Average Rent in 21202, Baltimore, MD

Current Versus Historical 21202, Baltimore, MD Rents

21202 rentals average $1,085 for a studio rental to $5,075 for a 4-bedroom rental. The median price of all currently available listings is $1,950, or roughly $2 per square feet.

For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $205 (-16.99%) year-over-year from $1,205 to $1,000. 1-bedroom rentals prices have decreased by $32 (-2.47%) year-over-year from $1,282 to $1,250. 2-bedroom rentals prices have decreased by $162 (-7.17%) year-over-year from $2,262 to $2,100. 3-bedroom rentals prices have decreased by $46 (-1.88%) year-over-year from $2,421 to $2,375. 4-bedroom rentals prices have increased by $1,005 (62.81%) year-over-year from $1,600 to $2,605. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 8.95% this month. 1-bedroom rents have gone down by 7.12% this month. 2-bedroom rents have gone up by 0.80% this month. 3-bedroom rents have gone up by 7.55% this month. 4-bedroom rents have gone down by 2.24% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.00	$1,000	$1,205 (-16.99%)	$1,061 (-5.70%)
1 BR	$1.98	$1,250	$1,282 (-2.47%)	$1,142 (9.51%)
2 BR	$2.05	$2,100	$2,262 (-7.17%)	$1,632 (28.65%)
3 BR	$1.58	$2,375	$2,421 (-1.88%)	$2,046 (16.10%)
4+ BR	$1.06	$2,605	$1,600 (62.81%)	$2,280 (14.25%)

Historical Rents in 21202, Baltimore, MD

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 21202

There are a total of 2 cities nearby 21202. The average rent in 21202 is currently $1,898 per month. Only one city nearby has an average rent lower than that. Our records show that Baltimore, MD, with an average rent of $1,800, is the most affordable city nearby. In contrast, the most expensive city near 21202, Baltimore, MD is Towson, MD. Monthly rents here are on average $1,995 per month.

Let's compare 21202, Baltimore, MD's rent against other top cities nearby by bedroom size. Typically, rent for studios in 21202, Baltimore, MD is 32.40% more affordable than other cities nearby. One bedrooms are about 10.88% more affordable. Two bedrooms in 21202, Baltimore, MD are about 10.40% more expensive. Finally, rent for three bedrooms are about 20.37% more expensive. Want more information? Check out the top 2 cities near 21202, Baltimore, MD in the following chart.

City	Studio	1 Bed	2 Bed	All
Baltimore, MD	$1,400	$1,400	$1,700	$1,800
Towson, MD	$1,473	$1,705	$2,063	$1,995

Top Neighborhoods Near 21202

There are a total of 1 neighborhoods in or near 21202. We've included all of these top 1 neighborhoods in or near 21202, Baltimore, MD in the following chart.

The average rent for these 1 neighborhoods in or near 21202, Baltimore, MD is currently around $1,638 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near 21202, Downtown Baltimore has the most affordable average rent at $1,638 per month. Whereas, at $1,638 average rent per month, Downtown Baltimore is the most expensive neighborhood in or near 21202. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Downtown Baltimore, Baltimore, MD	$2,675	$1,400	$1,775	$1,638

Top Counties Near 21202

There are a total of 1 counties located by 21202, Baltimore, MD. The average rent for rentals in these counties is $1,959. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Baltimore, MD. It's average rent per month is $1,800. Vice versa, with an average rent of $2,117, Baltimore, MD is the most expensive county by 21202, Baltimore, MD.

Typically, rent for studios in 21202, Baltimore, MD is 29.03% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 21202, Baltimore, MD is 8.93% more affordable than other counties nearby. Finally, rent for two bedrooms in 21202, Baltimore, MD is 10.74% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Baltimore, MD	$1,400	$1,400	$1,700	$1,800
Baltimore, MD	$1,400	$1,650	$2,049	$2,117

Top Zipcodes Near 21202

There are a total of 6 zipcodes in or near 21202, Baltimore, MD. The average rent for all of these zipcodes is $2,005. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 21217, Baltimore, MD at $1,600 per month. In comparison, the zipcode with the most expensive average rent of $2,300 per month is 21230, Baltimore, MD.

Studios in these zipcodes have an average rent of $700. That's at least $1 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 21202, Baltimore, MD is $1,574 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,850 per month. Which comes out to $2 per sqft. The following chart includes the top 6 zipcodes in 21202, Baltimore, MD. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
21224, Baltimore, MD	$1,525	$1,816	$1,850	$2,100
21204, Towson, MD	N/A	$1,674	$2,117	$2,010
21230, Baltimore, MD	$1,400	$1,750	$1,850	$2,300
21217, Baltimore, MD	N/A	$1,475	$1,650	$1,600
21201, Baltimore, MD	$2,675	$1,395	$1,698	$1,650
21231, Baltimore, MD	N/A	$1,350	$1,900	$2,000

Frequently Asked Questions - 21202 Average Rents

What is the average rent price in 21202, Baltimore, MD?

The average monthly rental price for 21202, Baltimore, MD apartments for rent is approximately $1,950. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 21202, Baltimore, MD rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 21202, Baltimore, MD.

How much is a studio apartment in 21202, Baltimore, MD?

The average monthly rental price for studio apartments is $1,085 and an average price per square feet of $2.00. There are a total of 2 studio apartment listings currently available for rent in 21202.

How much is a one bedroom apartment in 21202, Baltimore, MD?

The average monthly rental price for one bedroom apartments is $1,400 and an average price per square feet of $1.98. There are a total of 20 one bedroom apartment listings currently available for rent in 21202.

How much is a two bedroom apartment in 21202, Baltimore, MD?

The average monthly rental price for two bedroom apartments is $2,100 and an average price per square feet of $2.05. There are a total of 20 two bedroom apartment listings currently available for rent in 21202.

How have rent prices in 21202, Baltimore, MD changed this year?

Rent prices for rentals in 21202, Baltimore, MD can fluctuate yearly. Specifically, studio rental prices have changed by -0.17%, one bedroom rental prices have changed by -0.02%, two bedroom rental prices have changed by -0.07%, and three bedroom rental prices have changed by -0.02% year-over-year.

What is a reasonable rent price in 21202, Baltimore, MD?

A reasonable rent price in 21202, Baltimore, MD is around $1,560/month. You can search for these reasonably priced rental listings on RentHop.