Last updated
Average Rent in Baltimore, MD & Rent Trends
Rent prices and market trends across 21 apartment communities in Baltimore, MD. Updated daily.
Market Average
$2,763/mo
Lowest Available
$1,231/mo
cheapest unit on market
Communities
21
tracked daily
Units Listed
96
available now
Rent Watch: cuts and increases
Open Rent Watch →12 cuts and 5 increases among 27 comparable listings this week. Filter by bedrooms and budget, then inspect each building’s history.
- Anthem House
↓ $341/mo
Cut of 11.8% · Unit A-307
- Luminary at One Light
↑ $260/mo
Increase of 8.3% · Unit 1111A
- Alta Federal Hill
↓ $68/mo
Cut of 2.3% · Unit 619
Rent by Neighborhood in Baltimore, MD
Compare average rent across Baltimore, MD neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Upper Fells Point | $3,193 | - | $2,376 | 2 | 22 |
| Penn-Fallsway | $2,525 | ▼ $846 | $1,250 | 6 | 56 |
| Westport | $1,964 | ▼ $454 | $772 | 8 | 141 |
| Shipley Hill | $1,959 | - | $1,299 | 1 | 10 |
| Bromo Arts District | $1,906 | ▼ $501 | $973 | 13 | 114 |
Is Rent Going Up or Down in Baltimore, MD?
As of October 2026, the average rent in Baltimore, MD is $2,763 per month across 21 apartment communities and 96 available units.
The most affordable option is Mulberry at Park Apartments starting at $1,231/mo. By unit type, a 2-bedroom averages $2,763/mo.
Prices range from $1,231 to $5,235 per month. The most common price point is the $2,400 range, where 15 units are currently listed.
Baltimore, MD Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| May 2026 | $2,213 | - | 5 |
| June 2026 | $2,355 | +$142 | 5 |
| July 2026 | $2,999 | +$644 | 7 |
| August 2026 | $2,814 | -$185 | 7 |
| September 2026 | $2,762 | -$52 | 8 |
| October 2026 | $2,399 | -$363 | 20 |
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.
Rent Price Distribution
Rent by Bedroom Type in Baltimore, MD
Rent Prices by Apartment in Baltimore, MD
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Mulberry at Park Apartments | $1,231/mo | $1,356/mo | 5 | 3.5 |
| The Lenore | $1,250/mo | $1,250/mo | 1 | 4 |
| The 305 Apartments | $1,500/mo | $2,069/mo | 4 | 1 |
| 101 Wells Apartments | $1,550/mo | $1,550/mo | 1 | 2.7 |
| The Munsey | $1,715/mo | $1,715/mo | 1 | 3.3 |
| Park Charles | $1,906/mo | $2,879/mo | 4 | 3.6 |
| 39 West Lexington | $1,906/mo | $2,879/mo | 4 | 4.1 |
Frequently Asked Questions About Rent in Baltimore, MD
What is the average rent in Baltimore, MD?
Is rent going up or down in Baltimore, MD?
What is the cheapest apartment in Baltimore, MD?
How many apartments are available 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
$111,000/year
Based on the 30 percent rule, using our tracked average rent of $2,763/mo.
Comfortable income
$133,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,231/mo), you need to earn at least $49,000/year.
Median household income in Baltimore, MD is $59,623 , about 55% 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) | $2,763 |
| Utilities | $502 |
| Groceries | $548 |
| Transportation | $1,198 |
| Healthcare | $584 |
| Other goods and services | $935 |
| Estimated total | $6,530/mo |
Population
577,193
Median household income
$59,623
Census median rent
$1,290/mo
Census rent burden
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.
Google Search Trends for Baltimore, MD Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Baltimore, MD Apartments
Browse all 21 communities with daily-updated pricing and availability.