Rentable.co has 4 apartments available for rent in 21226.
The average rent for an apartment in 21226 is around $1,410 per month.
Welcome to the April 2024 Baltimore Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Baltimore rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Baltimore and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Baltimore average rent prices in the chart below.
Baltimore rent prices increased over the last month. From March to April, the city experienced a 0.59% increase for the price of a one-bedroom apartment. The rent price for a Baltimore one-bedroom apartments currently stands at $1,364.0.
When we take a look at the two-bedroom comparison from March to April, Baltimore experienced a -0.13% decrease for the price of a two-bedroom apartment. The rent price for a Baltimore two-bedroom apartments currently stands at $1,535.0.
Rent prices have increased in Baltimore over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Baltimore suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rent increased in Owings Mills, MD, Columbia, MD, Cockeysville, MD .
Rent decreased in Glen Burnie, MD, Towson, MD, Essex, MD.
4 suburbs are currently priced higher than the city of Baltimore.
2 suburbs are currently priced lower than the city of Baltimore.
Rent growth in Baltimore over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Baltimore average rent prices appear to be relatively affordable for local residents.
The price for a Baltimore one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
For more information about Baltimore and surrounding area rent prices, take a look at the complete data set below.
| 1 BR April | 1 BR M/M % Change | 2 BR April | 2 BR M/M % Change | |
|---|---|---|---|---|
| Baltimore, MD | $1,356.0 | 0.44% | $1,537.0 | 0.00% |
| Glen Burnie, MD | $1,421.0 | 0.00% | $1,592.0 | 0.00% |
| Towson, MD | $1,710.0 | -0.52% | $2,080.0 | 0.53% |
| Owings Mills, MD | $1,533.0 | 1.19% | $1,952.0 | 2.36% |
| Columbia, MD | $1,871.0 | 0.05% | $2,110.0 | -0.33% |
| Cockeysville, MD | $1,347.0 | 0.67% | $1,565.0 | -0.26% |
| Essex, MD | $1,077.0 | 0.00% | $1,182.0 | 0.00% |
Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.