Last updated
Average Rent in Montpelier & Rent Trends
Rent prices and market trends across 1 apartment community in Montpelier, Bowie, MD. Updated daily.
Market Average
$1,693/mo
Lowest Available
$1,531/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
8
available now
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Montpelier vs Bowie, MD Average
Montpelier is cheaper than the Bowie, MD average by $604/mo (26%). The citywide average is $2,297/mo across all neighborhoods.
Is Rent Going Up or Down in Montpelier?
As of October 2026, the average rent in Montpelier is $1,693 per month across 1 apartment community and 8 available units.
The most affordable option is Hill House at Beechfield starting at $1,531/mo. By unit type, a 1-bedroom averages $1,602/mo, a 2-bedroom averages $1,966/mo.
Prices range from $1,531 to $2,098 per month. The most common price point is the $1,400 range, where 4 units are currently listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Montpelier
Rent Prices by Apartment in Montpelier
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Hill House at Beechfield | $1,531/mo | $1,693/mo | 8 | 4.7 |
Frequently Asked Questions About Rent in Montpelier
What is the average rent in Montpelier?
Is rent going up or down in Montpelier?
What is the cheapest apartment in Montpelier?
How much is a 1-bedroom apartment in Montpelier?
How many apartments are available in Montpelier?
What salary do I need to live comfortably in Montpelier?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$68,000/year
Based on the 30 percent rule, using our tracked average rent of $1,693/mo.
Comfortable income
$81,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,531/mo), you need to earn at least $61,000/year.
Median household income in Montpelier is $141,831 , about 75% above the comfortable-living threshold.
Cost of living in Montpelier
Overall prices in Montpelier runs above the national average by about 10% (BEA Regional Price Parity index 109.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Montpelier's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,693 |
| Utilities | $653 |
| Groceries | $574 |
| Transportation | $1,557 |
| Healthcare | $759 |
| Other goods and services | $1,215 |
| Estimated total | $6,451/mo |
Population
57,771
Median household income
$141,831
Census median rent
$2,240/mo
Census rent burden
29.8%
Median age
44.0
Mean commute
36 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Montpelier Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Montpelier Apartments
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