Average Rent in 21218, Baltimore, MD

Current Versus Historical 21218, Baltimore, MD Rents

21218 rentals average $0 for a studio rental to $2,525 for a 4-bedroom rental. The median price of all currently available listings is $1,850, 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 $41 (-4.35%) year-over-year from $936 to $895. 1-bedroom rentals prices have increased by $50 (4.35%) year-over-year from $1,150 to $1,200. 2-bedroom rentals prices have increased by $21 (1.39%) year-over-year from $1,504 to $1,525. 3-bedroom rentals prices have increased by $250 (15.38%) year-over-year from $1,625 to $1,875. 4-bedroom rentals prices have increased by $460 (24.02%) year-over-year from $1,915 to $2,375. 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 2.54% this month. 1-bedroom rents have gone down by 0.35% this month. 2-bedroom rents have gone down by 2.10% this month. 3-bedroom rents have gone up by 7.91% this month. 4-bedroom rents have gone down by 13.90% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$0.60	$1,200	$1,150 (4.35%)	$1,033 (16.22%)
2 BR	$1.49	$1,525	$1,504 (1.39%)	$1,342 (13.66%)
3 BR	$1.58	$1,875	$1,625 (15.38%)	$1,514 (23.83%)
4+ BR	$1.53	$2,375	$1,915 (24.02%)	$2,525 (-5.94%)

Historical Rents in 21218, Baltimore, MD

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 21218

There are a total of 2 cities nearby 21218. The average rent in 21218 is currently $1,863 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 21218, Baltimore, MD is Towson, MD. Monthly rents here are on average $1,926 per month.

Let's compare 21218, Baltimore, MD's rent against other top cities nearby by bedroom size. Typically, rent for studios in 21218, Baltimore, MD is inf% more affordable than other cities nearby. One bedrooms are about 12.47% more affordable. Two bedrooms in 21218, Baltimore, MD are about 14.48% more affordable. Finally, rent for three bedrooms are about 13.16% more affordable. Want more information? Check out the top 2 cities near 21218, 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	$1,721	$2,078	$1,926

Top Neighborhoods Near 21218

There are a total of 1 neighborhoods in or near 21218. We've included all of these top 1 neighborhoods in or near 21218, Baltimore, MD in the following chart.

The average rent for these 1 neighborhoods in or near 21218, Baltimore, MD is currently around $1,600 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near 21218, Downtown Baltimore has the most affordable average rent at $1,600 per month. Whereas, at $1,600 average rent per month, Downtown Baltimore is the most expensive neighborhood in or near 21218. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Downtown Baltimore, Baltimore, MD	$2,675	$1,400	$1,700	$1,600

Top Counties Near 21218

There are a total of 1 counties located by 21218, Baltimore, MD. The average rent for rentals in these counties is $1,950. 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 $2,100, Baltimore, MD is the most expensive county by 21218, Baltimore, MD.

Typically, rent for studios in 21218, Baltimore, MD is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 21218, Baltimore, MD is 10.95% more affordable than other counties nearby. Finally, rent for two bedrooms in 21218, Baltimore, MD is 13.64% more affordable 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	$1,546	$1,679	$2,050	$2,100

Top Zipcodes Near 21218

There are a total of 6 zipcodes in or near 21218, Baltimore, MD. The average rent for all of these zipcodes is $1,965. 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 $2,380 per month is 21230, Baltimore, MD.

Studios in these zipcodes have an average rent of $1,243. 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 21218, Baltimore, MD is $1,580 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,861 per month. Which comes out to $2 per sqft. The following chart includes the top 6 zipcodes in 21218, 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	$1,841	$1,850	$2,050
21204, Towson, MD	N/A	$1,685	$2,130	$2,005
21230, Baltimore, MD	$1,400	$1,700	$1,873	$2,380
21202, Baltimore, MD	$1,085	$1,400	$2,050	$1,925
21217, Baltimore, MD	N/A	$1,475	$1,650	$1,600
21201, Baltimore, MD	$2,675	$1,350	$1,693	$1,643

Frequently Asked Questions - 21218 Average Rents

What is the average rent price in 21218, Baltimore, MD?

The average monthly rental price for 21218, Baltimore, MD apartments for rent is approximately $1,850. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 21218, 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 21218, Baltimore, MD.

How much is a studio apartment in 21218, Baltimore, MD?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in 21218.

How much is a one bedroom apartment in 21218, Baltimore, MD?

The average monthly rental price for one bedroom apartments is $1,388 and an average price per square feet of $0.60. There are a total of 6 one bedroom apartment listings currently available for rent in 21218.

How much is a two bedroom apartment in 21218, Baltimore, MD?

The average monthly rental price for two bedroom apartments is $1,650 and an average price per square feet of $1.49. There are a total of 11 two bedroom apartment listings currently available for rent in 21218.

How have rent prices in 21218, Baltimore, MD changed this year?

Rent prices for rentals in 21218, Baltimore, MD can fluctuate yearly. Specifically, studio rental prices have changed by -0.04%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.01%, and three bedroom rental prices have changed by 0.15% year-over-year.

What is a reasonable rent price in 21218, Baltimore, MD?

A reasonable rent price in 21218, Baltimore, MD is around $1,480/month. You can search for these reasonably priced rental listings on RentHop.