Starting at $1,420
Total Monthly Price
- Studio - 2 Beds
6830-6896 Laurel St NW, Washington, DC 20012
Welcome home to The Glade on Laurel.
The Glade on Laurel
Frequently Asked Questions
How much does it cost to rent a home in Takoma Park, MD?
The median rent for a home in Takoma Park, MD is $1,660 per month, though prices vary by neighborhood, size, and property type. As of August 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 Takoma Park, MD?
To comfortably afford the median rent in Takoma Park, MD, a household needs to earn roughly $66,400 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 $1,660 per month in Takoma Park, MD, renters typically need to show $4,980 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 Takoma Park, MD?
In Takoma Park, MD, the price-to-rent ratio is 33.7, 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 Takoma Park, MD are best for renting a home?
The best neighborhood for renting in Takoma Park, MD depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Takoma, Downtown Silver Spring, Brightwood, Lewisdale and Edgewood, each with its own character and price range.
