Rental market snapshot for Baltimore, Maryland

Baltimore, Maryland Rental Property Market Overview

Baltimore, Maryland is a vibrant city with a population of 576,498 as of 2021, according to the US Census. It is a major port city and home to the National Aquarium, the Maryland Science Center, and the American Visionary Art Museum. The city is known for its diverse culture, unique neighborhoods, and rich history. It is also home to a thriving arts and music scene, as well as a variety of restaurants and shops. Baltimore is a great place to live, work, and visit.

The average rent for an apartment in Baltimore is $1,815. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Baltimore Maryland | Cost of Living

  • The most expensive ZIP code in Baltimore is 21231 with an average price of $2,531.
  • The cheapest ZIP code in Baltimore is 21226 with an average price of $1,182.

Baltimore ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
121231$2,531
221224$2,276
321230$2,150
421210$2,128
521208$1,952
621204$1,876
721236$1,823
821228$1,760
921202$1,735
1021218$1,720

Live near Baltimore, Maryland's Top Sights and Attractions

War Memorial Plaza is a public park located in the heart of the city. It is a popular gathering place for locals and tourists alike, and features a variety of attractions. The centerpiece of the plaza is a large memorial dedicated to those who have served in the armed forces. The memorial features a large fountain, surrounded by a reflecting pool and a series of statues. The plaza also features a variety of other attractions, including a carousel, a playground, and a variety of gardens and pathways. The plaza is a popular spot for events and festivals, and is a great place to relax and take in the sights of the city.

Pauline Faunteroy is a historic monument located in Baltimore, Maryland. It is a bronze sculpture of a woman in a long dress, standing atop a granite pedestal. The sculpture was created in the early 1900s and is dedicated to the memory of Pauline Faunteroy, a Baltimore native who was a leader in the African-American community. The sculpture stands as a reminder of the contributions of African-Americans to the city of Baltimore.

Jack Paulsen Park is a popular outdoor destination located in Baltimore, Maryland. It features a large lake, lush green grass, and plenty of trees and shrubs. There are several walking trails, a playground, and a picnic area. The park also has a boat launch, fishing pier, and a beach area. Visitors can enjoy a variety of activities, including swimming, fishing, and bird watching. The park is also home to a variety of wildlife, including ducks, geese, and turtles.

Montpelier and 30th St Park is a beautiful urban park located in Baltimore, Maryland. It features a large grassy area, a playground, a basketball court, and a walking path. The park also has a large pond with a fountain, which is a popular spot for fishing and bird watching. The park is surrounded by a variety of trees, providing plenty of shade and a peaceful atmosphere. The park is a great place to relax, take a stroll, or have a picnic.

Uplands Park is a large, picturesque park located on the banks of a river. It features a variety of outdoor activities, including walking trails, picnic areas, and a playground. There is also a large lake with a boat launch, fishing pier, and a beach. The park is home to a variety of wildlife, including birds, deer, and other animals. Visitors can also enjoy the scenic views of the river and the surrounding area.

Druid Hill Park is a sprawling 745-acre urban park located in Baltimore, Maryland. It is the third-oldest park in the United States and is home to a variety of attractions, including a lake, a conservatory, a zoo, and a variety of trails and gardens. The park is a popular destination for outdoor recreation, with activities such as fishing, boating, biking, and hiking. It is also home to a variety of wildlife, including birds, turtles, and other animals. The park is a great place to relax and enjoy nature, as well as to explore the city's history and culture.

Herring Run Park is a large, natural park located in Baltimore, Maryland. It features a variety of outdoor activities, including hiking, biking, fishing, and bird watching. The park is home to a variety of wildlife, including deer, foxes, and a variety of birds. There are also several streams and ponds, as well as a large meadow. The park is a great place to explore nature and relax in the outdoors.

Perkins Spring Square Park is a beautiful urban oasis located in the heart of a bustling city. It features lush green lawns, winding pathways, and a tranquil pond. The park is home to a variety of wildlife, including ducks, geese, and other birds. Visitors can enjoy a picnic lunch, take a leisurely stroll, or simply relax and take in the scenery. The park also features a playground, basketball court, and a gazebo for special events. With its peaceful atmosphere and natural beauty, Perkins Spring Square Park is a great place to escape the hustle and bustle of the city.

Mount Pleasant Park is a large, lush green space located in the heart of Baltimore. It features a variety of recreational activities, including walking trails, a playground, a pond, and a variety of sports courts. The park also has a large picnic area, a gazebo, and a pavilion. The park is also home to a variety of wildlife, including birds, squirrels, and other small animals. The park is a popular destination for families and friends to gather and enjoy the outdoors.

Clifton Park is a historic urban park located in the heart of Baltimore. It features a large lake, lush green lawns, and a variety of trees and shrubs. The park also includes a playground, picnic areas, and a variety of sports fields. Visitors can enjoy a variety of activities, including fishing, boating, and bird watching. The park also hosts a variety of events throughout the year, including concerts, festivals, and outdoor movies.

Baltimore, Maryland area median rent change by ZIP code map

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How does Baltimore compare to other cities in Maryland?

citymedian price
Potomac$3,395
Bethesda$2,740
College Park$1,986
Germantown$1,972
Hyattsville$1,813
Pikesville$1,770
Cockeysville$1,681
Randallstown$1,675
Rosedale$1,625

Average household income in Baltimore area graph - US Census

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The median household income in Baltimore in 2021 was $54,124. This represents a 32.6% change from 2011 when the median was $40,803.

#categorypercent
0Less than $10,00011.0%
1$10,000 to $14,9995.9%
2$15,000 to $19,9995.3%
3$20,000 to $24,9994.4%
4$25,000 to $29,9994.5%
5$30,000 to $34,9994.8%
6$35,000 to $39,9994.3%
7$40,000 to $44,9994.4%
8$45,000 to $49,9993.6%
9$50,000 to $59,9997.8%
10$60,000 to $74,9999.1%
11$75,000 to $99,99910.9%
12$100,000 to $124,9997.7%
13$125,000 to $149,9994.8%
14$150,000 to $199,9995.4%
15$200,000 or more6.2%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Baltimore is $1,815.
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