Baltimore City, MD Rental Market Trends
What is the average rent in Baltimore City?
The average rent for an apartment in Baltimore City is $1,560. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Baltimore City, MD
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $1,560 | 820 sq. ft. |
What is the average apartment size in Baltimore City?
The average size for a Baltimore City, MD apartment is 820 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Baltimore City, MD apartment rent ranges
Baltimore City, MD Occupied Housing Units
117,125 or 51% of the households in Baltimore City, MD are renter-occupied while 112,374 or 49% are owner-occupied.
Baltimore City, MD rent trends
Average Rent in Baltimore City, MD By Neighborhood
| City | Average Rent |
|---|---|
| Fells Point | $2,394 |
| Carroll - Camden Industrial Area | $2,053 |
| Morrell Park | $2,053 |
| South Baltimore | $2,053 |
| Washington Village - Pigtown | $2,053 |
| Canton Industrial Area | $2,034 |
| Greektown | $2,034 |
| Medford | $2,034 |
| Patterson Park | $2,034 |
| Ellwood Park - Monument | $1,970 |
| Kresson | $1,970 |
| Orangeville | $1,970 |
| Penn - Fallsway | $1,845 |
| Downtown West Baltimore | $1,806 |
| Cherry Hill | $1,802 |
| Charles Village | $1,734 |
| Downtown Baltimore | $1,717 |
| Mount Vernon | $1,717 |
| Upton | $1,584 |
| Graceland Park | $1,568 |
| Hampden | $1,540 |
| Remington | $1,540 |
| Glen | $1,260 |
| Park Circle | $1,260 |
| Pimlico Good Neighbors | $1,260 |
| Forest Park | $1,242 |
| Gwynns Falls | $1,220 |
| Saint Agnes | $1,220 |
| Violetville | $1,220 |
| Orchard Ridge | $1,209 |
| Wilson Park | $1,132 |
| Frankford | $1,032 |
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What are the most affordable neighborhoods in Baltimore City?
The most affordable neighborhoods in Baltimore City are Frankford, where the average rent goes for $1,032/month, Wilson Park, where renters pay $1,132/mo on average, and Orchard Ridge, where the average rent goes for $1,209/mo. If you’re looking for other great deals, check out the listings from Violetville ($1,220), Gwynns Falls ($1,220), and Saint Agnes ($1,220), where the asking prices are below the average Baltimore City rent of $1,560/mo.
What are the most expensive neighborhoods in Baltimore City?
The most expensive neighborhoods in Baltimore City are South Baltimore ($2,053), Washington Village - Pigtown ($2,053) and Fells Point ($2,394).
What are the most popular neighborhoods in Baltimore City?
The most popular neighborhood in Baltimore City is Charles Village, where there are 1 listings with an average rent of $1,734. Next up is Downtown Baltimore, where apartments go for $1,717/month, followed by Downtown West Baltimore with $1,806 If you’re looking to rent in Baltimore City’s most popular neighborhoods, make sure to also check out Forest Park, where renters pay $1,242 on average, and Greektown, where the average monthly rent is $2,034.
Baltimore City | Rent Comparison by Neighborhood
Rent in Canton Industrial Area is 1% lower than in Carroll - Camden Industrial Area
$2,034
Canton Industrial Area rent is 30% higher than Baltimore City average
Average Rent
$2,034
$2,053
Carroll - Camden Industrial Area rent is 32% higher than Baltimore City average
Average Rent
$2,053
How Baltimore City Compares to Other Cities
| State | Average Rent |
|---|---|
| Washington | $2,422 |
| Baltimore City | $1,560 |
| Frederick | $1,854 |
| Arlington | $2,524 |
| Germantown | $1,980 |
| Annapolis | $2,188 |
| Brentwood | $1,819 |
| Millersville | $1,812 |
| Rockville | $2,213 |
| Waldorf | $1,956 |
| Alexandria | $2,092 |
| Falls Church | $2,130 |
What is the average price for a storage unit in Baltimore City?
The average rent for a non-climate-controlled 10'x10' storage unit in Baltimore City is $142.44. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Baltimore City
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The Towers
560 Bayview Boulevard, Baltimore, MD 21224| 1 BED | $1,800 |
| 2 BEDS | $2,300 |
Cafe_H27
Cafe Home 27, Baltimore, MD 21224| 1 BED | $150 |