Rental markets / Baltimore

Baltimore fair market rents

Look up HUD rent benchmarks by bedroom and ZIP code, then estimate cash flow with your own price and 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

HUD schedules for the selected bedroom count. Changes are not a rent 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.
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. Figures cover the selected county, which may be only part of the current HUD rental 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 & margins of error
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

These are survey estimates. Margins of error for 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 & margins of error
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

These are survey estimates. Margins of error for 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 & margins of error
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

These are survey estimates. Margins of error for 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 & margins of error
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

These are survey estimates. Margins of error for 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 & margins of error
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

These are survey estimates. Margins of error for 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 & margins of error
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

These are survey estimates. Margins of error for 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 & margins of error
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

These are survey estimates. Margins of error for 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 describe the survey period, not today’s market. Rental households are renter-occupied homes. Housing types refer to the building containing each rental; “other” 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?

Start with the HUD benchmark or enter your expected lease rent. Price and cost defaults are examples, not local estimates.

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Ownership costs & reserves

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Monthly cash flow before income tax

$399

Based on example price and costs. Edit them for 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 data and figures that cannot be compared are marked 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 fixed-rate mortgage payments, including principal. Tax deductions, sale proceeds and appreciation are outside this first-year calculation. The target price uses the same rent, expense amounts, mortgage rate, down-payment percentage and closing-cost percentage. Property taxes and lender terms may change with the actual purchase price.

When using a HUD benchmark, we subtract tenant-paid utilities to estimate lease rent. Custom rent is used as entered. Add utilities you pay to operating costs. This does not determine a voucher subsidy or a housing authority's approved rent.

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