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All about

Elkton, MD

The small city of Elkton, Maryland is home to approximately 16,000 people. The city's population, with an average age of just under 37, skews younger than most cities in Maryland. By a slim 53%-47% margin, homeowners slightly outnumber renters in Elkton. With a relatively low average rent of $1,072 a month in the city, renting remains an affordable option, particularly compared to other cities in Maryland. Each month, renters in Elkton will pay around $275 less compared to the state average.

Elkton has a relatively large percentage of residents over the age of 25 who possess a high school degree or GED (23%) compared to the national average. Furthermore, 14% have a Bachelor's, Master's, Professional, or Doctoral degree. There are two primary industries in Elkton: healthcare and retail. Combined, these industries account for 13% of the city's workforce. Meanwhile, looking at job function, many workers in these industries are in sales, which ranks as the top field in the city. With an average annual income of around $71,000, Elkton workers earn less than the average Maryland resident. However, the city's average income is fairly average compared to the national level of $73,345.

Elkton residents have an average commute of about 28 minutes, shorter than the Maryland average of about 36 minutes. Driving is the most common mode of getting to work, selected by 35% of residents, while public transit is not widely used. Walking isn't a common way to get to work.

Average Rent in Elkton

Studio1 Bed2 Bed3 Bed
Jan 20$614$894$1,064$1,322
Dec 196148941,0641,322
Nov 196148941,0641,322
Oct 196148941,0641,322
Sep 196149481,0641,427
Aug 196149501,1351,495
Jul 196149501,1351,495
Jun 196149501,1351,495
May 196149501,1351,495
Apr 196149481,1351,495
Mar 196149481,0901,437
Feb 196149481,0901,437
*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Frequently Asked Questions About Elkton

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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