6617 Bonnie Ridge Rd Baltimore, MD 21209
201 Middleway Road, 2A Baltimore, MD 21220
The rental market in Baltimore, MD is thriving, offering prospective tenants a diverse range of living options and attractive rental prices. Baltimore is home to some of the best public schools in the state, numerous vibrant neighborhoods, and a wide range of rental prices.
For those looking to rent in Baltimore, there are a variety of neighborhoods to choose from. The Inner Harbor area is one of the most popular areas, and offers plenty of high-end rentals with waterfront views. Other popular areas include Federal Hill, Canton, and Fells Point. These areas boast an array of restaurants, shops, and entertainment options, as well as beautiful homes and condos.
In terms of schools, Baltimore offers some of the best public and private school options in the state. The Baltimore City Public School System serves students from pre-K through 12th grade and includes more than 100 schools throughout the city. In addition, the city has numerous private schools, such as the Baltimore School for the Arts, Calvert School, and Roland Park Country School.
The average rental prices of an apartment, townhouse, condo, loft, and single family home in Baltimore, MD are as follows:
Apartment: $1,564
Townhouse: $2,062
Condo: $2,067
Loft: $1,958
Single Family Home: $2,023
Rental prices in Baltimore, MD have steadily increased over the last five years. According to Zillow, the median rent for a one-bedroom apartment in Baltimore was $1,394 in May of 2016 and is currently $1,550 in May of 2021, an increase of 11.6%. For two-bedroom apartments, the median rent was $1,509 in May of 2016 and is currently $1,735 in May of 2021, an increase of 15.1%. Additionally, the median rent for a three-bedroom apartment was $1,845 in May of 2016 and is currently $2,110 in May of 2021, an increase of 14.3%.
The median rental prices for 1-bedroom, 2-bedroom, and 3-bedroom apartments in Baltimore, MD are as follows:
1-Bedroom: $1,200
2-Bedroom: $1,400
3-Bedroom: $1,600
Baltimore City Public Schools (BCPS) is the 25th largest school district in the United States, with an enrollment of over 80,000 students. BCPS students outperform those in peer school districts and the national average on reading and math assessments. BCPS graduation rates are also higher than the national average, and the district's dropout rate is much lower than the national average. Additionally, the district's reclassification rate (the percentage of students moving from one grade to the next) is higher than the national average.
1. Hampden
2. Federal Hill
3. Canton
4. Fells Point
5. Mount Vernon
1. Inner Harbor/Downtown
2. Federal Hill
3. Mount Vernon
4. Canton
5. Locust Point