Last updated
Average Rent in Baltimore, MD & Rent Trends
Rent prices and market trends across 9 apartment communities in Baltimore, MD. Updated daily.
Market Average
$2,643/mo
▼ 16.2% from last month
Lowest Available
$1,324/mo
cheapest unit on market
Communities
9
tracked daily
Units Listed
136
available now
Price Cuts This Week in Baltimore, MD
28 listed units across 3 buildings in Baltimore, MD dropped their asking rent in the past 7 days, an average cut of $691/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Avalon 555 President | Unit 18 | $5,195 | $2,680 | $2,515 |
| Avalon 555 President | Unit 17 | $5,115 | $2,610 | $2,505 |
| Avalon 555 President | Unit 20 | $5,090 | $2,705 | $2,385 |
| Avalon 555 President | Unit 16 | $4,820 | $2,595 | $2,225 |
| Avalon 555 President | Unit 15 | $4,710 | $2,509 | $2,201 |
| Avalon 555 President | Unit 14 | $4,320 | $2,505 | $1,815 |
| Avalon 555 President | Unit 12 | $3,553 | $2,480 | $1,073 |
| Avalon 555 President | Unit 13 | $3,573 | $2,500 | $1,073 |
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 | $3,640 | ▼ $647 | $2,360 | 2 | 9 |
| Penn-Fallsway | $2,857 | ▼ $758 | $1,922 | 2 | 31 |
| Westport | $2,493 | ▼ $134 | $1,726 | 4 | 95 |
| Bromo Arts District | $1,324 | - | $1,324 | 1 | 1 |
Is Rent Going Up or Down in Baltimore, MD?
As of July 2026, the average rent in Baltimore, MD is $2,643 per month across 9 apartment communities and 136 available units. Rents have decreased $562 (16.2%) over the past month.
The most affordable option is Gallery Tower starting at $1,324/mo. By unit type, a studio averages $2,316/mo, a 1-bedroom averages $2,193/mo, a 2-bedroom averages $2,949/mo, a 3-bedroom averages $4,485/mo, a 4-bedroom averages $1,324/mo.
Prices range from $1,324 to $7,154 per month. The most common price point is the $2,400 range, where 25 units are currently listed.
Baltimore, MD Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| May 2026 | $2,213 | - | 5 |
| June 2026 | $2,852 | +$639 | 6 |
| July 2026 | $2,481 | -$371 | 9 |
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Baltimore, MD
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 | $1,950/mo | 7 | 4.7 |
| The Quill by Alta | $1,739/mo | $2,523/mo | 67 | 4.6 |
| 101 Cross Street | $1,774/mo | $2,273/mo | 17 | 4.6 |
| Luminary at One Light | $1,922/mo | $3,018/mo | 4 | 4.8 |
| Anthem House | $2,147/mo | $3,873/mo | 4 | 4.6 |
| Avalon 555 President | $2,171/mo | $2,833/mo | 27 | 4.4 |
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 much is a 1-bedroom 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
$106,000/year
Based on the 30 percent rule, using our tracked average rent of $2,643/mo.
Comfortable income
$127,000/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 53% 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) | $2,643 |
| Utilities | $502 |
| Groceries | $548 |
| Transportation | $1,198 |
| Healthcare | $584 |
| Other goods and services | $935 |
| Estimated total | $6,410/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.
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 9 communities with daily-updated pricing and availability.