

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
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
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💬 Questions about this property?
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