Average Rent in Southern Baltimore, Baltimore, MD

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Current Versus Historical Southern Baltimore, Baltimore, MD Rents

Southern Baltimore rentals average $1,400 for a studio rental to $3,300 for a 4-bedroom rental. The median price of all currently available listings is $2,200, 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 $165 (-10.52%) year-over-year from $1,565 to $1,400. 1-bedroom rentals prices have decreased by $39 (-2.69%) year-over-year from $1,438 to $1,399. 2-bedroom rentals prices have increased by $62 (3.46%) year-over-year from $1,790 to $1,852. 3-bedroom rentals prices have increased by $500 (29.00%) year-over-year from $1,725 to $2,225. 4-bedroom rentals prices have increased by $1,734 (162.54%) year-over-year from $1,067 to $2,800. 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 1.51% this month. 1-bedroom rents have gone up by 1.17% this month. 2-bedroom rents have gone up by 2.47% this month. 3-bedroom rents have gone up by 4.71% this month. 4-bedroom rents have gone up by 21.74% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.70 $1,400 $1,565 (-10.52%) $1,412 (-0.84%)
1 BR $2.00 $1,399 $1,438 (-2.69%) $1,325 (5.60%)
2 BR $1.87 $1,852 $1,790 (3.46%) $1,700 (8.94%)
3 BR $1.73 $2,225 $1,725 (29.00%) $1,700 (30.90%)
4+ BR $1.47 $2,800 $1,067 (162.54%) $2,962 (-5.48%)

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 $1,875 per month. A total of 2 cities nearby have 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 $1,950 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 2.04% more affordable than other cities nearby. One bedrooms are about 1.25% more expensive. Two bedrooms in Southern Baltimore, Baltimore, MD are about 11.62% more affordable. Finally, rent for three bedrooms are about 7.61% more expensive. 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 $1,400 $1,400 $1,700 $1,800
Towson, MD $1,457 $1,760 $2,095 $1,950

Top Neighborhoods Near Southern Baltimore

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

The average rent for these 1 neighborhoods in or near Southern Baltimore, Baltimore, MD is currently around $1,600 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near Southern Baltimore, Downtown Baltimore has the most affordable average rent at $1,600 per month. Whereas, at $1,600 average rent per month, Downtown Baltimore is the most expensive neighborhood in or near Southern Baltimore. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Downtown Baltimore, Baltimore, MD $2,450 $1,400 $1,700 $1,600

Top Counties Near Southern Baltimore

There are a total of 1 counties located by Southern Baltimore, Baltimore, MD. The average rent for rentals in these counties is $1,959. That's roughly around $2 per sqft. A total of 2 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 $2,118, Baltimore, MD is the most expensive county by Southern Baltimore, Baltimore, MD.

Typically, rent for studios in Southern Baltimore, Baltimore, MD is 4.07% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Southern Baltimore, Baltimore, MD is 2.88% more expensive than other counties nearby. Finally, rent for two bedrooms in Southern Baltimore, Baltimore, MD is 11.51% 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 $1,514 $1,708 $2,092 $2,118

Top Zipcodes Near Southern Baltimore

There are a total of 7 zipcodes in or near Southern Baltimore, Baltimore, MD. The average rent for all of these zipcodes is $2,023. A total of 6 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 $2,390 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 Southern 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 $1,950 per month. Which comes out to $2 per sqft. The following chart includes the top 7 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 $1,400 $1,700 $1,873 $2,390
21231, Baltimore, MD N/A $1,450 $2,000 $2,100
21202, Baltimore, MD $1,085 $1,400 $2,000 $1,850
21201, Baltimore, MD $2,450 $1,350 $1,693 $1,635
21224, Baltimore, MD $1,525 $1,831 $1,950 $2,050
21217, Baltimore, MD N/A $1,475 $1,650 $1,600
21204, Towson, MD N/A $1,708 $2,118 $2,023

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 $2,200. 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 $1,400 and an average price per square feet of $1.70. There are a total of 3 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 $1,600 and an average price per square feet of $2.00. There are a total of 13 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 $1,700 and an average price per square feet of $1.87. There are a total of 39 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 -0.11%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by 0.29% 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 $1,760/month. You can search for these reasonably priced rental listings on RentHop.
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