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Eastern Howard County Md. rental market - Jan. 29, 2020
Today’s View – Jan. 29, 2020 – Eastern Howard County Md. rental market
 
This is a quick look at the market for rentals in an eastern portion of Howard County Md.  Covered is the rental market for Columbia, Ellicott City, and Elkridge.
 There are at this time 86 active rentals, 22 with an application being processed, and 42 that have signed leases in the last 30 days. This gives us an absorption rate (active/30 day rentals) of 2.05 months a very active market.
 Some of this are detached homes, others being townhouses, and even condo apartments.
 
One Bedroom
There are 9 one-bedroom places on the market for rent.  The current list price of these places ranges from $700 to $1,325, with the median being $1,150. The days on market ranges from new to the market (1 day) to 8.5 months (252 days), with the median being 1 month (28 days).
There is no one-bedroom place with the application being processed at this time.
There are 4 one-bedroom places that have rented in the last 30 days.  These places rent for between $970 and $1,300, with the median being $1,225.  The days on market ranged from 2 weeks (14 days) to 3 months (84 days), with the median being ... more

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