Average Rent in Downtown Baltimore, Baltimore, MD

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Current Versus Historical Downtown Baltimore, Baltimore, MD Rents

Downtown Baltimore rentals average $1,437 for a studio rental to $2,850 for a 3-bedroom rental. The median price of all currently available listings is $1,599, or roughly $27 per square feet.

For the apartment units and housing in July 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $0 (0.03%) year-over-year from $1,200 to $1,200. 1-bedroom rentals prices have increased by $200 (15.70%) year-over-year from $1,275 to $1,475. 2-bedroom rentals prices have increased by $275 (16.37%) year-over-year from $1,680 to $1,955. 3-bedroom rentals prices have increased by $367 (13.66%) year-over-year from $2,683 to $3,050. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $1,850 to $1,850. 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 12.20% this month. 1-bedroom rents have gone down by 2.43% this month. 2-bedroom rents have gone down by 8.42% this month. 3-bedroom rents have gone up by 38.64% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$31.18	$1,200	$1,200 (0.03%)	$1,115 (7.67%)
1 BR	$25.82	$1,475	$1,275 (15.70%)	$1,416 (4.18%)
2 BR	$26.99	$1,955	$1,680 (16.37%)	$1,829 (6.88%)
3 BR	$24.38	$3,050	$2,683 (13.66%)	$2,733 (11.62%)

Historical Rents in Downtown Baltimore, Baltimore, MD

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Downtown Baltimore

There are a total of 4 cities nearby Downtown Baltimore. The average rent in Downtown Baltimore is currently $2,825 per month. 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 Downtown Baltimore, Baltimore, MD is Severn, MD. Monthly rents here are on average $3,200 per month.

Let's compare Downtown Baltimore, Baltimore, MD's rent against other top cities nearby by bedroom size. One bedrooms are about 12.13% more expensive. Two bedrooms in Downtown Baltimore, Baltimore, MD are about 5.61% more affordable. Finally, rent for three bedrooms are about 2.98% more affordable. Want more information? Check out the top 4 cities near Downtown Baltimore, Baltimore, MD in the following table.

City	Studio	1 Bed	2 Bed	All
Baltimore, MD	$1,325	$1,180	$1,700	$1,800
Columbia, MD	N/A	$1,600	$2,225	$2,800
Odenton, MD	N/A	N/A	$2,298	$2,850
Severn, MD	N/A	$1,500	$2,200	$3,200

Top Neighborhoods Near Downtown Baltimore

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Downtown Baltimore

There are a total of 5 counties located by Downtown Baltimore, Baltimore, MD. Some of these counties include Baltimore, MD, Baltimore, MD, and Harford, MD. The average rent for rentals in these counties is $2,450. That's roughly around $19 per sqft. The county that is the most affordable is Baltimore, MD. Its average rent per month is $1,800. Vice versa, with an average rent of $3,100, Howard, MD is the most expensive county by Downtown Baltimore, Baltimore, MD.

Typically, rent for studios in Downtown Baltimore, Baltimore, MD is 7.83% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Downtown Baltimore, Baltimore, MD is 1.64% more expensive than other counties nearby. Finally, rent for two bedrooms in Downtown Baltimore, Baltimore, MD is 3.34% more expensive than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Baltimore, MD	$1,325	$1,163	$1,700	$1,800
Baltimore, MD	$1,650	$1,300	$1,800	$2,400
Harford, MD	$1,250	$1,500	$2,025	$2,450
Anne Arundel, MD	$1,425	$1,950	$2,300	$2,950
Howard, MD	$1,295	$1,600	$2,295	$3,100

Top Zipcodes Near Downtown Baltimore

There are a total of 8 zipcodes in or near Downtown Baltimore, Baltimore, MD. The average rent for all of these zipcodes is $1,849. A total of 2 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 21215, Baltimore, MD at $1,325 per month. In comparison, the zipcode with the most expensive average rent of $2,825 per month is 21113, Odenton, MD.

Studios in these zipcodes have an average rent of $550. That's at least $0 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Downtown Baltimore, Baltimore, MD is $1,076 per month. Or in other words, $18 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,775 per month. Which comes out to $19 per sqft. The following table includes the top 8 zipcodes in Downtown Baltimore, Baltimore, MD. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
21202, Baltimore, MD	$1,575	$1,500	$2,300	$1,800
21217, Baltimore, MD	$1,100	$1,015	$1,575	$1,500
21230, Baltimore, MD	$1,295	$1,500	$2,125	$2,598
21213, Baltimore, MD	N/A	$950	$1,600	$1,775
21218, Baltimore, MD	$2,175	$1,250	$1,575	$1,897
21224, Baltimore, MD	N/A	$1,138	$1,950	$2,100
21215, Baltimore, MD	N/A	$700	$1,350	$1,325
21113, Odenton, MD	N/A	N/A	$2,300	$2,825

Frequently Asked Questions - Downtown Baltimore Average Rents

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

The average monthly rental price for Downtown Baltimore, Baltimore, MD apartments for rent is approximately $1,599. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Downtown Baltimore, 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 Downtown Baltimore, Baltimore, MD.

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

The average monthly rental price for studio apartments is $1,437 and an average price per square feet of $31.18. There are a total of 6 studio apartment listings currently available for rent in Downtown Baltimore.

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

The average monthly rental price for one bedroom apartments is $1,525 and an average price per square feet of $25.82. There are a total of 26 one bedroom apartment listings currently available for rent in Downtown Baltimore.

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

The average monthly rental price for two bedroom apartments is $2,095 and an average price per square feet of $26.99. There are a total of 15 two bedroom apartment listings currently available for rent in Downtown Baltimore.

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

Rent prices for rentals in Downtown Baltimore, Baltimore, MD can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.16%, two bedroom rental prices have changed by 0.16%, three bedroom rental prices have changed by 0.14% year-over-year.

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

A reasonable rent price in Downtown Baltimore, Baltimore, MD is around $1,279/month. You can search for these reasonably priced rental listings on RentHop.