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Average Rent in Baltimore, MD & Rent Trends

Rent prices and market trends across 10 apartment communities in Baltimore, MD. Updated daily.

Market Average

$2,596/mo

▼ 0.8% from last month

Lowest Available

$1,324/mo

cheapest unit on market

Communities

10

tracked daily

Units Listed

159

available now

Price Cuts This Week in Baltimore, MD

19 listed units across 8 buildings in Baltimore, MD dropped their asking rent in the past 7 days, an average cut of $395/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Anthem House Unit 2 Bedroom + 2 Bath $7,154 $3,694 $3,460
101 Cross Street Unit 3, C $2,247 $1,737 $510
101 Cross Street Unit 6, H $2,405 $1,914 $491
101 Cross Street Unit 4, E $2,536 $2,088 $448
101 Cross Street Unit 8, K $2,657 $2,209 $448
101 Cross Street Unit 5, F $2,309 $1,864 $445
101 Cross Street Unit 7, J $2,569 $2,124 $445
Liberty Harbor East Unit Studio-0A, Studio-0A $2,337 $1,995 $342
See today's prices on all 159 listed units

Rent by Neighborhood in Baltimore, MD

Compare average rent across Baltimore, MD neighborhoods. Click any area to see detailed trends.

Neighborhood Avg Rent 30d Change From Properties Units
Upper Fells Point $3,633 ▲  $333 $1,995 2 13
Penn-Fallsway $2,684 ▲  $659 $1,891 2 30
Westport $2,467 ▼  $179 $1,726 5 115
Bromo Arts District $1,324 $0 $1,324 1 1

Is Rent Going Up or Down in Baltimore, MD?

As of August 2026, the average rent in Baltimore, MD is $2,596 per month across 10 apartment communities and 159 available units. Rents have decreased $21 (0.8%) over the past month.

The most affordable option is Gallery Tower starting at $1,324/mo. By unit type, a studio averages $2,238/mo, a 1-bedroom averages $2,244/mo, a 2-bedroom averages $3,009/mo, a 3-bedroom averages $4,079/mo, a 4-bedroom averages $1,324/mo.

Prices range from $1,324 to $5,245 per month. The most common price point is the $2,000 range, where 36 units are currently listed.

Baltimore, MD Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
May 2026 $2,213 - 5
June 2026 $2,852 +$639 6
July 2026 $2,693 -$159 9
August 2026 $2,773 +$80 10

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Baltimore, MD

Studio
$2,238
from $1,824 · 43 units
1 Bed
$2,244
from $1,726 · 50 units
2 Bed
$3,009
from $2,499 · 58 units
3 Bed
$4,079
from $3,730 · 7 units
4 Bed
$1,324
from $1,324 · 1 units

Rent Prices by Apartment in Baltimore, MD

Property Starting at Average Units Rating
Gallery Tower $1,324/mo $1,324/mo 1 4
1111 Light Street Apartments $1,726/mo $2,070/mo 8 4.7
101 Cross Street $1,737/mo $2,348/mo 14 4.6
The Quill by Alta $1,820/mo $2,585/mo 63 4.6
Alta Federal Hill $1,824/mo $2,317/mo 26 4.5
Avalon 555 President $1,891/mo $2,595/mo 25 4.4
Liberty Harbor East $1,995/mo $3,658/mo 4 4.8

Frequently Asked Questions About Rent in Baltimore, MD

What is the average rent in Baltimore, MD?

The average rent in Baltimore, MD is $2,596 per month as of August 2026, based on 159 units across 10 apartment communities.

Is rent going up or down in Baltimore, MD?

Rent in Baltimore, MD has decreased $21 (0.8%) over the past month. The current average is $2,596/mo.

What is the cheapest apartment in Baltimore, MD?

The most affordable apartment in Baltimore, MD is Gallery Tower with units starting at $1,324/mo.

How much is a 1-bedroom apartment in Baltimore, MD?

A 1-bedroom apartment in Baltimore, MD averages $2,244/mo, with prices starting at $1,726/mo across 50 available units.

How many apartments are available in Baltimore, MD?

There are 159 units available across 10 apartment communities in Baltimore, MD.

What salary do I need to live comfortably in Baltimore, MD?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$104,000/year

Based on the 30 percent rule, using our tracked average rent of $2,596/mo.

Comfortable income

$125,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,324/mo), you need to earn at least $53,000/year.

Median household income in Baltimore, MD is $59,623 , about 52% below the comfortable-living threshold.

Cost of living in Baltimore, MD

Overall prices in Baltimore, MD runs above the national average by about 3% (BEA Regional Price Parity index 103.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Baltimore, MD's regional price parities.

Category Monthly estimate
Rent (market average) $2,596
Utilities $502
Groceries $548
Transportation $1,198
Healthcare $584
Other goods and services $935
Estimated total $6,363/mo

Population

577,193

Median household income

$59,623

Census median rent

$1,290/mo

Rent as % of income

32.1%

Median age

36.1

Mean commute

29 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Explore Baltimore, MD Apartments

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