Apartments in Severn

1 - 11 of 11 Results

36

$1,633 - 2,430

The Orchards at Severn Townhomes*

Deal

3.0

8317 Severn Orchard Circle Severn, MD

1 - 3 BR | Available Now

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Dog Friendly

Cat Friendly

Virtual Tour

Townhome

Air Conditioning

22

$1,873 - 2,539

Somerset Woods Townhomes

3.6

1833 Richfield Drive Severn, MD

3 BR | Dec. 15, 2024

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Townhome

Air Conditioning

0

$2,400

1711 Jacobs Meadow Dr

Severn, MD

3 BR | Available Now

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House

24

$1,939 - 2,471

Lake Village

8001 Laketowne Ct. Severn, MD

2 - 3 BR | Available Now

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Luxury

Section 8

Air Conditioning

11

$1,800

825 Reece Road, Unit Bottom Apartment

Severn, MD

1 BR | Available Now

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Air Conditioning

Storage

20

$2,500

Captivating 3 Br/2 Ba Single Family Home In Severn!

1407 Illinois Ave Severn, MD

3 BR | Available Now

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House

Storage

Dishwasher

21

$1,387 - 1,933

The Orchards At Severn

8317 Severn Orchard Circle Severn, MD

1 - 3 BR | Available Now

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Townhome

Air Conditioning

In Unit Laundry

Dishwasher

24

$2,550

110 Burns Crossing Rd

Severn, MD

4 BR | Available Now

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House

Storage

Dishwasher

0

$2,250

This Stunning 3bd 2.5bth Home Has Been Fully Redone And Offers A Modern Trendy Feel As Soon As You Walk Across The Threshold.

1828 Eagle Ct Severn, MD

3 BR | Available Now

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House

0

$3,300

Charming 4 Br/2.5 Ba Single-family Home In Severn!

848 Derby Farms Dr Severn, MD

4 BR | Available Now

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Dishwasher

0

$3,000

1811 Sea Pine Cir

Severn, MD

4 BR | Available Now

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1 - 11 of 11 Results

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Severn:
November Rent Report

Welcome to the November 2024 Severn Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Severn rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Severn and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Severn average rent prices in the chart below.

Monthly Rent Report

$2,050

$1,540

$1,030

$510

$0

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

1 BR 2 BR

Severn Rent Prices Increase From October to November

Severn rent prices increased over the last month. From October to November, the city experienced a 0.07% increase for the price of a one-bedroom apartment. The rent price for a Severn one-bedroom apartments currently stands at $1,494.0.

When we take a look at the two-bedroom comparison from October to November, Severn experienced a 1.8% increase for the price of a two-bedroom apartment. The rent price for a Severn two-bedroom apartments currently stands at $1,984.0.

November Prices: Severn vs. Surrounding Areas

Rent Prices in Severn and Surrounding Areas

Rent prices have increased in Severn over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Severn suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Severn suburbs
Rents did not decrease in any of the Severn suburbs.

November 2024 Pricing Trends: Severn vs. National Comparisons

New York, NY

San Francisco, CA

Los Angeles, CA

Washington, DC

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,211

$3,115

$2,373

$2,354

$1,903

$1,338

$1,246

$1,202

$0

$1,400

$2,800

$4,200

$5,600

Median Rent

Severn Rent Prices More Affordable Than Major Cities

Rent growth in Severn over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Severn average rent prices appear to be relatively affordable for local residents.

The price for a Severn one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Severn and surrounding area rent prices, take a look at the complete data set below.

Data set for Severn and suburbs

	1 BR November	1 BR M/M % Change	2 BR November	2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.