Nine East 33rd
9 E 33rd St,
Baltimore, MD 21218
3-4 Beds | $1,329 - $1,665
Rental Market Trends in Baltimore, MD
What is the average rent in Baltimore, MD?
$1,472/month
Average Rent
691 Sq Ft
Average Apartment Size
+1.9%
Increase in the Last Year
As of January 2025, the average rent in Baltimore, MD is $1,472 per month. For comparison, the national average rent price in the US is currently $1,554/month, which means Baltimore rent prices are 5% lower than the national average. When you rent an apartment in Baltimore, you can expect to pay about $1,315 per month for a studio, $1,472 for a one-bedroom apartment, and around $1,600 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,837 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Baltimore, MD?
In the past year, rent has increased by 1.9%, which averages out to $29 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2025
Legend
2024
2025
Rent Ranges in Baltimore, MD
Last Updated January 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
1%
Below $700/month
18%
$700 - $1,000/month
47%
$1,001 - $1,500/month
23%
$1,501 - $2,000/month
11%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Baltimore?
Based on current rent prices, West Baltimore City, Northeast Baltimore City and Northwest Baltimore City are the most affordable neighborhoods in Baltimore.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Baltimore?
Based on current rent prices, Harbor East, Locust Point and Fells Point are the most expensive neighborhoods in Baltimore.
Neighborhood
Average Rent
Average Sq Ft
Which Baltimore neighborhoods have the most rentals available?
The neighborhoods in Baltimore with the most apartments available are Downtown Baltimore, Canton and Federal Hill .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Baltimore, MD?
Because the average rent in Baltimore is $1,472, you’ll want to make about $4,906 per month or $58,872 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Baltimore, MD compare to other nearby cities and neighborhoods?
Use the tool below to compare Baltimore, MD to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,086/month
$909/month
One Bedroom
$1,125/month
$1,060/month
Two Bedroom
$1,276/month
$1,252/month
Three Bedroom
$1,614/month
$1,560/month
Nearby City Rent Trends
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WPM Real Estate Management
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54
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9,898
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24
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Bozzuto
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357
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109,587
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Apartment Services
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Morgan Properties
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315
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95,057
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193
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Maryland Management
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34
Communities
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8,701
Units
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14
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10 Communities in Baltimore
Atlantic Realty Management
-
10
Communities
-
1,761
Units
-
2
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10 Communities in Baltimore
Greystar
-
3,226
Communities
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892,125
Units
-
829
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8 Communities in Baltimore
Southern Management Companies
-
57
Communities
-
22,000
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32
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.