Is Elkridge, MD a good place to invest in rental property?

Elkridge, MD has a median modeled monthly cash flow of $-1,022 and a median cap rate of 3.9%, on a median sold price of $490,000. Prices changed -0.4% year over year.

What is the average cap rate in Elkridge, MD?

The median cap rate across recently sold homes in Elkridge, MD is 3.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Elkridge, MD?

The median sold price in Elkridge, MD is $490,000 (about $246 per square foot).

Investing in Elkridge, MD Real Estate

A data-driven snapshot of the Elkridge, MD rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$490,000Median sold price

$246Median $/sqft

3.9%Median cap rate

$-1,022Modeled cash flow / mo

-0.4%Appreciation YoY

5.7Months of supply

123Active listings

258Sold (last 12 mo)

What the Elkridge numbers say

In Elkridge, MD, the median home sold for $490,000 (about $246 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-1,022 of monthly cash flow. Sold prices moved -0.4% over the past year. Inventory sits at about 5.7 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Maryland markets to compare

See Elkridge cash-flowing listings

CashFlowRE ranks every for-sale home in Elkridge, MD by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Elkridge deals, or browse the national market data.