Average Rent in Baltimore, MD
Baltimore offers affordable urban living with easy access to DC. The Inner Harbor, Johns Hopkins, and a growing food scene make it attractive while rents stay well below neighboring Washington.
+1.2%YoY
Studio
$1,000
1-Bedroom
$1,250
2-Bedroom
$1,500
3-Bedroom
$1,850
Market Overview
Year-over-Year Change+1.2%
Vacancy Rate7.5%
Renter Population54%
Median Income$52,164/yr
Rent-to-Income Ratio28.8%
Cost of Living Index92 (US avg: 100)
Market Condition
Balanced Market
Market is relatively balanced between landlords and tenants.
Tenant Protections
- Baltimore rent court handles disputes
- Security deposit limited to 2 months rent
- Deposit return within 45 days
- Lead paint disclosure required
- Right to organize tenant associations
Rent by Neighborhood in Baltimore
Federal Hill
Harbor views, Cross Street Market, and vibrant nightlife.
Walk Score: 85Safety: 7/10
1-Bed
$1,450
2-Bed
$1,750
3-Bed
$2,150
Canton
Waterfront square with restaurants, shops, and row homes.
Walk Score: 78Safety: 7/10
1-Bed
$1,400
2-Bed
$1,700
3-Bed
$2,100
Hampden
Quirky 36th Street (The Avenue) with local shops and cafes.
Walk Score: 70Safety: 7/10
1-Bed
$1,150
2-Bed
$1,400
3-Bed
$1,750
Mount Vernon
Cultural district with Walters Art Museum, Peabody, and historic architecture.
Walk Score: 90Safety: 6/10
1-Bed
$1,200
2-Bed
$1,450
3-Bed
$1,800
Tips for Renting in Baltimore
- 1MARC train connects Baltimore to DC in 45 minutes for commuters
- 2Baltimore is significantly cheaper than DC with similar amenities
- 3Safety varies dramatically by neighborhood - research thoroughly
- 4Many row homes have been converted to apartments - charming but check for maintenance issues
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