Rental markets / Baltimore

Baltimore fair market rents

Explore rent benchmarks by bedroom and ZIP, compare local rental households, then test a property using your own costs.

HUD rent dataBaltimore-Columbia-Towson, MD MSA

3-bedroom gross-rent benchmark

$2,358 / month

-6.8% from FY2025.

FY2026 · effective Oct 1, 2025

Includes tenant-paid utilities. A benchmark, not an approved rent or property-specific estimate.

Published rent benchmarks

FY2025
$2,529
FY2026
$2,358
FY2027
$2,509

Published schedules for the selected bedroom count. Benchmark changes are not a forecast.

Baltimore-Columbia-Towson, MD MSA · Monthly gross rents
Bedroom countFY2025FY2026 · currentFY2027 · upcoming
Studio$1,407$1,362$1,523
1 bedroom$1,604$1,511$1,625
2 bedrooms$1,965$1,857$2,006
3 bedrooms$2,529$2,358$2,509
4 bedrooms$2,826$2,611$2,789

FY2026 HUD area coverage: Anne Arundel County, MD; Baltimore County, MD; Carroll County, MD; Harford County, MD; Howard County, MD; Queen Anne's County, MD; Baltimore city, MD. ZIP schedules may cover portions of this area.

Compare rents by ZIP code

Monthly HUD gross-rent benchmarks, including tenant-paid utilities. Choose 2–4 ZIPs to compare.

