Mount Vernon, Baltimore City, Baltimore City County, MD Rental Market Trends
Last updated: April 16, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Mount Vernon is $1,534, a 3.08% decrease compared to the previous year, when the average rent was $1,583.
Studio Apartments at $1,276 offer the most budget-friendly option with 437 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 646 square feet for $1,507, balancing privacy and affordability.
Two-beedroom units at $1,902 offer 986 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,293 sq ft) for $2,208, suitable for larger households.
Average rent in Mount Vernon, Baltimore City, Baltimore City County, MD
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,534 | 680 sq. ft. |
| Studio | $1,276 | 437 sq. ft. |
| 1 Bed | $1,507 | 646 sq. ft. |
| 2 Beds | $1,902 | 986 sq. ft. |
| 3 Beds | $2,208 | 1,293 sq. ft. |
Mount Vernon, Baltimore City, Baltimore City County, MD rent trends
Rental prices in Mount Vernon, Baltimore City, Baltimore City County, MD have decreased by 3.08% over the past year. The average rent moved from $1,583 to $1,534.
What's the typical rent budget in Mount Vernon, Baltimore City, Baltimore City County, MD?
The largest share of rentals in Mount Vernon, Baltimore City, Baltimore City County, MD (49%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Mount Vernon, Baltimore City, Baltimore City County, MD?
1,407 or 85% of the households in Mount Vernon, Baltimore City, Baltimore City County, MD are renter-occupied while 247 or 15% are owner-occupied.
Most affordable neighborhoods in Mount Vernon?
Frankford $1,040/month
West Hills $1,064/month
Reservoir Hill $1,091/month
All of these neighborhoods fall below the city wide average of $1,650/month.Most expensive neighborhoods in Mount Vernon?
Fells Point $2,569/month
Otterbein $2,574/month
Inner Harbor $2,639/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 | $2,639 |
| Otterbein | $2,574 |
| Fells Point | $2,569 |
| Canton Industrial Area | $2,306 |
| Canton | $2,301 |
| Riverside | $2,290 |
| Middle East | $2,255 |
| South Baltimore | $2,208 |
| Washington Hill | $2,192 |
| Tuscany - Canterbury | $2,108 |
| Downtown West Baltimore | $2,053 |
| Roland Park | $2,002 |
| Charles Village | $2,000 |
| Locust Point Industrial Area | $1,918 |
| Bolton Hill | $1,801 |
| Hampden | $1,789 |
| Mid - Town Belvedere | $1,741 |
| Cross Country | $1,721 |
| Downtown Baltimore | $1,646 |
| Fallstaff | $1,540 |
| Mount Vernon | $1,534 |
| Cheswolde | $1,491 |
| Westgate | $1,482 |
| Beechfield | $1,459 |
| University of Maryland | $1,451 |
| Franklintown | $1,430 |
| Wakefield | $1,427 |
| Brooklyn | $1,370 |
| Oldtown | $1,368 |
| Loch Raven | $1,365 |
| Cylburn | $1,349 |
| Glen | $1,340 |
| Lakeland | $1,287 |
| Hamilton Hills | $1,285 |
| Rosemont East | $1,284 |
| Madison Park | $1,270 |
| New Northwood | $1,232 |
| Ten Hills | $1,221 |
| West Forest Park | $1,147 |
| Pen Lucy | $1,143 |
| Woodbourne Heights | $1,143 |
| Central Park Heights | $1,109 |
| East Arlington | $1,103 |
| Glenham - Belhar | $1,092 |
| Irvington | $1,092 |
| Reservoir Hill | $1,091 |
| West Hills | $1,064 |
| Frankford | $1,040 |
Baltimore City | Rent Comparison by Neighborhood
Rent in Mount Vernon is 5% higher than in Beechfield
Mount Vernon rent is the same as Baltimore City average
Beechfield rent is 5% lower than Baltimore City average
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 Mount Vernon 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.