Average Rent in Northern Baltimore, Baltimore, MD

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Current Versus Historical Northern Baltimore, Baltimore, MD Rents

Northern Baltimore rentals average $1,548 for a studio rental to $2,800 for a 4-bedroom rental. The median price of all currently available listings is $1,895, 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 $245 (-19.67%) year-over-year from $1,245 to $1,000. 1-bedroom rentals prices have decreased by $29 (-2.28%) year-over-year from $1,279 to $1,250. 2-bedroom rentals prices have decreased by $125 (-7.46%) year-over-year from $1,675 to $1,550. 3-bedroom rentals prices have increased by $263 (16.14%) year-over-year from $1,632 to $1,895. 4-bedroom rentals prices have increased by $323 (14.78%) year-over-year from $2,183 to $2,505. 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 15.01% this month. 1-bedroom rents have gone down by 2.60% this month. 2-bedroom rents have gone down by 5.08% this month. 3-bedroom rents have gone up by 7.11% this month. 4-bedroom rents have gone up by 1.31% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.21 $1,000 $1,245 (-19.67%) $1,090 (-8.26%)
1 BR $1.56 $1,250 $1,279 (-2.28%) $1,100 (13.64%)
2 BR $1.66 $1,550 $1,675 (-7.46%) $1,532 (1.20%)
3 BR $1.55 $1,895 $1,632 (16.14%) $1,673 (13.25%)
4+ BR $1.40 $2,505 $2,183 (14.78%) $2,342 (6.98%)

Historical Rents in Northern Baltimore, Baltimore, MD

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Northern Baltimore

There are a total of 2 cities nearby Northern Baltimore. The average rent in Northern Baltimore is currently $1,898 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 Northern Baltimore, Baltimore, MD is Towson, MD. Monthly rents here are on average $1,995 per month.

Let's compare Northern Baltimore, Baltimore, MD's rent against other top cities nearby by bedroom size. Typically, rent for studios in Northern Baltimore, Baltimore, MD is 7.17% more expensive than other cities nearby. One bedrooms are about 26.71% more affordable. Two bedrooms in Northern Baltimore, Baltimore, MD are about 14.03% more affordable. Finally, rent for three bedrooms are about 2.38% more affordable. Want more information? Check out the top 2 cities near Northern Baltimore, 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 $1,705 $2,063 $1,995

Top Neighborhoods Near Northern Baltimore

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

The average rent for these 1 neighborhoods in or near Northern Baltimore, Baltimore, MD is currently around $1,638 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near Northern Baltimore, Downtown Baltimore has the most affordable average rent at $1,638 per month. Whereas, at $1,638 average rent per month, Downtown Baltimore is the most expensive neighborhood in or near Northern Baltimore. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Downtown Baltimore, Baltimore, MD $2,675 $1,400 $1,775 $1,638

Top Counties Near Northern Baltimore

There are a total of 1 counties located by Northern Baltimore, 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 Northern Baltimore, Baltimore, MD.

Typically, rent for studios in Northern Baltimore, Baltimore, MD is 7.17% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Northern Baltimore, Baltimore, MD is 24.37% more affordable than other counties nearby. Finally, rent for two bedrooms in Northern Baltimore, Baltimore, MD is 13.58% 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 $1,473 $1,647 $2,048 $2,100

Top Zipcodes Near Northern Baltimore

There are a total of 7 zipcodes in or near Northern Baltimore, Baltimore, MD. The average rent for all of these zipcodes is $2,000. 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 $2,250 per month is 21230, Baltimore, MD.

Studios in these zipcodes have an average rent of $1,085. 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 Northern Baltimore, Baltimore, MD is $1,475 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,873 per month. Which comes out to $2 per sqft. The following chart includes the top 7 zipcodes in Northern Baltimore, Baltimore, MD. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
21217, Baltimore, MD N/A $1,475 $1,650 $1,600
21201, Baltimore, MD $2,675 $1,395 $1,698 $1,650
21202, Baltimore, MD $1,085 $1,400 $2,100 $1,950
21204, Towson, MD N/A $1,674 $2,117 $2,010
21231, Baltimore, MD N/A $1,350 $1,900 $2,000
21230, Baltimore, MD $1,400 $1,700 $1,873 $2,250
21224, Baltimore, MD $1,525 $1,816 $1,850 $2,084

Frequently Asked Questions - Northern Baltimore Average Rents

What is the average rent price in Northern Baltimore, Baltimore, MD?
The average monthly rental price for Northern Baltimore, Baltimore, MD apartments for rent is approximately $1,895. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Northern 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 Northern Baltimore, Baltimore, MD.
How much is a studio apartment in Northern Baltimore, Baltimore, MD?
The average monthly rental price for studio apartments is $1,548 and an average price per square feet of $3.21. There are a total of 2 studio apartment listings currently available for rent in Northern Baltimore.
How much is a one bedroom apartment in Northern Baltimore, Baltimore, MD?
The average monthly rental price for one bedroom apartments is $1,225 and an average price per square feet of $1.56. There are a total of 12 one bedroom apartment listings currently available for rent in Northern Baltimore.
How much is a two bedroom apartment in Northern Baltimore, Baltimore, MD?
The average monthly rental price for two bedroom apartments is $1,650 and an average price per square feet of $1.66. There are a total of 27 two bedroom apartment listings currently available for rent in Northern Baltimore.
How have rent prices in Northern Baltimore, Baltimore, MD changed this year?
Rent prices for rentals in Northern Baltimore, Baltimore, MD can fluctuate yearly. Specifically, studio rental prices have changed by -0.20%, one bedroom rental prices have changed by -0.02%, two bedroom rental prices have changed by -0.07%, and three bedroom rental prices have changed by 0.16% year-over-year.
What is a reasonable rent price in Northern Baltimore, Baltimore, MD?
A reasonable rent price in Northern Baltimore, Baltimore, MD is around $1,516/month. You can search for these reasonably priced rental listings on RentHop.
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