Rental market snapshot for Fells Point, Baltimore
Fells Point rental market summary
The rental market in Fells Point, Maryland is showing signs of growth. In July 2023, there were 286 new listings, a significant increase from the previous month. The median rent also increased from $2,480 in June 2023 to $2,445 in July 2023, a 1.4% increase. This is a continuation of the trend seen over the past year, with the median rent increasing by 6.5% from $2,295 in July 2022.
These figures indicate that the rental market in Fells Point, Maryland is on the rise. With more listings and higher rents, it is becoming an increasingly attractive option for renters. The area is becoming increasingly popular, and it is likely that the rental market will continue to grow in the coming months.
Median rent for all residential properties in Fells Point
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The most expensive listings and top trending buildings in Fells Point
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
2001 Aliceanna St | $4,645 | 2 / 3.0 |
2001 Aliceanna St | $4,565 | 2 / 2.0 |
2001 Aliceanna St | $4,520 | 2 / 2.0 |
2001 Aliceanna St | $4,110 | 2 / 2.0 |
2001 Aliceanna St | $4,045 | 2 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Legend Management Group | $2,665 |
KETTLER | $2,528 |
Windsor Property Management Co. | $2,415 |
Maryland Management Company | $2,089 |
The Dolben Company Inc. | $1,995 |
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Bedroom Breakdown in Fells Point
Fells Point neighborhood apartments rents
The rental market for studios in Fells Point, Maryland is showing signs of growth. In July 2023, there were 6 new studio listings, representing an increase in the number of available rental units. The median rent for studios in July 2023 was $1,815, an increase of 11.0% from the median rent in June 2023 of $1,635. This suggests that demand for studio rentals in Fells Point is increasing, and that the rental market is becoming more competitive.
The rental market for 1-bedroom apartments in Fells Point, Maryland is showing signs of improvement. In July 2023, there were 55 new 1-bedroom listings, which is a 4.5% increase from the previous month. The median rent for 1-bedroom apartments in July 2023 was $2,320, which is 4.5% lower than the median rent in June 2023. This indicates that the rental market is becoming more affordable for renters in Fells Point.
The rental market for 2-bedroom apartments in Fells Point, Maryland is showing signs of stability. In July 2023, there were 44 new 2-bedroom listings, and the median rent for 2-bedroom apartments decreased by 3.5% from June 2023 to July 2023, from $3,660 to $3,534. This suggests that the rental market is not experiencing any drastic changes, and that the prices of 2-bedroom apartments are staying relatively consistent.