions

How much does it cost to rent a home in Ocean City, MD?
The median rent for a home in Ocean City, MD is $2,100 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 Ocean City, MD?
To comfortably afford the median rent in Ocean City, MD, a household needs to earn roughly $84,000 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 $2,100 per month in Ocean City, MD, renters typically need to show $6,300 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 Ocean City, MD?
In Ocean City, MD, the price-to-rent ratio is 17.9, 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.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,100
Median Single Family Home Rent
$2,450
Median Townhouse Rent
$2,300
Median Condo Rent
$1,825
How to Rent a Home