191 ZIP codes across published schedules

ZIP rent table
FY2026 monthly gross rents by ZIP. Missing observations are unavailable.
ZIPStudio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$1,980$2,200$2,700$3,430$3,820
$1,270$1,450$1,770$2,280$2,550
$1,710$1,790$2,110$2,740$3,170
$1,700$1,890$2,320$2,950$3,260
$1,910$2,120$2,610$3,310$3,670
$1,710$1,900$2,330$2,960$3,280
$1,470$1,480$1,780$2,330$2,740
$1,710$1,900$2,330$2,960$3,280
$2,160$2,230$2,530$3,250$3,800
$1,860$2,060$2,530$3,210$3,560
$1,630$1,660$1,990$2,590$3,040
$1,970$2,150$2,570$3,260$3,660
$1,690$1,870$2,300$2,920$3,230
$1,970$2,180$2,680$3,400$3,770
$1,290$1,450$1,770$2,280$2,550
$1,620$1,770$2,140$2,720$3,040
$2,050$2,250$2,720$3,450$3,860
$1,730$1,980$2,420$3,110$3,470
$1,640$1,740$2,050$2,640$3,040
$1,690$1,870$2,300$2,920$3,230
$2,200$2,270$2,530$3,190$3,750
$1,270$1,450$1,770$2,280$2,550
$1,670$1,850$2,280$2,890$3,230
$1,390$1,550$1,900$2,410$2,670
$2,050$2,270$2,790$3,540$3,920
$1,830$2,030$2,490$3,160$3,500
$1,270$1,450$1,770$2,280$2,550
$1,310$1,460$1,790$2,280$2,550
$1,460$1,620$1,990$2,530$2,800
$1,520$1,680$2,070$2,630$2,910
$1,320$1,460$1,800$2,290$2,550
$1,320$1,460$1,800$2,290$2,550
$1,370$1,510$1,860$2,360$2,610
$1,530$1,710$2,080$2,680$2,990
$2,050$2,270$2,790$3,540$3,920
$1,440$1,590$1,960$2,490$2,760
$1,440$1,590$1,960$2,490$2,760
$1,920$2,130$2,620$3,330$3,680
$1,270$1,450$1,770$2,280$2,550
$2,020$2,180$2,590$3,290$3,710
$2,060$2,240$2,690$3,410$3,830
$1,850$2,050$2,520$3,200$3,540
$1,270$1,450$1,770$2,280$2,550
$1,720$1,910$2,350$2,980$3,300
$1,820$2,020$2,480$3,150$3,490
$1,670$1,850$2,280$2,890$3,210
$1,820$2,020$2,480$3,150$3,490
$1,500$1,670$2,050$2,600$2,880
$1,830$2,030$2,490$3,160$3,500
$2,050$2,270$2,790$3,540$3,920
$1,270$1,450$1,770$2,280$2,550
$1,440$1,590$1,960$2,490$2,760
$1,270$1,450$1,770$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,900$2,170$2,660$3,420$3,820
$2,050$2,270$2,790$3,540$3,920
$1,720$1,910$2,350$2,980$3,300
$1,510$1,720$2,110$2,710$3,030
$1,410$1,560$1,920$2,440$2,700
$1,520$1,680$2,070$2,630$2,910
$1,710$1,900$2,330$2,960$3,280
$1,310$1,450$1,780$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,750$1,940$2,390$3,030$3,360
$1,980$2,200$2,700$3,430$3,800
$1,980$2,200$2,700$3,430$3,800
$1,270$1,450$1,770$2,280$2,550
$1,320$1,460$1,800$2,290$2,550
$1,350$1,500$1,840$2,340$2,590
$1,330$1,470$1,810$2,300$2,550
$1,420$1,570$1,930$2,450$2,710
$1,590$1,770$2,170$2,760$3,050
$1,320$1,460$1,800$2,290$2,550
$1,340$1,490$1,830$2,320$2,570
$1,320$1,460$1,800$2,290$2,550
$1,270$1,450$1,770$2,280$2,550
$1,690$1,930$2,360$3,060$3,470
$1,320$1,460$1,800$2,290$2,550
$1,690$1,880$2,310$2,930$3,250
$1,330$1,530$1,870$2,430$2,740
$1,880$2,090$2,570$3,260$3,610
$1,790$1,980$2,440$3,100$3,430
$1,610$1,780$2,190$2,780$3,080
$1,550$1,770$2,160$2,790$3,110
$1,720$1,910$2,350$2,980$3,300
$1,710$1,900$2,330$2,960$3,280
$1,430$1,590$1,950$2,480$2,740
$1,430$1,580$1,950$2,470$2,740
$1,900$2,170$2,660$3,420$3,820
$1,270$1,450$1,770$2,280$2,550
$1,330$1,480$1,820$2,310$2,560
$1,310$1,450$1,780$2,280$2,550
$1,320$1,460$1,800$2,290$2,550
$1,840$2,040$2,500$3,180$3,520
$1,640$1,820$2,240$2,840$3,150
$1,630$1,830$2,250$2,880$3,230
$1,720$1,910$2,350$2,980$3,300
$1,420$1,570$1,930$2,450$2,710
$1,510$1,670$2,060$2,610$2,890
$1,270$1,450$1,770$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,320$1,460$1,800$2,290$2,550
$1,270$1,450$1,770$2,280$2,550
$1,470$1,630$2,010$2,550$2,830
$1,270$1,450$1,770$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,370$1,520$1,870$2,380$2,630
$1,270$1,450$1,770$2,280$2,550
$1,430$1,590$1,950$2,480$2,740
$1,610$1,780$2,190$2,780$3,080
$1,270$1,450$1,770$2,280$2,550
$1,610$1,790$2,200$2,790$3,090
$1,270$1,450$1,770$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,540$1,710$2,100$2,670$2,950
$1,510$1,680$2,060$2,620$2,900
$1,290$1,450$1,770$2,280$2,550
$1,390$1,550$1,900$2,410$2,670
$1,270$1,450$1,770$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,370$1,520$1,870$2,370$2,630
$1,270$1,450$1,770$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,580$1,750$2,150$2,730$3,020
$1,270$1,450$1,770$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,290$1,450$1,770$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,580$1,750$2,150$2,730$3,020
$1,610$1,790$2,200$2,790$3,090
$1,270$1,450$1,770$2,280$2,550
$1,340$1,490$1,830$2,320$2,570
$1,340$1,490$1,830$2,320$2,570
$1,270$1,450$1,770$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,710$1,900$2,330$2,960$3,280
$1,370$1,520$1,870$2,370$2,630
$1,290$1,450$1,770$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,590$1,770$2,180$2,760$3,060
$1,270$1,450$1,770$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,320$1,460$1,800$2,290$2,550
$1,320$1,460$1,800$2,290$2,550
$1,480$1,650$2,020$2,570$2,840
$1,390$1,550$1,900$2,410$2,670
$1,270$1,450$1,770$2,280$2,550
$1,820$2,020$2,480$3,150$3,490
$2,050$2,270$2,790$3,540$3,920
$1,640$1,810$2,230$2,830$3,140
$1,710$1,900$2,330$2,960$3,280
$1,850$2,050$2,520$3,200$3,540
$1,920$2,130$2,620$3,330$3,700
$1,710$1,900$2,330$2,960$3,280
$1,270$1,450$1,770$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,610$1,790$2,200$2,790$3,130
$1,270$1,450$1,770$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,270$1,450$1,770$2,280$2,550
$1,490$1,710$2,080$2,680$2,990
$1,390$1,450$1,840$2,300$3,010
$1,270$1,450$1,770$2,280$2,550
$1,500$1,530$1,990$2,490$3,230
$1,270$1,450$1,770$2,280$2,550
$1,450$1,660$2,040$2,640$2,990
$1,440$1,600$1,970$2,500$2,770
$1,660$1,850$2,270$2,880$3,190
$1,270$1,450$1,770$2,280$2,550
$1,350$1,480$1,800$2,340$2,650
$1,720$1,910$2,350$2,980$3,300
$1,720$1,910$2,350$2,980$3,300
$1,720$1,910$2,350$2,980$3,300
$1,190$1,270$1,480$1,870$2,140
$1,720$1,910$2,350$2,980$3,300
$1,770$1,890$2,220$2,810$3,200
$1,150$1,270$1,540$1,980$2,230
$1,440$1,600$1,970$2,500$2,770
$840$950$1,170$1,500$1,700
$1,190$1,270$1,490$1,890$2,150
$1,720$1,910$2,350$2,980$3,300
$1,690$1,820$2,150$2,720$3,090

