Average Rent in Federal Hill - Montgomery, Baltimore, MD

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Current Versus Historical Federal Hill - Montgomery, Baltimore, MD Rents

Federal Hill - Montgomery rentals average $1,295 for a studio rental to $2,500 for a 3-bedroom rental. The median price of all currently available listings is $1,910, or roughly $24 per square feet.

For the apartment units and housing in June 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $5 (-0.38%) year-over-year from $1,300 to $1,295. 1-bedroom rentals prices have increased by $243 (15.32%) year-over-year from $1,583 to $1,825. 2-bedroom rentals prices have increased by $75 (3.70%) year-over-year from $2,025 to $2,100. 3-bedroom rentals prices have decreased by $67 (-2.60%) year-over-year from $2,567 to $2,500. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $3,550 to $3,550. 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 18.98% this month. 1-bedroom rents have gone up by 3.79% this month. 2-bedroom rents have gone down by 11.89% this month. 3-bedroom rents have gone up by 6.95% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Jun 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$11.29	$1,295	$1,300 (-0.38%)	$1,942 (-33.30%)
1 BR	$31.25	$1,825	$1,583 (15.32%)	$1,450 (25.86%)
2 BR	$25.00	$2,100	$2,025 (3.70%)	$2,030 (3.47%)
3 BR	$22.32	$2,500	$2,567 (-2.60%)	$3,283 (-23.86%)

Historical Rents in Federal Hill - Montgomery, Baltimore, MD

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Federal Hill - Montgomery

There are a total of 3 cities nearby Federal Hill - Montgomery. The average rent in Federal Hill - Montgomery is currently $2,800 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 Federal Hill - Montgomery, Baltimore, MD is Odenton, MD. Monthly rents here are on average $2,800 per month.

Let's compare Federal Hill - Montgomery, Baltimore, MD's rent against other top cities nearby by bedroom size. One bedrooms are about 31.78% more expensive. Two bedrooms in Federal Hill - Montgomery, Baltimore, MD are about 10.71% more affordable. Finally, rent for three bedrooms are about 14.00% more affordable. Want more information? Check out the top 3 cities near Federal Hill - Montgomery, Baltimore, MD in the following table.

City	Studio	1 Bed	2 Bed	All
Baltimore, MD	$1,295	$1,245	$1,700	$1,800
Columbia, MD	N/A	$1,700	$2,325	$2,800
Odenton, MD	N/A	N/A	$2,399	$2,800

Top Neighborhoods Near Federal Hill - Montgomery

There are a total of 1 neighborhoods in or near Federal Hill - Montgomery. One neighborhood in the area is Downtown Baltimore. We've included all of these top 1 neighborhoods in or near Federal Hill - Montgomery, Baltimore, MD in the following table.

The average rent for these 1 neighborhoods in or near Federal Hill - Montgomery, Baltimore, MD is currently around $1,599 per month. A total of one neighborhood has a lower average rent. Interestingly, the neighborhoods' average rent is less than Federal Hill - Montgomery's average rent, which is actually $1,910. Out of all the neighborhoods in or near Federal Hill - Montgomery, Downtown Baltimore has the most affordable average rent at $1,599 per month. Whereas, at $1,599 average rent per month, Downtown Baltimore is the most expensive neighborhood in or near Federal Hill - Montgomery. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Downtown Baltimore, Baltimore, MD	$1,575	$1,403	$2,150	$1,599

Top Counties Near Federal Hill - Montgomery

There are a total of 5 counties located by Federal Hill - Montgomery, Baltimore, MD. Some of these counties include Baltimore, MD, Harford, MD, and Baltimore, MD. The average rent for rentals in these counties is $2,400. That's roughly around $19 per sqft. A total of one county has a lower average rent. 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 $3,000, Howard, MD is the most expensive county by Federal Hill - Montgomery, Baltimore, MD.

Typically, rent for studios in Federal Hill - Montgomery, Baltimore, MD is on par with the other counties nearby. In comparison, rent for one bedroom listings in Federal Hill - Montgomery, Baltimore, MD is 9.64% more expensive than other counties nearby. Finally, rent for two bedrooms in Federal Hill - Montgomery, Baltimore, MD is 4.76% 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	$1,295	$1,225	$1,700	$1,800
Harford, MD	$1,250	$1,649	$2,000	$2,300
Baltimore, MD	$2,325	$1,295	$1,900	$2,400
Anne Arundel, MD	$3,175	$1,800	$2,397	$2,900
Howard, MD	$1,295	$1,650	$2,300	$3,000

Top Zipcodes Near Federal Hill - Montgomery

There are a total of 7 zipcodes in or near Federal Hill - Montgomery, Baltimore, MD. The average rent for all of these zipcodes is $1,848. A total of 4 zipcodes have an 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 $2,675 per month is 21113, Odenton, MD.

Studios in these zipcodes have an average rent of $1,000. 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 Federal Hill - Montgomery, Baltimore, MD is $1,199 per month. Or in other words, $17 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,100 per month. Which comes out to $20 per sqft. The following table includes the top 7 zipcodes in Federal Hill - Montgomery, Baltimore, MD. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
21230, Baltimore, MD	$1,385	$1,525	$2,300	$2,495
21202, Baltimore, MD	$1,575	$1,500	$2,300	$1,800
21217, Baltimore, MD	$1,100	$1,199	$1,600	$1,600
21213, Baltimore, MD	N/A	$950	$1,600	$1,800
21218, Baltimore, MD	$1,000	$1,300	$1,500	$1,848
21224, Baltimore, MD	N/A	$1,050	$2,100	$2,250
21113, Odenton, MD	N/A	N/A	$2,399	$2,675

Frequently Asked Questions - Federal Hill - Montgomery Average Rents

What is the average rent price in Federal Hill - Montgomery, Baltimore, MD?

The average monthly rental price for Federal Hill - Montgomery, Baltimore, MD apartments for rent is approximately $1,910. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Federal Hill - Montgomery, 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 Federal Hill - Montgomery, Baltimore, MD.

How much is a studio apartment in Federal Hill - Montgomery, Baltimore, MD?

The average monthly rental price for studio apartments is $1,295 and an average price per square feet of $11.29. There are a total of 1 studio apartment listings currently available for rent in Federal Hill - Montgomery.

How much is a one bedroom apartment in Federal Hill - Montgomery, Baltimore, MD?

The average monthly rental price for one bedroom apartments is $1,825 and an average price per square feet of $31.25. There are a total of 3 one bedroom apartment listings currently available for rent in Federal Hill - Montgomery.

How much is a two bedroom apartment in Federal Hill - Montgomery, Baltimore, MD?

The average monthly rental price for two bedroom apartments is $2,100 and an average price per square feet of $25.00. There are a total of 3 two bedroom apartment listings currently available for rent in Federal Hill - Montgomery.

How have rent prices in Federal Hill - Montgomery, Baltimore, MD changed this year?

Rent prices for rentals in Federal Hill - Montgomery, Baltimore, MD can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.15%, two bedroom rental prices have changed by 0.04%, three bedroom rental prices have changed by -0.03% year-over-year.

What is a reasonable rent price in Federal Hill - Montgomery, Baltimore, MD?

A reasonable rent price in Federal Hill - Montgomery, Baltimore, MD is around $1,528/month. You can search for these reasonably priced rental listings on RentHop.