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MarketsMarylandEastonRent Analysis

Rent Analysis: Easton, MD

Updated 2026 · Based on median market data for Easton, MD

Cap Rate
3.65%
Median Price
$480K
Rent/Mo
$2,330
1% Rule
0.49%
Fails

Rent Overview

The median monthly rent in Easton, MD is $2,330, translating to $27,960 in annual gross rental income per unit. The rent-to-price ratio is 0.49% — well below the 1% rule, making pure cash flow investing challenging at median prices.

Rent Affordability

Renters in Easton spend approximately 46% of the local median household income ($60,467) on rent. This exceeds the standard 30% affordability threshold, suggesting rent growth may face resistance — but it also means a large portion of the population finds buying even more out of reach, supporting rental demand.

Vacancy & Tenant Demand

The vacancy rate in Easton is 5.8%. This is a healthy vacancy rate that indicates balanced supply and demand. You should be able to find quality tenants without extended vacancies, though expect normal turnover periods of 2-4 weeks between tenants. Population growth of 0.5% annually provides stable demand.

Gross Rent Multiplier

Easton's GRM (price divided by annual rent) is 17.2x. A GRM above 16x means the property is expensive relative to its income. Investors here are typically betting on appreciation rather than current cash flow. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.

Rental Income Projection

At the median rent of $2,330/mo, a single-family rental in Easton generates approximately $27,960 in gross annual income. After accounting for 5.8% vacancy ($1,622 lost), property taxes of $4,992, insurance (~$1,920), and maintenance (~$1,920), the estimated NOI is $17,506 per year, or $1,459/mo.

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How Easton Compares

Easton vs Maryland state average and national average across key investment metrics. Easton's cap rate is below both benchmarks — deal sourcing is critical here.

Metric
Easton
Maryland Avg
National Avg
Cap Rate
3.65%
3.64%
3.81%
Median Price
$480K
$394K
$333K
Median Rent
$2,330
$1,833
$1,524
Property Tax
1.04%
1.04%
1.08%
Vacancy
5.8%
5.8%
5.6%
Pop. Growth
0.5%/yr
0.5%/yr
0.9%/yr

Nearby South Markets

City
Cap Rate
Price
Rent
Tax
Easton, MD
3.6%
$480K
$2,330
1.04%
Fort Lauderdale, FL
4.8%
$470K
$2,650
0.88%
Miami, FL
4.7%
$470K
$2,650
0.89%
Boone, NC
2.8%
$490K
$1,880
0.78%
Brevard, NC
3.3%
$465K
$1,990
0.78%

Frequently Asked Questions

What is the average rent in Easton, MD?
The median monthly rent in Easton is $2,330, or $27,960 per year. This is 53% above the national average of $1,524/mo. Rent levels vary by neighborhood, property condition, and unit size — always verify comparable rents for your target property.
Is Easton a good rental market for landlords?
With a rent-to-price ratio of 0.49%, Easton falls below the 1% rule, meaning cash flow depends on buying below median or achieving above-median rents. The 5.8% vacancy rate signals tight rental demand, favorable for landlords.
How does Easton rent compare to Maryland averages?
Easton's median rent of $2,330/mo is 27% above the Maryland average of $1,833/mo. Home prices at $480K are above the state average of $394K, giving Easton a rent-to-price ratio of 0.49% vs 0.47% statewide.
What is a good rent-to-price ratio?
The 1% rule says monthly rent should be at least 1% of purchase price ($1,000/mo rent on a $100,000 home). Easton's ratio is 0.49%. Generally, above 0.8% is workable with good financing, above 1% is strong, and above 1.2% is exceptional. The national average across the 300+ cities we track is 0.46%.
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Explore Easton & Related Markets

More Easton Guides

Rental Property Investment GuideProperty Tax GuideCost of Living & AffordabilityAppreciation & Growth ForecastNeighborhood Investment Guide

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