Baltimore City, MD Rental Market Trends
Last updated: February 20, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Baltimore City is $1,634, a 0.38% increase compared to the previous year, when the average rent was $1,627.
Studio Apartments at $1,301 offer the most budget-friendly option with 460 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 694 square feet for $1,544, balancing privacy and affordability.
Two-beedroom units at $1,722 offer 939 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,115 sq ft) for $1,962, suitable for larger households.
Average rent in Baltimore City, MD
Last updated: February 20, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,634 | 787 sq. ft. |
| Studio | $1,301 | 460 sq. ft. |
| 1 Bed | $1,544 | 694 sq. ft. |
| 2 Beds | $1,722 | 939 sq. ft. |
| 3 Beds | $1,962 | 1,115 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 (40%) 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?
119,111 or 51% of the households in Baltimore City, MD are renter-occupied while 113,299 or 49% are owner-occupied.
Most affordable neighborhoods in Baltimore City?
West Hills $995/month
Frankford $1,013/month
Woodbourne Heights $1,041/month
All of these neighborhoods fall below the city wide average of $1,634/month.Most expensive neighborhoods in Baltimore City?
Otterbein $2,530/month
Fells Point $2,530/month
Inner Harbor $2,658/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Baltimore City, MD By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Inner Harbor | $2,658 |
| Fells Point | $2,530 |
| Otterbein | $2,530 |
| Canton Industrial Area | $2,277 |
| Riverside | $2,251 |
| Canton | $2,216 |
| Middle East | $2,202 |
| South Baltimore | $2,130 |
| Downtown West Baltimore | $2,124 |
| Tuscany - Canterbury | $2,110 |
| Washington Hill | $2,098 |
| Locust Point Industrial Area | $2,072 |
| Roland Park | $1,953 |
| Charles Village | $1,945 |
| Hampden | $1,839 |
| Mid - Town Belvedere | $1,791 |
| Cross Country | $1,718 |
| Bolton Hill | $1,681 |
| Downtown Baltimore | $1,636 |
| Fallstaff | $1,574 |
| Mount Vernon | $1,525 |
| Cheswolde | $1,493 |
| Westgate | $1,461 |
| Beechfield | $1,434 |
| Franklintown | $1,416 |
| Loch Raven | $1,403 |
| University of Maryland | $1,392 |
| Cylburn | $1,389 |
| Oldtown | $1,368 |
| Wakefield | $1,337 |
| Glen | $1,321 |
| Rosemont East | $1,306 |
| Madison Park | $1,280 |
| Brooklyn | $1,275 |
| Lakeland | $1,274 |
| New Northwood | $1,261 |
| Hamilton Hills | $1,255 |
| West Forest Park | $1,172 |
| Ten Hills | $1,162 |
| Central Park Heights | $1,109 |
| Pen Lucy | $1,086 |
| Reservoir Hill | $1,064 |
| Glenham - Belhar | $1,063 |
| Irvington | $1,054 |
| East Arlington | $1,041 |
| Woodbourne Heights | $1,041 |
| Frankford | $1,013 |
| West Hills | $995 |
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Baltimore City | Rent Comparison by Neighborhood
Rent in Beechfield is 15% lower than in Bolton Hill
$1,434
Beechfield rent is 12% lower than Baltimore City average
Average Rent
$1,434
$1,681
Bolton Hill rent is 3% higher than Baltimore City average
Average Rent
$1,681
How Baltimore City Compares to Other Cities
| City | Average Rent |
|---|---|
| Baltimore City | $1,634 |
| Silver Spring | $1,967 |
| Rockville | $2,342 |
| Hyattsville | $1,888 |
| Laurel | $1,916 |
| Frederick | $1,928 |
| Gaithersburg | $2,007 |
| Bethesda | $2,699 |
| Annapolis | $2,278 |
| Columbia | $2,114 |
| Glen Burnie | $1,695 |
| Elkridge | $2,127 |
| Pasadena, MD | $2,193 |
| Jessup, MD | $2,153 |
| Savage, MD | $1,933 |
| Joppa, MD | $1,566 |
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.