Choose up to four ZIPs.

Local rental households

2020–2024 ACS 5-year. County figures describe the named county, not the entire HUD rental area. County choices follow the current HUD area.

Anne Arundel County, Maryland

Rental households

Rental households
55,896
Share of occupied homes rented
24.9%

Rent burden

Spend 30%+ of income on rent
47.2%
Spend 50%+ of income on rent
20.9%

Among renter households with a calculated rent-to-income ratio.

Rental housing types

Single-unit homes
41.3%
Buildings with 2–4 units
5.7%
Buildings with 5+ units
51.8%
Other rental homes
1.2%
Estimates & uncertainty
Anne Arundel County, Maryland · 2020–2024 ACS 5-year · 90% margins of error
MeasureEstimateMargin of error
Rental households55,896±1,724
Share of occupied homes rented24.9%±0.8 percentage points
Spend 30%+ of income on rent47.2%±2.0 percentage points
Spend 50%+ of income on rent20.9%±1.4 percentage points
Single-unit homes41.3%±2.1 percentage points
Buildings with 2–4 units5.7%±1.0 percentage points
Buildings with 5+ units51.8%±2.1 percentage points
Other rental homes1.2%±0.4 percentage points

Sampling estimates, not exact counts. Margins of error for derived percentages follow Census guidance. Small differences may not be meaningful.

Baltimore County, Maryland

Rental households

Rental households
111,893
Share of occupied homes rented
33.6%

Rent burden

Spend 30%+ of income on rent
54.2%
Spend 50%+ of income on rent
28.3%

Among renter households with a calculated rent-to-income ratio.

Rental housing types

Single-unit homes
29.4%
Buildings with 2–4 units
7.8%
Buildings with 5+ units
62.4%
Other rental homes
0.5%
Estimates & uncertainty
Baltimore County, Maryland · 2020–2024 ACS 5-year · 90% margins of error
MeasureEstimateMargin of error
Rental households111,893±2,195
Share of occupied homes rented33.6%±0.6 percentage points
Spend 30%+ of income on rent54.2%±1.8 percentage points
Spend 50%+ of income on rent28.3%±1.3 percentage points
Single-unit homes29.4%±1.4 percentage points
Buildings with 2–4 units7.8%±0.8 percentage points
Buildings with 5+ units62.4%±1.9 percentage points
Other rental homes0.5%±0.2 percentage points

Sampling estimates, not exact counts. Margins of error for derived percentages follow Census guidance. Small differences may not be meaningful.

