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Rent in Ocean City, MD

Across Ocean City's 2 ZIP codes, a 2-bedroom typically rents for about $1,291 a month, with figures from $1,184–$1,397. The highest typical rent is in 21842 ($1,397) and the lowest in 21843 ($1,184). 1 ZIP has ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Worcester County pay about 0.73% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Ocean City, MD by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$990$9902
1 bed$1,069$995–$1,1432
2 beds$1,291$1,184–$1,3972
3 beds$1,665$1,639–$1,6902
4 beds$1,979$1,9792

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Ocean City ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Ocean City, MD?
About $1,291 a month: the median of the typical rents in 2 ZIP codes, which range from $1,184–$1,397. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Ocean City, MD?
About $1,069 a month: the median of the typical rents in 2 ZIP codes, which range from $995–$1,143. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Ocean City, MD?
About $1,665 a month: the median of the typical rents in 2 ZIP codes, which range from $1,639–$1,690. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Ocean City, MD?
About $990 a month: the median of the typical rents in 2 ZIP codes, which range from $990. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Ocean City, MD?
About $1,979 a month: the median of the typical rents in 2 ZIP codes, which range from $1,979. Figures are gross rent (rent plus tenant-paid utilities).
Which Ocean City ZIP code has the highest rent?
For a 2-bedroom, 21842 has the highest typical rent at $1,397 a month, and 21843 the lowest at $1,184.
What is the property tax rate in Ocean City, MD?
Owner-occupied homes in Worcester County pay a typical 0.73% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Ocean City rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).