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Average Rent in Baltimore, MD & Rent Trends

Rent prices and market trends across 6 apartment communities in Baltimore, MD. Updated daily.

Market Average

$2,937/mo

▲ +17.7% from last month

Lowest Available

$2,231/mo

cheapest unit on market

Communities

6

tracked daily

Units Listed

59

available now

Price Cuts This Week in Baltimore, MD

35 listed units across 3 buildings offering 2 bed units in Baltimore, MD dropped their asking rent in the past 7 days, an average cut of $298/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Avalon 555 President Unit 26 $4,235 $2,715 $1,520
Avalon 555 President Unit 27 $4,676 $3,245 $1,431
Avalon 555 President Unit 28 $4,750 $3,360 $1,390
Avalon 555 President Unit 25 $3,985 $2,620 $1,365
Avalon 555 President Unit 24 $3,525 $2,615 $910
Anthem House Unit 1 Bedroom + 1 Bath $2,677 $2,365 $312
101 Cross Street Unit 12, Q $2,494 $2,231 $263
Avalon 555 President Unit 22 $2,770 $2,600 $170
See today's prices on all 59 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 $3,152 ▼  $349 $2,269 2 12
Penn-Fallsway $2,648 ▲  $436 $2,025 1 29
Westport $2,470 ▲  $198 $1,672 5 127
Bromo Arts District $2,164 $0 $1,324 2 7

Is Rent Going Up or Down in Baltimore, MD?

As of August 2026, the average rent in Baltimore, MD is $2,937 per month across 6 apartment communities and 59 available units. Rents have increased $449 (17.7%) over the past month.

The most affordable option is 101 Cross Street starting at $2,231/mo. By unit type, a 2-bedroom averages $2,937/mo.

Prices range from $2,231 to $7,154 per month. The most common price point is the $2,600 range, where 19 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 $2,840 -$12 7
August 2026 $2,980 +$140 6

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

2 Bed
$2,937
from $2,231 · 59 units

Rent Prices by Apartment in Baltimore, MD

Property Starting at Average Units Rating
101 Cross Street $2,231/mo $2,517/mo 8 4.6
The Quill by Alta $2,499/mo $2,727/mo 41 4.6
Avalon 555 President $3,245/mo $3,468/mo 3 4.4
Anthem House $3,412/mo $5,283/mo 2 4.6
Allied Harbor Point $3,668/mo $3,795/mo 4 4.5
Liberty Harbor East $5,206/mo $5,206/mo 1 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 $2,937 per month as of August 2026, based on 59 units across 6 apartment communities.

Is rent going up or down in Baltimore, MD?

Rent in Baltimore, MD has increased $449 (17.7%) over the past month. The current average is $2,937/mo.

What is the cheapest apartment in Baltimore, MD?

The most affordable apartment in Baltimore, MD is 101 Cross Street with units starting at $2,231/mo.

How many apartments are available in Baltimore, MD?

There are 59 units available across 6 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

$117,000/year

Based on the 30 percent rule, using our tracked average rent of $2,937/mo.

Comfortable income

$141,000/year

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

To afford the cheapest tracked apartment ($2,231/mo), you need to earn at least $89,000/year.

Median household income in Baltimore, MD is $59,623 , about 58% 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) $2,937
Utilities $502
Groceries $548
Transportation $1,198
Healthcare $584
Other goods and services $935
Estimated total $6,704/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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