Rental market snapshot for Downtown, Baltimore

Downtown rental market summary

The rental market in Downtown, Maryland is showing signs of growth. In July 2023, there were 179 new listings, a significant increase from the previous month. The median rent in July 2023 was $1,509, a 1.0% increase from June 2023 and a 3.9% increase from July 2022. This indicates that the rental market in Downtown, Maryland is becoming more competitive and that prices are increasing.

Overall, the rental market in Downtown, Maryland is on the rise. With more listings and increasing prices, it is becoming a more attractive option for renters. This is good news for landlords and investors, as they can expect to see higher returns on their investments. However, it is important to note that the rental market is still competitive and that prices may continue to rise in the future.

Median rent for all residential properties in Downtown

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The most expensive listings and top trending buildings in Downtown

Most Expensive Listings

AddressRent PriceBed / Bath
125 W Saratoga St$3,5002 / 2.5
225 N Calvert St$2,5311 / 1.0
617 W Lexington St$2,5003 / 1.0
313 N Charles St$2,4952 / 2.5
225 N Calvert St$2,2832 / 2.0

Top Trending Buildings

building nameavg rent price
Greystar*$1,859
The Time Group WPM Real Estate Group$1,425
KETTLER$1,414
VIVO LIVING$1,391

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Bedroom Breakdown in Downtown

Studio
$1,068
MEDIAN RENT
1 Bedroom
$1,425
MEDIAN RENT
2 Bedroom
$1,753
MEDIAN RENT

Downtown neighborhood apartments rents

The rental market for studios in Downtown, Maryland is showing signs of growth. In July 2023, there were 14 new studio listings, representing a 3.6% increase in median rent from June 2023. The median rent for studios in July 2023 was $1,068, which is a significant increase from the median rent of $1,031 in June 2023. This indicates that the rental market for studios in Downtown, Maryland is on the rise and is likely to continue to increase in the coming months.

The rental market for 1-bedroom apartments in Downtown, Maryland is showing signs of growth. In July 2023, there were 25 new 1-bedroom listings, which is a 7.8% increase from the previous month. The median rent for 1-bedroom apartments in July 2023 was $1,425, which is 7.8% lower than the median rent in June 2023. This indicates that the rental market is becoming more competitive, with more options available for renters.

The rental market for 2-bedroom apartments in Downtown, Maryland in July 2023 is relatively stable. There were 13 new listings in July, and the median rent remained the same as the previous month at $1,753. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.

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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 2023-07-31, the median rent in Downtown is $1,509.
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