Carroll County, Maryland

Rental households

Rental households
10,062
Share of occupied homes rented
15.7%

Rent burden

Spend 30%+ of income on rent
49.1%
Spend 50%+ of income on rent
23.2%

Among renter households with a calculated rent-to-income ratio.

Rental housing types

Single-unit homes
47.8%
Buildings with 2–4 units
16.9%
Buildings with 5+ units
33.7%
Other rental homes
1.6%
Estimates & uncertainty
Carroll County, Maryland · 2020–2024 ACS 5-year · 90% margins of error
MeasureEstimateMargin of error
Rental households10,062±843
Share of occupied homes rented15.7%±1.3 percentage points
Spend 30%+ of income on rent49.1%±4.8 percentage points
Spend 50%+ of income on rent23.2%±4.1 percentage points
Single-unit homes47.8%±4.4 percentage points
Buildings with 2–4 units16.9%±3.2 percentage points
Buildings with 5+ units33.7%±3.8 percentage points
Other rental homes1.6%±1.2 percentage points

Sampling estimates, not exact counts. Margins of error for derived percentages follow Census guidance. Small differences may not be meaningful.

Harford County, Maryland

Rental households

Rental households
20,703
Share of occupied homes rented
20.3%

Rent burden

Spend 30%+ of income on rent
48.9%
Spend 50%+ of income on rent
23.9%

Among renter households with a calculated rent-to-income ratio.

Rental housing types

Single-unit homes
39.1%
Buildings with 2–4 units
9.3%
Buildings with 5+ units
48.8%
Other rental homes
2.7%
Estimates & uncertainty
Harford County, Maryland · 2020–2024 ACS 5-year · 90% margins of error
MeasureEstimateMargin of error
Rental households20,703±1,085
Share of occupied homes rented20.3%±1.1 percentage points
Spend 30%+ of income on rent48.9%±3.4 percentage points
Spend 50%+ of income on rent23.9%±2.7 percentage points
Single-unit homes39.1%±3.3 percentage points
Buildings with 2–4 units9.3%±2.0 percentage points
Buildings with 5+ units48.8%±2.8 percentage points
Other rental homes2.7%±1.0 percentage points

Sampling estimates, not exact counts. Margins of error for derived percentages follow Census guidance. Small differences may not be meaningful.

Howard County, Maryland

Rental households

Rental households
34,532
Share of occupied homes rented
28.5%

Rent burden

Spend 30%+ of income on rent
47.7%
Spend 50%+ of income on rent
22.9%

Among renter households with a calculated rent-to-income ratio.

Rental housing types

Single-unit homes
25.0%
Buildings with 2–4 units
4.8%
Buildings with 5+ units
69.2%
Other rental homes
0.9%
Estimates & uncertainty
Howard County, Maryland · 2020–2024 ACS 5-year · 90% margins of error
MeasureEstimateMargin of error
Rental households34,532±1,160
Share of occupied homes rented28.5%±0.9 percentage points
Spend 30%+ of income on rent47.7%±2.8 percentage points
Spend 50%+ of income on rent22.9%±1.8 percentage points
Single-unit homes25.0%±2.0 percentage points
Buildings with 2–4 units4.8%±1.4 percentage points
Buildings with 5+ units69.2%±3.1 percentage points
Other rental homes0.9%±0.4 percentage points

Sampling estimates, not exact counts. Margins of error for derived percentages follow Census guidance. Small differences may not be meaningful.

Queen Anne's County, Maryland

Rental households

Rental households
3,402
Share of occupied homes rented
17.1%

Rent burden

Spend 30%+ of income on rent
54.4%
Spend 50%+ of income on rent
21.2%

Among renter households with a calculated rent-to-income ratio.

Rental housing types

Single-unit homes
54.4%
Buildings with 2–4 units
13.4%
Buildings with 5+ units
26.4%
Other rental homes
5.9%
Estimates & uncertainty
Queen Anne's County, Maryland · 2020–2024 ACS 5-year · 90% margins of error
MeasureEstimateMargin of error
Rental households3,402±358
Share of occupied homes rented17.1%±1.8 percentage points
Spend 30%+ of income on rent54.4%±8.0 percentage points
Spend 50%+ of income on rent21.2%±5.3 percentage points
Single-unit homes54.4%±6.8 percentage points
Buildings with 2–4 units13.4%±5.0 percentage points
Buildings with 5+ units26.4%±6.4 percentage points
Other rental homes5.9%±2.5 percentage points

Sampling estimates, not exact counts. Margins of error for derived percentages follow Census guidance. Small differences may not be meaningful.

