Rental market snapshot for Reservoir Hill, Baltimore
Reservoir Hill rental market summary
The rental market in Reservoir Hill, Maryland is showing signs of stability. In July 2023, there were 471 new listings, indicating that the market is still active. The median rent for the month of July 2023 was $1,400, which is only a slight decrease of .2% from the previous month. This suggests that the rental market is not experiencing any drastic changes in pricing.
When comparing the median rent from July 2023 to July 2022, there has been a 7.9% increase in rent. This indicates that the rental market in Reservoir Hill is slowly but steadily increasing in value. Overall, the rental market in Reservoir Hill is stable and is showing signs of growth.
Median rent for all residential properties in Reservoir Hill
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The most expensive listings and top trending buildings in Reservoir Hill
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 18 E Mount Vernon Pl | $4,150 | 3 / 3.0 |
| 220 Laurens St | $2,835 | 4 / 2.5 |
| 1201 W Mount Royal Ave | $2,810 | 2 / 2.0 |
| 1600 Park Ave | $2,800 | 3 / 1.0 |
| 1201 W Mount Royal Ave | $2,770 | 2 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| The Time Group WPM Real Estate Group | $1,971 |
| Barkan Management Company | $1,636 |
| Westover Companies | $1,546 |
| Trinity Property Consultants | $1,450 |
| S & E Holdings | $1,292 |
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Bedroom Breakdown in Reservoir Hill
Reservoir Hill neighborhood apartments rents
The rental market for studios in Reservoir Hill, Maryland is showing signs of growth in July 2023, with 14 new studio listings. The median rent for studios in July 2023 is $1,128, which is a 6.0% decrease from the median rent in June 2023 of $1,200. This suggests that the rental market is becoming more competitive, with more options available for renters.
The rental market for 1-bedroom apartments in Reservoir Hill, Maryland is showing signs of stability. In July 2023, there were 46 new 1-bedroom listings, indicating a healthy supply of rental units. The median rent for 1-bedroom apartments in July 2023 was $1,338, a 4.6% decrease from the median rent in June 2023. This suggests that the rental market is not experiencing significant inflationary pressures, and that rents are remaining relatively stable.
The rental market for 2-bedroom apartments in Reservoir Hill, Maryland is showing signs of growth. In July 2023, there were 54 new 2-bedroom listings, a significant increase from the previous month. The median rent for 2-bedroom apartments also increased by 3.1%, from $1,912 in June 2023 to $1,972 in July 2023. This indicates that the rental market is becoming more competitive, and that renters should expect to pay more for 2-bedroom apartments in the area.