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29 Apartments under 700 for rent in Baltimore, MD

Last updated October 17 at 12:53am UTC
546 SAINT MARY STREET
Seton Hill
Baltimore, MD
Updated October 17 at 12:53am UTC
1 Bedroom
$600
1936 E Lafayette Ave
Broadway East
Baltimore, MD
Updated October 16 at 5:30pm UTC
1 Bedroom
$650
3010 Guilford Ave
Charles Village
Baltimore, MD
Updated October 12 at 2:34am UTC
1 Bedroom
$675
4627 Pennington Ave
Curtis Bay
Baltimore, MD
Updated October 10 at 5:42pm UTC
Studio
$525
4620 York Rd
Kernewood
Baltimore, MD
Updated October 10 at 5:42pm UTC
Studio
$625
324 EUTAW ST #2R
Downtown Baltimore
Baltimore, MD
Updated October 10 at 2:41pm UTC
1 Bedroom
$550
324 EUTAW ST #2F
Downtown Baltimore
Baltimore, MD
Updated October 10 at 2:41pm UTC
1 Bedroom
$650
1611 SAINT PAUL ST #EFF
Charles North
Baltimore, MD
Updated October 10 at 2:40pm UTC
Studio
$675
1043 W Lanvale St
Harlem Park
Baltimore, MD
Updated October 9 at 6:10pm UTC
Studio
$600
5136 BELAIR ROAD
Waltherson
Baltimore, MD
Updated October 4 at 11:19pm UTC
1 Bedroom
$695
916 LIGHT STREET
Federal Hill - Montgomery
Baltimore, MD
Updated October 4 at 7:28pm UTC
1 Bedroom
$299
1302 SPRING STREET
Oliver
Baltimore, MD
Updated October 4 at 7:26pm UTC
2 Bedrooms
$650
324 EUTAW STREET
Downtown Baltimore
Baltimore, MD
Updated October 1 at 5:34pm UTC
1 Bedroom
$650
218 S Augusta Ave
Irvington
Baltimore, MD
Updated September 30 at 5:25pm UTC
Studio
$400
4101 AUDREY AVENUE
Brooklyn
Baltimore, MD
Updated September 20 at 1:10am UTC
1 Bedroom
$699
3430 7TH STREET
Brooklyn
Baltimore, MD
Updated September 20 at 1:10am UTC
1 Bedroom
$699
1212 McCulloh St
Upton
Baltimore, MD
Updated September 19 at 9:39am UTC
1 Bedroom
$695
2921 BELMONT AVENUE
Rosemont
Baltimore, MD
Updated September 16 at 1:31am UTC
1 Bedroom
$550
1211 W North Ave
Druid Heights
Baltimore, MD
Updated September 14 at 1:42am UTC
1 Bedroom
$689
3910 WASHINGTON STREET
Lansdowne - Baltimore Highlands
Baltimore, MD
Updated September 26 at 12:41am UTC
1 Bedroom
$600
1231 Hollins St
Hollins Park
Baltimore, MD
Updated September 15 at 12:56pm UTC
1 Bedroom
$550
523 S Fulton Ave
Pratt Monroe
Baltimore, MD
Updated October 16 at 5:30pm UTC
1 Bedroom
$600
2126 Maryland Ave
Charles North
Baltimore, MD
Updated October 16 at 5:28pm UTC
Studio
$400
1213 W North Ave
Druid Heights
Baltimore, MD
Updated October 15 at 9:33am UTC
1 Bedroom
$689

October 2018 Baltimore Rent Report

Welcome to the October 2018 Baltimore Rent Report. Baltimore rents declined over the past month. In this report, we'll evaluate trends in the Baltimore rental market, including comparisons to cities throughout the metro, state, and nation.

View full Baltimore Rent Report
Rent Report
Baltimore

October 2018 Baltimore Rent Report

Welcome to the October 2018 Baltimore Rent Report. Baltimore rents declined over the past month. In this report, we'll evaluate trends in the Baltimore rental market, including comparisons to cities throughout the metro, state, and nation.

Baltimore rents declined significantly over the past month

Baltimore rents have declined 0.5% over the past month, and have decreased significantly by 2.3% in comparison to the same time last year. Currently, median rents in Baltimore stand at $940 for a one-bedroom apartment and $1,180 for a two-bedroom. This is the third straight month that the city has seen rent decreases after an increase in June. Baltimore's year-over-year rent growth lags the state average of 0.7%, as well as the national average of 0.9%.

Rents rising across the Baltimore Metro

While rent prices have decreased in Baltimore over the past year, the rest of the metro is seeing the opposite trend. Rents have risen in 7 of the largest 10 cities in the Baltimore metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

  • Over the past year, Towson has seen the biggest rent drop in the metro, with a decline of 3.3%. Median two-bedrooms there cost $1,470, while one-bedrooms go for $1,170.
  • Annapolis has seen the fastest rent growth in the metro, with a year-over-year increase of 2.8%. The median two-bedroom there costs $1,860, while one-bedrooms go for $1,480.
  • Essex has the least expensive rents in the Baltimore metro, with a two-bedroom median of $1,110; rents were up 0.1% over the past month and 1.7% over the past year.
  • Columbia has the most expensive rents of the largest cities in the Baltimore metro, with a two-bedroom median of $1,930; rents grew 0.2% over the past month and 0.5% over the past year.

Baltimore rents more affordable than many other large cities nationwide

As rents have fallen significantly in Baltimore, many similar cities nationwide have seen prices increase, in some cases substantially. Baltimore is also more affordable than most comparable cities across the country.

  • Baltimore's median two-bedroom rent of $1,180 is equal to the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 2.3% decline in Baltimore.
  • While rents in Baltimore fell significantly over the past year, many cities nationwide saw increases, including Austin (+1.2%), Boston (+0.8%), and Columbus (+0.7%).
  • Renters will find more reasonable prices in Baltimore than most similar cities. For example, Boston has a median 2BR rent of $2,100, which is more than one-and-a-half times the price in Baltimore.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Baltimore $940 $1,180 -0.5% -2.3%
Columbia $1,530 $1,930 0.2% 0.5%
Glen Burnie $1,180 $1,470 0.1% 1.4%
Ellicott City $1,480 $1,860 -0.8% 1.2%
Dundalk $940 $1,180 0.1% 0.6%
Towson $1,170 $1,470 0.4% -3.3%
Severn $1,300 $1,630 -0.2% -0.9%
Catonsville $1,110 $1,390 -0.2% 1.5%
Essex $890 $1,110 0.1% 1.7%
Annapolis $1,480 $1,860 -0.9% 2.8%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.