Baltimore City, MD Rental Market Trends
Last updated: August 01, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Baltimore City is $1,653, a 0.42% increase compared to the previous year, when the average rent was $1,646.
Studio Apartments at $1,330 offer the most budget-friendly option with 458 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 696 square feet for $1,551, balancing privacy and affordability.
Two-bedroom units at $1,752 offer 939 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,120 sq ft) for $2,011, suitable for larger households.
Average rent in Baltimore City, MD
Last updated: August 01, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,653 | 788 sq. ft. |
| Studio | $1,330 | 458 sq. ft. |
| 1 Bed | $1,551 | 696 sq. ft. |
| 2 Beds | $1,752 | 939 sq. ft. |
| 3 Beds | $2,011 | 1,120 sq. ft. |
Baltimore City, MD rent trends
What's the typical rent budget in Baltimore City, MD?
The largest share of rentals in Baltimore City, MD (43%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Baltimore City, MD?
122,241 or 52% of the households in Baltimore City, MD are renter-occupied while 115,110 or 48% are owner-occupied.
Most affordable neighborhoods in Baltimore City?
Glenham - Belhar $1,015/month
Irvington $1,027/month
Frankford $1,042/month
All of these neighborhoods fall below the city wide average of $1,653/month.Most expensive neighborhoods in Baltimore City?
Port Covington $2,558/month
Fells Point $2,585/month
Otterbein $2,666/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Baltimore City, MD By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Otterbein | $2,666 |
| Fells Point | $2,585 |
| Port Covington | $2,558 |
| Riverside | $2,377 |
| Canton Industrial Area | $2,307 |
| Middle East | $2,307 |
| Washington Hill | $2,288 |
| Canton | $2,287 |
| South Baltimore | $2,281 |
| Tuscany - Canterbury | $2,108 |
| Charles Village | $1,930 |
| Bolton Hill | $1,899 |
| Hampden | $1,875 |
| Roland Park | $1,825 |
| Mid - Town Belvedere | $1,774 |
| Downtown West Baltimore | $1,763 |
| Cross Country | $1,661 |
| Downtown Baltimore | $1,647 |
| Mount Vernon | $1,531 |
| Cheswolde | $1,527 |
| Wakefield | $1,518 |
| Fallstaff | $1,503 |
| Westgate | $1,495 |
| Franklintown | $1,391 |
| Cylburn | $1,379 |
| Beechfield | $1,379 |
| Oldtown | $1,334 |
| Brooklyn | $1,331 |
| Madison Park | $1,308 |
| Rosemont East | $1,294 |
| Lakeland | $1,280 |
| New Northwood | $1,261 |
| Hamilton Hills | $1,190 |
| Ten Hills | $1,182 |
| Woodbourne Heights | $1,153 |
| Reservoir Hill | $1,124 |
| Central Park Heights | $1,109 |
| East Arlington | $1,093 |
| Frankford | $1,042 |
| Irvington | $1,027 |
| Glenham - Belhar | $1,015 |
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Baltimore City | Rent Comparison by Neighborhood
Rent in Beechfield is 27% lower than in Bolton Hill
$1,379
Beechfield rent is 17% lower than Baltimore City average
Average Rent
$1,379
$1,899
Bolton Hill rent is 15% higher than Baltimore City average
Average Rent
$1,899
How Baltimore City Compares to Other Cities
| City | Average Rent |
|---|---|
| Baltimore City | $1,653 |
| Silver Spring | $1,941 |
| Frederick | $1,950 |
| Laurel | $1,977 |
| Rockville | $2,356 |
| Hyattsville | $1,892 |
| Columbia | $2,178 |
| Gaithersburg | $2,020 |
| Annapolis | $2,300 |
| Glen Burnie | $1,701 |
| Bethesda | $2,871 |
| Ellicott City, MD | $2,130 |
| Elkridge, MD | $2,277 |
| Edgewood, MD | $1,470 |
| Odenton, MD | $2,369 |
| Jessup, MD | $2,050 |
| Pasadena, MD | $2,390 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Baltimore City apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.