Rental prices in Loch Raven, Baltimore City, MD have increased by 5.2% over the past year. The average rent moved from $1,334 to $1,403.
Check out the average rent in Baltimore City.
The national average price of rental apartments is $1,741, while the average monthly rent in Loch Raven, Baltimore City, MD is $1,403.
The average monthly rent for an apartment in Loch Raven, Baltimore City, MD is around $1,403.
A share of 9% of apartments in Loch Raven, Baltimore City, MD have the cheapest rents between ≤ $1000. Around 4% of rentals are $2,001-$2,500. Around 49% of Loch Raven's apartments have monthly rents between $1,001-$1,500. There are 37% of apartments with rents between $1,501-$2,000.
The largest share of rentals in Loch Raven, Baltimore City, MD (49%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Loch Raven, Baltimore City, MD is $1,484.
In Loch Raven, 44% of the residents are renting compared to 56% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 12% of Loch Raven's rentals, 87% are small-scale complexes with under 50 units, and 2% are single-family rentals.
In total, Loch Raven, Baltimore City, MD has 5,279 residents, 3,073 women and 2,205 men, per U.S. Census recent estimates. Statistics show that the median age of Loch Raven’s population is 36.
There is a total of 2,175 households in Loch Raven, Baltimore City, MD. Of these, 561 have children and 1,614 are without children. Per Census Bureau’s most current estimates, 1,186 family households and 988 non-family households live in this area. The size of a household in Loch Raven is 2 people, on average. The median household annual income in Loch Raven equals $64,288, and the monthly housing costs equal $1,369.
According to data from the U.S. Census Bureau, 2% of the population in Loch Raven, Baltimore City, MD have no high school education, 35% went to high-school, and 26% have partially completed college. Moreover, 8% of the population hold an Associate Degree, 16% hold a Bachelor Degree, and 13% hold a Graduate Degree.
