Navigating UMD’s Rental Permit Zones: A Guide for College Park Investors
College Park, Maryland, is a real estate market defined by its diversity — a blend of academic energy, suburban stability, and investment potential. For landlords and investors near the University of Maryland (UMD), understanding rental permit zones and neighborhood dynamics is key to identifying profitable opportunities. This guide explores how rental regulations shape value across College Park’s top residential communities — from Calvert Hills homes and Berwyn’s historic bungalows to the quiet sophistication of University Park — while comparing architecture, amenities, and average price points.
Understanding College Park’s Rental Permit Zones
The City of College Park enforces a rental permit system designed to maintain neighborhood quality and balance between student and long-term housing. All rental properties must have a City-issued license, renewed annually following inspection.
Key Permit Requirements:
Annual rental license (single-family, multi-unit, or shared housing)
Inspection for safety, occupancy, and noise compliance
Parking and property maintenance standards
Special use restrictions in certain family-zoned neighborhoods
These permit zones directly influence investment potential — determining where student rentals are viable and where owner-occupancy or long-term family tenancy prevails.
Below is a detailed look at College Park’s major residential areas, examining their architecture, amenities, and investor appeal.
1. Calvert Hills: Classic Charm and Long-Term Value
Architectural Character
Calvert Hills is one of College Park’s most picturesque neighborhoods. Tree-lined streets are lined with early 20th-century brick Colonials, Cape Cods, and Craftsman-style homes, many of which have been lovingly restored. Architectural integrity is protected by zoning laws limiting multi-unit conversions, preserving the neighborhood’s residential character.
Community Feel
This is the quintessential “college town suburb” — a favorite for UMD faculty, young professionals, and families. Its quiet, walkable streets lead to Calvert Park, Paint Branch Trail, and Rhode Island Avenue, making it ideal for residents seeking community engagement and stability over high turnover rentals.
Amenities
Walking distance to College Park Metro Station (Green Line)
Easy access to UMD campus and downtown College Park restaurants
Nearby retail at Riverdale Park Station (Whole Foods, Starbucks, Burton’s Grill)
Typical Price Points (2025 Estimates)
Single-family homes: $500,000–$650,000
3–4-bedroom rentals: $3,000–$3,800/month (limited availability due to zoning)
Investment Insight:
Because rental permits are limited, Calvert Hills homes hold high owner-occupancy value and steady appreciation. Investors seeking stability may prefer this neighborhood for long-term leasing or eventual resale, rather than short-term student rentals.
2. Berwyn: Historic Roots, Emerging Potential
Architectural Character
Berwyn features bungalows, Victorians, and 1940s cottages, many offering large porches and mature gardens. Renovations in recent years have modernized interiors while retaining historic curb appeal.
Community Feel
Berwyn balances family life and student presence, offering an affordable alternative to Old Town. Residents appreciate the small-town atmosphere and local gathering spots like Vigilante Coffee and Smile Herb Shop.
Amenities
Close to Route 1 Corridor redevelopment projects
Access to Berwyn Park and Trolley Trail for biking and walking
Short commute to Greenbelt Metro Station
Typical Price Points
Homes: $400,000–$500,000
Average rent: $2,000–$3,200/month
Investment Insight:
Rental permits are easier to secure here than in Calvert Hills, making Berwyn a strong entry point for investors looking to balance affordability with high rental demand. It’s especially attractive for faculty housing and graduate student tenants.
3. Old Town: The Student Rental Epicenter
Architectural Character
Old Town is a mix of older detached homes and multi-family conversions. Many early 1900s properties have been adapted into duplexes and shared student houses, with landlords prioritizing function and code compliance over design aesthetics.
Community Feel
Buzzing with energy during the academic year, Old Town is the beating heart of student life. Expect higher noise levels, seasonal turnover, and a constant flow of renters.
Amenities
Steps from UMD’s main campus and fraternity row
Walkable to downtown restaurants like The Board and Brew and Krazi Kebob
Quick access to Metrobus routes to DC and Hyattsville
Typical Price Points
Homes: $450,000–$600,000
4–6-bedroom student rentals: $4,200–$5,000/month
Investment Insight:
Old Town offers some of the highest rental yields in College Park, but also higher management overhead. Permits and inspections are strictly enforced due to density, so staying compliant is essential.
4. University Park: Timeless Appeal and Community Prestige
Architectural Character
Neighboring College Park, University Park stands out with stately brick Colonials, Tudors, and mid-century ranches on large lots. Architectural uniformity and strong civic preservation standards maintain the neighborhood’s classic charm.
Community Feel
University Park attracts professionals, retirees, and families seeking a quieter alternative near UMD. The University Park Civic Association fosters an engaged community spirit with events, garden tours, and environmental programs.
Amenities
Exclusive University Park Elementary School (highly rated)
Quick drive to Prince George’s Plaza Metro Station
Proximity to Whole Foods, Lidl, and Hyattsville Arts District
Typical Price Points
Homes: $650,000–$850,000+
Rental options: Limited; mostly owner-occupied
Investment Insight:
Though rental permits are scarce, University Park remains a top-tier market for appreciation and family buyers. Its community-oriented zoning and school district make it one of the best College Park neighborhoods for long-term value growth.
5. North College Park and Hollywood: The Commuter’s Choice
Architectural Character
Primarily built in the 1950s–1970s, these neighborhoods feature ranch and split-level homes, many updated with modern interiors. Larger plots allow for expansions and accessory dwelling units (ADUs).
Community Feel
Quiet and suburban, North College Park appeals to young families and professionals commuting to DC or Silver Spring. The Hollywood Neighborhood Association supports local beautification and safety initiatives.
Amenities
Near Greenbelt Metro Station and future Purple Line stop
Close to Hollywood Farmers Market and Lake Artemesia Natural Area
Excellent access to I-495 Beltway
Typical Price Points
Homes: $400,000–$550,000
Rentals: $2,000–$3,000/month
Investment Insight:
As the Purple Line nears completion (expected 2027), properties near future stations are projected to appreciate 15–25%. Investors eyeing transit-oriented growth will find this area promising.
Final Thoughts: Choosing the Right Zone for Your Investment Strategy
College Park’s neighborhoods offer something for every investor profile:
High-yield student rentals in Old Town
Stable family investments in Calvert Hills and University Park
Balanced opportunities in Berwyn and North College Park
Understanding each zone’s permit requirements, community makeup, and market trajectory ensures compliance and profitability. Whether your goal is consistent rental income or long-term appreciation, aligning your investment with College Park’s zoning dynamics is essential to success.
🔗 Continue Exploring:
For a complete overview of the College Park housing market — including UMD’s expansion, Purple Line impact, taxes, and school data — read the full pillar guide:
👉 The Complete Guide to Real Estate in College Park, MD: Living, Investing, and Selling