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Baltimore, MD Rent Trends

Rank #42, last updated May 16

To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily.

What is the average rent in Baltimore?

The average rent of a studio apartment in Baltimore, MD is $1,200. The average rent of a 1-bedroom in Baltimore, MD is $1,295. The average rent of a 2-bedroom in Baltimore, MD is $1,560. The average rent of a 3-bedroom in Baltimore, MD is $1,700.

Studio

$1,200


1 bed

$1,295


2 beds

$1,560


3+ beds

$1,700

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

Rent Prices Over Time in Baltimore

Apartment Rent Ranges in Baltimore

The monthly rent for apartments in Baltimore, MD ranges from $500 to $2,500+.

$500 - $1,000

$1,000 - $1,500

$1,500 - $2,000

$2,000 - $2,500

$2,500+

What is the average apartment size in Baltimore?

The average size of a Baltimore, MD apartment is 789 square feet, while the median apartment size for Baltimore, MD is 773 square feet. However, square footage varies based on unit type. Most rentals in Baltimore, MD (43.22%) are 2 bedroom apartments, while the fewest (10.32%) are studio apartments. Meanwhile, 1 bedroom apartments account for 28.62%, and 3+ bedroom apartments make up 17.84%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Baltimore?

Studio1 bed2 beds3+ beds
Charles Village*$1,350*$3,199
Downtown Baltimore$1,195$1,299$1,727$2,262
Fells Point*$1,900$2,245*
Hampden*$2,273$3,659*
Mount Vernon*$1,299$1,695*
Ridgely's Delight$1,409$1,349$1,600*

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

* Insufficient data to calculate value

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