Average Rent in 21202, Baltimore, MD

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Current Versus Historical 21202, Baltimore, MD Rents

21202 rentals average $975 for a studio rental to $1,990 for a 4-bedroom rental. The median price of all currently available listings is $1,500, or roughly $24 per square feet.
For the apartment units and housing in June 2023, median rents have fallenover the last year. Studio rentals prices have decreased by $541 (-34.83%) year-over-year from $1,554 to $1,013. 1-bedroom rentals prices have decreased by $73 (-5.34%) year-over-year from $1,373 to $1,300. 2-bedroom rentals prices have decreased by $346 (-15.77%) year-over-year from $2,196 to $1,850. 3-bedroom rentals prices have decreased by $170 (-5.91%) year-over-year from $2,870 to $2,700. 4-bedroom rentals prices have increased by $690 (32.86%) year-over-year from $2,100 to $2,790. 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 14.80% this month. 1-bedroom rents have gone up by 0.13% this month. 2-bedroom rents have gone down by 8.90% this month. 3-bedroom rents have gone up by 4.02% this month. 4-bedroom rents have gone up by 45.82% this month.
Beds
Price / Sqft
Jun 2023 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $33 $1,013 $1,554 (-34.83%) $949 (6.67%)
1 BR $22 $1,300 $1,373 (-5.34%) $1,118 (16.26%)
2 BR $25 $1,850 $2,196 (-15.77%) $1,358 (36.23%)
3 BR $23 $2,700 $2,870 (-5.91%) $1,748 (54.43%)
4+ BR $12 $2,790 $2,100 (32.86%) $2,475 (12.73%)

Historical Rents in 21202, Baltimore, MD

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 21202

There are a total of 3 cities nearby 21202. The average rent in 21202 is currently $2,122 per month. Our records show that Baltimore, MD, with an average rent of $1,600, is the most affordable city nearby. In contrast, the most expensive city near 21202, Baltimore, MD is Columbia, MD. Monthly rents here are on average $2,150 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 2.56% more affordable than other cities nearby. One bedrooms are about 15.38% more affordable. Two bedrooms in 21202, Baltimore, MD are about 1.63% more expensive. Finally, rent for three bedrooms are about 1.12% more expensive. Want more information? Check out the top 3 cities near 21202, Baltimore, MD in the following chart.
City Studio 1 Bed 2 Bed All
Baltimore, MD $1,000 $1,200 $1,600 $1,600
Towson, MD $1,572 $1,853 $2,279 $2,122
Columbia, MD N/A $1,500 $1,845 $2,150

Top Neighborhoods Near 21202

There are a total of 5 neighborhoods in or near 21202. Some of these neighborhoods include Mount Vernon, Mid-Town Belvedere, and Charles Village. We've included all of these top 5 neighborhoods in or near 21202, Baltimore, MD in the following chart.

The average rent for these 5 neighborhoods in or near 21202, Baltimore, MD is currently around $1,350 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $1,350. Out of all the neighborhoods in or near 21202, Mount Vernon has the most affordable average rent at $1,265 per month. Whereas, at $2,519 average rent per month, Canton is the most expensive neighborhood in or near 21202. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Mount Vernon, Baltimore, MD $987 $1,200 $1,754 $1,265
Mid-Town Belvedere, Baltimore, MD $975 $1,300 $1,875 $1,300
Charles Village, Baltimore, MD $850 $1,200 $1,700 $1,350
Downtown Baltimore, Baltimore, MD $1,049 $1,290 $1,693 $1,520
Canton, Baltimore, MD N/A $1,922 $2,550 $2,519

Top Counties Near 21202

There are a total of 5 counties located by 21202, Baltimore, MD. The average rent for rentals in these counties is $1,847. That's roughly around $20 per sqft. The county that is the most affordable is Baltimore, MD. It's average rent per month is $1,600. Vice versa, with an average rent of $2,094, Baltimore, MD is the most expensive county by 21202, Baltimore, MD.

Typically, rent for studios in 21202, Baltimore, MD is 31.87% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 21202, Baltimore, MD is 14.69% more affordable than other counties nearby. Finally, rent for two bedrooms in 21202, Baltimore, MD is 0.37% more expensive than other counties nearby. We've listed the top 2 counties in the chart below.
County Studio 1 Bed 2 Bed All
Baltimore, MD $1,000 $1,200 $1,600 $1,600
Baltimore, MD $1,572 $1,782 $2,136 $2,094

Top Zipcodes Near 21202

There are a total of 14 zipcodes in or near 21202, Baltimore, MD. The average rent for all of these zipcodes is $1,541. A total of 6 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 21201, Baltimore, MD at $1,337 per month. In comparison, the zipcode with the most expensive average rent of $2,140 per month is 21204, Towson, MD.

Studios in these zipcodes have an average rent of $950. That's at least $25 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 $1,195 per month. Or in other words, $19 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,586 per month. Which comes out to $18 per sqft. The following chart includes the top 10 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 N/A $1,781 $1,800 $2,000
21204, Towson, MD N/A $1,867 $2,279 $2,140
21230, Baltimore, MD $2,525 $1,500 $1,850 $2,000
21217, Baltimore, MD $1,000 $1,195 $1,400 $1,450
21218, Baltimore, MD $875 $1,195 $1,650 $1,500
21201, Baltimore, MD $1,049 $1,290 $1,695 $1,337
21231, Baltimore, MD $1,095 $1,175 $1,748 $1,538
21216, Baltimore, MD $1,600 $945 $1,100 $1,500
21215, Baltimore, MD N/A $875 $1,250 $1,600
21212, Baltimore, MD $1,725 $1,350 $1,425 $1,637

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 $1,500. 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 $975 and an average price per square feet of $32.54. There are a total of 30 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 $1,300 and an average price per square feet of $22.11. There are a total of 80 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 $1,875 and an average price per square feet of $25.20. There are a total of 48 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 -0.35%, one bedroom rental prices have changed by -0.05%, two bedroom rental prices have changed by -0.16%, and three bedroom rental prices have changed by -0.06% year-over-year.
What is a reasonable rent price in 21202, Baltimore, MD?
A reasonable rent price in 21202, Baltimore, MD is around $1,200/month. You can search for these reasonably priced rental listings on RentHop.
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