1 Day Ago
Location
7118 Penny Ln, Elkridge, MD 21075, USA
Tour 7118 Penny Ln
Contact
Real Property Management Renowned
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Amenities for 7118 Penny Ln
Features
| Deck | Granite Counters |
| Luxury Vinyl Flooring | Open Floor Plan |
| Primary Suite |
Appliances
| Clothes Washer/Dryer | In-Unit Laundry |
| Stainless Steel Appliances |
Grounds
| Garage Parking |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 7118 Penny Ln
Welcome to this stunning 3-bedroom, 3-bathroom townhouse located in the Howard Square community of Elkridge. This home features an attached 1-car garage, stainless steel appliances, granite counters, clothes washer/dryer, hardwood and luxury vinyl flooring throughout, a deck off the kitchen, and an open floor plan. Two of the three bedrooms have their own ensuite bathrooms. With modern finishes, tons of natural light and ample space, this house is perfect for those looking for a comfortable and stylish place. Don't miss out on the opportunity to make this house your new home!
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 7118 Penny Ln compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
Considerations
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Zip code | 21075 |
|---|---|
| Type | House for rent |
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Rent trends in Elkridge
3-bedroom apartments at 7118 Penny Ln cost about 6% less than the average rent price for 3-bedroom apartments in Elkridge.
Median rents as of Apr 25 2026.
Elkridge
| Month | Median Rent |
|---|---|
| May 2024 | $2,868 |
| June 2024 | $2,918 |
| July 2024 | $2,853 |
| August 2024 | $2,901 |
| September 2024 | $2,907 |
| October 2024 | $2,812 |
| November 2024 | $2,839 |
| December 2024 | $2,926 |
| January 2025 | $2,972 |
| February 2025 | $2,998 |
| March 2025 | $3,010 |
| April 2025 | $2,933 |
| May 2025 | $2,958 |
| June 2025 | $2,906 |
| July 2025 | $2,920 |
| August 2025 | $2,984 |
| September 2025 | $2,945 |
| October 2025 | $2,907 |
| November 2025 | $2,949 |
| December 2025 | $2,900 |
| January 2026 | $2,977 |
| February 2026 | $2,999 |
| March 2026 | $3,046 |
| April 2026 | $3,098 |
Affordability calculator
Can I afford to live at 7118 Penny Ln?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$116,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $116,000 annually to afford this 3-bedrooms monthly rent price of $2,900.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 1 year ago | $2,700 |
Schools near 7118 Penny Ln
Hanover Hills
7030 banbury dr
hanover, MD, 21076
PK, K-5Public
B+
Ducketts Lane Elementary School
6501 ducketts ln
elkridge, MD, 21075
PK, K-5Public
B
Cedar Lane Special Center
11630 scaggsville rd
fulton, MD, 20759
PK, K-12Public
AACPS Virtual Academy
241 peninsula farm rd
arnold, MD, 21012
3-12Public
Monarch Academy - Annapolis
2000 capital dr
annapolis, MD, 21401
PK, K-5Public
B-
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Internet available near 7118 Penny Ln
Neighborhood
Getting around Elkridge near 7118 Penny Ln
Walking
4/10
Some shops and stores are within a few minutes.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 7118 Penny Ln, Elkridge
Groceries
6/10
At least one supermarket within a 20-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
0/10
Closest elementary school further than a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Parks
4/10
Limited amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
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