Average Rent in Eastern Baltimore, Baltimore, MD

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Current Versus Historical Eastern Baltimore, Baltimore, MD Rents

Eastern Baltimore rentals average $0 for a studio rental to $2,400 for a 4-bedroom rental. The median price of all currently available listings is $1,865, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $2,658 (-72.67%) year-over-year from $3,658 to $1,000. 1-bedroom rentals prices have decreased by $153 (-13.29%) year-over-year from $1,153 to $1,000. 2-bedroom rentals prices have increased by $459 (30.80%) year-over-year from $1,491 to $1,950. 3-bedroom rentals prices have increased by $185 (11.65%) year-over-year from $1,588 to $1,773. 4-bedroom rentals prices have increased by $600 (29.27%) year-over-year from $2,050 to $2,650. 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 71.15% this month. 1-bedroom rents have gone up by 5.36% this month. 2-bedroom rents have gone up by 19.08% this month. 3-bedroom rents have gone up by 1.82% this month. 4-bedroom rents have gone up by 14.39% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.34 $1,000 $1,153 (-13.29%) $780 (28.21%)
2 BR $1.56 $1,950 $1,491 (30.80%) $1,397 (39.62%)
3 BR $1.56 $1,773 $1,588 (11.65%) $1,460 (21.40%)
4+ BR $1.37 $2,650 $2,050 (29.27%) $1,083 (144.62%)

Historical Rents in Eastern Baltimore, Baltimore, MD

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Eastern Baltimore

There are a total of 2 cities nearby Eastern Baltimore. The average rent in Eastern Baltimore is currently $1,952 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 Eastern Baltimore, Baltimore, MD is Towson, MD. Monthly rents here are on average $2,104 per month.

Let's compare Eastern Baltimore, Baltimore, MD's rent against other top cities nearby by bedroom size. Typically, rent for studios in Eastern Baltimore, Baltimore, MD is inf% more affordable than other cities nearby. One bedrooms are about 62.50% more affordable. Two bedrooms in Eastern Baltimore, Baltimore, MD are about 21.49% more affordable. Finally, rent for three bedrooms are about 29.40% more affordable. Want more information? Check out the top 2 cities near Eastern Baltimore, Baltimore, MD in the following chart.
City Studio 1 Bed 2 Bed All
Baltimore, MD $1,200 $1,450 $1,700 $1,800
Towson, MD N/A $1,800 $2,431 $2,104

Top Neighborhoods Near Eastern Baltimore



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Eastern Baltimore

The average rent for rentals in these counties is $1,975. 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 $2,150, Baltimore, MD is the most expensive county by Eastern Baltimore, Baltimore, MD.

Typically, rent for studios in Eastern Baltimore, Baltimore, MD is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Eastern Baltimore, Baltimore, MD is 60.35% more affordable than other counties nearby. Finally, rent for two bedrooms in Eastern Baltimore, Baltimore, MD is 13.31% 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 $1,200 $1,425 $1,699 $1,800
Baltimore, MD $1,697 $1,782 $2,154 $2,150

Top Zipcodes Near Eastern Baltimore

There are a total of 8 zipcodes in or near Eastern Baltimore, Baltimore, MD. The average rent for all of these zipcodes is $1,888. A total of 4 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 $2,151 per month is 21204, Towson, MD.

Studios in these zipcodes have an average rent of $488. 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 Eastern Baltimore, Baltimore, MD is $1,463 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,863 per month. Which comes out to $2 per sqft. The following chart includes the top 8 zipcodes in Eastern Baltimore, Baltimore, MD. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
21213, Baltimore, MD N/A N/A $1,650 $1,775
21231, Baltimore, MD N/A $1,350 $2,000 $2,100
21202, Baltimore, MD $975 $1,450 $2,150 $1,775
21201, Baltimore, MD $2,150 $1,400 $1,693 $1,689
21217, Baltimore, MD N/A $1,475 $1,650 $1,600
21224, Baltimore, MD $1,525 $1,619 $1,875 $2,000
21230, Baltimore, MD $1,430 $1,650 $1,850 $2,100
21204, Towson, MD N/A $1,776 $2,489 $2,151

Frequently Asked Questions - Eastern Baltimore Average Rents

What is the average rent price in Eastern Baltimore, Baltimore, MD?
The average monthly rental price for Eastern Baltimore, Baltimore, MD apartments for rent is approximately $1,865. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Eastern 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 Eastern Baltimore, Baltimore, MD.
How much is a studio apartment in Eastern Baltimore, 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 Eastern Baltimore.
How much is a one bedroom apartment in Eastern Baltimore, Baltimore, MD?
The average monthly rental price for one bedroom apartments is $1,000 and an average price per square feet of $1.34. There are a total of 3 one bedroom apartment listings currently available for rent in Eastern Baltimore.
How much is a two bedroom apartment in Eastern Baltimore, Baltimore, MD?
The average monthly rental price for two bedroom apartments is $1,700 and an average price per square feet of $1.56. There are a total of 17 two bedroom apartment listings currently available for rent in Eastern Baltimore.
How have rent prices in Eastern Baltimore, Baltimore, MD changed this year?
Rent prices for rentals in Eastern Baltimore, Baltimore, MD can fluctuate yearly. Specifically, studio rental prices have changed by -0.73%, one bedroom rental prices have changed by -0.13%, two bedroom rental prices have changed by 0.31%, and three bedroom rental prices have changed by 0.12% year-over-year.
What is a reasonable rent price in Eastern Baltimore, Baltimore, MD?
A reasonable rent price in Eastern Baltimore, Baltimore, MD is around $1,492/month. You can search for these reasonably priced rental listings on RentHop.
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