Baltimore City, MD Rental Market Trends
Last updated: May 21, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Baltimore City is $1,643, a 0.21% increase compared to the previous year, when the average rent was $1,640.
Studio Apartments at $1,322 offer the most budget-friendly option with 459 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 693 square feet for $1,551, balancing privacy and affordability.
Two-beedroom units at $1,736 offer 944 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,118 sq ft) for $1,968, suitable for larger households.
Average rent in Baltimore City, MD
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,643 | 789 sq. ft. |
| Studio | $1,322 | 459 sq. ft. |
| 1 Bed | $1,551 | 693 sq. ft. |
| 2 Beds | $1,736 | 944 sq. ft. |
| 3 Beds | $1,968 | 1,118 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 (42%) 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?
Frankford $1,016/month
Irvington $1,066/month
Reservoir Hill $1,066/month
All of these neighborhoods fall below the city wide average of $1,643/month.Most expensive neighborhoods in Baltimore City?
Canton Industrial Area $2,306/month
Otterbein $2,606/month
Fells Point $2,607/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Baltimore City, MD By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Fells Point | $2,607 |
| Otterbein | $2,606 |
| Canton Industrial Area | $2,306 |
| Canton | $2,288 |
| Middle East | $2,203 |
| South Baltimore | $2,188 |
| Washington Hill | $2,184 |
| Tuscany - Canterbury | $2,142 |
| Downtown West Baltimore | $2,059 |
| Charles Village | $1,920 |
| Roland Park | $1,868 |
| Bolton Hill | $1,828 |
| Hampden | $1,784 |
| Mid - Town Belvedere | $1,759 |
| Cross Country | $1,690 |
| Downtown Baltimore | $1,667 |
| Mount Vernon | $1,554 |
| Fallstaff | $1,528 |
| Cheswolde | $1,519 |
| Westgate | $1,472 |
| University of Maryland | $1,455 |
| Beechfield | $1,425 |
| Franklintown | $1,406 |
| Wakefield | $1,397 |
| Oldtown | $1,336 |
| Rosemont East | $1,287 |
| Hamilton Hills | $1,259 |
| Lakeland | $1,257 |
| New Northwood | $1,252 |
| Ten Hills | $1,150 |
| Woodbourne Heights | $1,115 |
| Central Park Heights | $1,109 |
| Glenham - Belhar | $1,086 |
| East Arlington | $1,077 |
| Reservoir Hill | $1,066 |
| Irvington | $1,066 |
| Frankford | $1,016 |
Baltimore City | Rent Comparison by Neighborhood
Rent in Beechfield is 22% lower than in Bolton Hill
Beechfield rent is 13% lower than Baltimore City average
Bolton Hill rent is 11% higher than Baltimore City average
How Baltimore City Compares to Other Cities
| City | Average Rent |
|---|---|
| Baltimore City | $1,643 |
| Silver Spring | $1,944 |
| Rockville | $2,352 |
| Hyattsville | $1,906 |
| Laurel | $1,949 |
| Columbia | $2,162 |
| Frederick | $1,925 |
| Annapolis | $2,282 |
| Gaithersburg | $2,011 |
| Bethesda | $2,826 |
| Elkridge | $2,192 |
| Glen Burnie | $1,690 |
| Ellicott City | $2,144 |
| Edgewood, MD | $1,424 |
| Odenton, MD | $2,360 |
| Pasadena, MD | $2,290 |
| Jessup, MD | $2,109 |
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.