Preston, MD

City

Rent in Preston

Median Gross Rent

$1,629

Rent-to-Income Ratio

45.0%

Renter Share

21.7%

Avg Household Size

2.8

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

3 Bedrooms: $1,536

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 23.8%
$1,000-$1,500: 12.7%
$1,500-$2,000: 52.4%
$2,000-$2,500: 11.1%
$2,500+: 0.0%
No Cash Rent: 0.0%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 34.9%
20-30% (moderate): 0.0%
30-50% (cost-burdened): 19.1%
50%+ (severely cost-burdened): 46.0%
Not Computed: 0.0%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $111,964

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 23.8%
$1,000-$1,500: 65.1%
$1,500-$2,000: 11.1%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 0.0%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Nearby Neighborhoods in Preston

Neighborhood

Caroline, MD

Choptank / Linchester

Williamsburg / Waddells Corner

American Corner / Two Johns Estates

The Bachelor Point Harbor / Sailors Retreat

Holly Oaks / Dover Acres

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources