Foundry by the Park
7003 Dunmanway,
Dundalk, MD 21222
1-2 Beds | $870 - $1,345
Rental Market Trends in Dundalk, MD
What is the average rent in Dundalk, MD?
$1,066/month
Average Rent
650 Sq Ft
Average Apartment Size
-1.2%
Decrease in the Last Year
As of December 2024, the average rent in Dundalk, MD is $1,066 per month. This is 32% lower than the national average rent of $1,560/month, making renting in Dundalk more affordable than most cities in the US. When you rent an apartment in Dundalk, you can expect to pay about $949 per month for a studio, $1,066 for a one-bedroom apartment, and around $1,234 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,509 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 Dundalk, MD?
In the past year, rent has decreased by 1.2%, which averages out to $12 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Dundalk, MD
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
35%
$700 - $1,000/month
50%
$1,001 - $1,500/month
15%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Dundalk?
Based on current rent prices, Saint Helena and Port of Baltimore-Dundalk" are the most affordable neighborhoods in Dundalk.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Dundalk?
Based on current rent prices, Port of Baltimore-Dundalk and Saint Helena" are the most expensive neighborhoods in Dundalk.
Neighborhood
Average Rent
Average Sq Ft
Which Dundalk neighborhoods have the most rentals available?
The neighborhoods in Dundalk with the most apartments available are Port of Baltimore-Dundalk and Saint Helena" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Dundalk, MD?
Because the average rent in Dundalk is $1,066, you’ll want to make about $3,553 per month or $42,636 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 Dundalk, MD compare to other nearby cities and neighborhoods?
Use the tool below to compare Dundalk, 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
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
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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.