Baltimore city, Maryland

Rental households

Rental households
134,197
Share of occupied homes rented
52.5%

Rent burden

Spend 30%+ of income on rent
53.7%
Spend 50%+ of income on rent
27.9%

Among renter households with a calculated rent-to-income ratio.

Rental housing types

Single-unit homes
38.4%
Buildings with 2–4 units
16.8%
Buildings with 5+ units
44.6%
Other rental homes
0.2%
Estimates & uncertainty
Baltimore city, Maryland · 2020–2024 ACS 5-year · 90% margins of error
MeasureEstimateMargin of error
Rental households134,197±2,410
Share of occupied homes rented52.5%±0.9 percentage points
Spend 30%+ of income on rent53.7%±1.5 percentage points
Spend 50%+ of income on rent27.9%±1.1 percentage points
Single-unit homes38.4%±1.3 percentage points
Buildings with 2–4 units16.8%±1.0 percentage points
Buildings with 5+ units44.6%±1.5 percentage points
Other rental homes0.2%±0.1 percentage points

Sampling estimates, not exact counts. Margins of error for derived percentages follow Census guidance. Small differences may not be meaningful.

Census sources & definitions

2020–2024 ACS 5-year combines five years of survey responses. These are period estimates, not current asking rents. Rental households include renter-occupied units; building types describe the building containing the rental. The other category includes mobile homes, boats, RVs and similar housing.

Source: U.S. Census Bureau, tables B25003, B25070 and B25032. Statistical guidance. Data checked Sep 22, 2026. Rental Wire is not affiliated with or endorsed by the Census Bureau.

Download county data & margins of error

Does a property work at that rent?

Use the benchmark as a starting point or enter the lease rent you expect. Price and cost inputs below are editable examples, not local estimates.

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years
$
Ownership costs & reserves

Percentage costs use scheduled rent. Enter your actual tax bill, insurance quote and utility responsibility.

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$/yr
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%
$

Monthly cash flow before income tax

$399

Illustrative price and costs. Edit the assumptions to analyze your property.

Lease rent used
$2,208
Upfront cash
$53,500
Sources, dates & coverage

Baltimore-Columbia-Towson, MD MSA. HUD area ID: METRO12580M12580. Coverage: Anne Arundel County, MD; Baltimore County, MD; Carroll County, MD; Harford County, MD; Howard County, MD; Queen Anne's County, MD; Baltimore city, MD.

HUD gross-rent benchmarks include tenant-paid basic utilities, excluding phone, cable and internet. They are not asking-rent quotes, approved Section 8 rents or housing-authority payment standards.

FY2025 area source (effective Oct 1, 2024; source version Apr 28, 2025) · FY2026 area source (effective Oct 1, 2025; source version May 21, 2026) · FY2027 area source (effective Oct 1, 2026).

ZIP schedules: FY2025 · FY2026 · FY2027. SAFMR methodology.

HUD data checked Sep 22, 2026. Changes can reflect methodology and geographic coverage as well as rents. Missing or non-comparable observations remain unavailable. Future schedules are labelled upcoming.

Source: U.S. Department of Housing and Urban Development. HUD public-domain reuse policy, section 1.D. Rental Wire is not affiliated with or endorsed by HUD. Retain the source, geography and fiscal year when sharing data.

Calculation assumptions

Cash flow is rent less vacancy, operating costs, replacement reserves and a fixed-rate amortizing mortgage. Mortgage principal is included in cash outflow. Tax deductions, sale proceeds and appreciation are outside this first-year calculation. A target price holds the entered rent, expense amounts, mortgage rate and percentage down payment/closing costs fixed as the price changes. Property taxes and lender terms may change with the actual purchase price.

The benchmark-based input subtracts tenant-paid utilities once to estimate a lease-rent assumption. It does not calculate a voucher subsidy or determine a housing authority's approved rent. In custom-rent mode, the lease rent is used directly. Owner-paid utilities belong in operating costs.

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