5bd 2/2bth home in a highly coveted community – photo 1

5bd 2/2bth home in a highly coveted community

📍 305 Backwater Way, Laurel, MD 20724

Monthly Rent

$4,000

Bedrooms

5 bd

Bathrooms

3.5 ba

Sq Feet

2789 sq ft

📋 Property Overview

If you're looking for a lifestyle, a sense of community, and a place that feels like a retreat every time you come home, then welcome to Watershed! This highly coveted community offers an extraordinary living experience surrounded by resort style amenities, beautiful outdoor spaces, and countless opportunities to relax, entertain and connect. You will have access to multiple pools, playgrounds,...

🛡️ Renters Insurance — Estimated Cost

Estimated range for Maryland at $20,000 – $24,999 of personal property

$13–$15/ monthEstimate — not a quote

About $163–$175 a year.

Based on what Maryland renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 519,838 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

Compare what companies charge and get a real quote

❓ Frequently Asked Questions

$4,000

per month

Contact for availability
5 bd
3.5 ba
2789 sq ft

Use the buttons at the bottom of the screen to schedule a tour or apply online. Applications are reviewed within 1–3 business days.

💬 Questions about this property?

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