Average Rent in Southern Baltimore, Baltimore, MD

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Current Versus Historical Southern Baltimore, Baltimore, MD Rents

Southern Baltimore rentals average $1,430 for a studio rental to $3,300 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 May 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $31 (-2.19%) year-over-year from $1,431 to $1,400. 1-bedroom rentals prices have increased by $193 (13.74%) year-over-year from $1,407 to $1,600. 2-bedroom rentals prices have decreased by $3 (-0.20%) year-over-year from $1,703 to $1,700. 3-bedroom rentals prices have increased by $484 (27.37%) year-over-year from $1,767 to $2,250. 4-bedroom rentals prices have increased by $1,642 (99.01%) year-over-year from $1,658 to $3,300. 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 up by 1.20% this month. 1-bedroom rents have gone up by 9.28% this month. 2-bedroom rents have gone down by 6.75% this month. 3-bedroom rents have gone up by 1.51% this month. 4-bedroom rents have gone up by 39.44% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.96	$1,400	$1,431 (-2.19%)	$1,275 (9.84%)
1 BR	$1.89	$1,600	$1,407 (13.74%)	$1,321 (21.15%)
2 BR	$1.79	$1,700	$1,703 (-0.20%)	$1,792 (-5.11%)
3 BR	$1.73	$2,250	$1,767 (27.37%)	$1,883 (19.48%)
4+ BR	$1.47	$3,300	$1,658 (99.01%)	$2,967 (11.24%)

Historical Rents in Southern Baltimore, Baltimore, MD

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Southern Baltimore

There are a total of 2 cities nearby Southern Baltimore. The average rent in Southern Baltimore is currently $1,945 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 Southern Baltimore, Baltimore, MD is Towson, MD. Monthly rents here are on average $2,090 per month.

Let's compare Southern Baltimore, Baltimore, MD's rent against other top cities nearby by bedroom size. Typically, rent for studios in Southern Baltimore, Baltimore, MD is 57.52% more expensive than other cities nearby. One bedrooms are about 1.63% more affordable. Two bedrooms in Southern Baltimore, Baltimore, MD are about 19.87% more affordable. Finally, rent for three bedrooms are about 2.44% more affordable. Want more information? Check out the top 2 cities near Southern Baltimore, Baltimore, MD in the following chart.

City	Studio	1 Bed	2 Bed	All
Baltimore, MD	$1,215	$1,450	$1,695	$1,800
Towson, MD	N/A	$1,797	$2,363	$2,090

Top Neighborhoods Near Southern Baltimore

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Southern Baltimore

The average rent for rentals in these counties is $1,974. 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 $2,148, Baltimore, MD is the most expensive county by Southern Baltimore, Baltimore, MD.

Typically, rent for studios in Southern Baltimore, Baltimore, MD is 1.82% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Southern Baltimore, Baltimore, MD is 0.81% more affordable than other counties nearby. Finally, rent for two bedrooms in Southern Baltimore, Baltimore, MD is 13.46% 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	$1,215	$1,450	$1,693	$1,800
Baltimore, MD	$1,697	$1,771	$2,148	$2,148

Top Zipcodes Near Southern Baltimore

There are a total of 8 zipcodes in or near Southern Baltimore, Baltimore, MD. The average rent for all of these zipcodes is $1,902. 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 $2,140 per month is 21204, Towson, MD.

Studios in these zipcodes have an average rent of $1,203. 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 Southern Baltimore, Baltimore, MD is $1,488 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,838 per month. Which comes out to $2 per sqft. The following chart includes the top 8 zipcodes in Southern Baltimore, 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	$1,430	$1,650	$1,825	$2,075
21231, Baltimore, MD	$2,975	$1,450	$2,000	$2,100
21202, Baltimore, MD	$975	$1,500	$2,150	$1,800
21201, Baltimore, MD	$2,150	$1,400	$1,693	$1,689
21224, Baltimore, MD	$1,525	$1,510	$1,850	$2,003
21213, Baltimore, MD	N/A	N/A	$1,650	$1,775
21217, Baltimore, MD	N/A	$1,475	$1,650	$1,600
21204, Towson, MD	N/A	$1,760	$2,465	$2,140

Frequently Asked Questions - Southern Baltimore Average Rents

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

The average monthly rental price for Southern Baltimore, 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 Southern 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 Southern Baltimore, Baltimore, MD.

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

The average monthly rental price for studio apartments is $1,430 and an average price per square feet of $2.96. There are a total of 2 studio apartment listings currently available for rent in Southern Baltimore.

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

The average monthly rental price for one bedroom apartments is $1,598 and an average price per square feet of $1.89. There are a total of 14 one bedroom apartment listings currently available for rent in Southern Baltimore.

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

The average monthly rental price for two bedroom apartments is $1,693 and an average price per square feet of $1.79. There are a total of 42 two bedroom apartment listings currently available for rent in Southern Baltimore.

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

Rent prices for rentals in Southern Baltimore, Baltimore, MD can fluctuate yearly. Specifically, studio rental prices have changed by -0.02%, one bedroom rental prices have changed by 0.14%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by 0.27% year-over-year.

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

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