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108 Cheap Apartments for rent in Baltimore, MD

Last updated December 11 at 2:01pm UTC
Yorkewood Apartments
1101 1/2 Ramblewood Rd
Baltimore, MD
Updated December 11 at 1:42pm UTC
1 Bedroom
Ask
2 Bedrooms
$920
3 Bedrooms
$1,100
Blackstone
3333 N Charles St
Baltimore, MD
Updated December 11 at 12:44pm UTC
Studio
$922
1 Bedroom
$1,426
2 Bedrooms
$1,926
Middle Branch
2868 Potee St
Baltimore, MD
Updated December 11 at 12:33pm UTC
1 Bedroom
$759
3 Bedrooms
$999
611 Park Avenue
611 Park Ave
Baltimore, MD
Updated December 11 at 12:26pm UTC
Studio
$873
1 Bedroom
$1,055
Sequoia Manor
3801 Wabash Ave
Baltimore, MD
Updated December 11 at 2:01pm UTC
1 Bedroom
$875
2 Bedrooms
$950
Campus Square
2719 N Charles St
Baltimore, MD
Updated December 11 at 12:23pm UTC
Studio
Ask
1 Bedroom
$876
3 Bedrooms
$1,800
Hamilton Park
6136 Fairdel Ave
Baltimore, MD
Updated December 11 at 12:03pm UTC
Studio
Ask
1 Bedroom
$800
3 Bedrooms
$1,255
Jefferson House
4 E 32nd St
Baltimore, MD
Updated December 11 at 12:14pm UTC
Studio
$848
1 Bedroom
$1,152
Jamestowne Apartments & Townhomes
5364 Jamestowne Ct
Baltimore, MD
Updated December 11 at 7:43am UTC
Studio
$775
2 Bedrooms
$1,030
3 Bedrooms
$1,220
Boston Crossing
5800 Boston St
Baltimore, MD
Updated December 11 at 6:31am UTC
1 Bedroom
$850
2 Bedrooms
$950
Park Plaza East & West
4016 Fords Ln
Baltimore, MD
Updated December 11 at 12:53pm UTC
1 Bedroom
$960
2 Bedrooms
Ask
Caral Gardens
402 Colleen Rd
Baltimore, MD
Updated December 11 at 1:10pm UTC
1 Bedroom
$760
2 Bedrooms
$780
Maplewood Apts
956 Argonne Dr
Baltimore, MD
Updated December 11 at 1:38pm UTC
1 Bedroom
$700
2 Bedrooms
$875

December 2018 Baltimore Rent Report

Welcome to the December 2018 Baltimore Rent Report. Baltimore rents increased 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

December 2018 Baltimore Rent Report

Welcome to the December 2018 Baltimore Rent Report. Baltimore rents increased 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 increased significantly over the past month

Baltimore rents have increased 0.4% over the past month, but have decreased moderately by 1.2% in comparison to the same time last year. Currently, median rents in Baltimore stand at $940 for a one-bedroom apartment and $1,190 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in September. Baltimore's year-over-year rent growth lags the state and national averages, which both stand at 1.3%.

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.

  • Catonsville has seen the fastest rent growth in the metro, with a year-over-year increase of 3.4%. The median two-bedroom there costs $1,410, while one-bedrooms go for $1,120.
  • Over the past year, Towson has seen the biggest rent drop in the metro, with a decline of 3.6%. Median two-bedrooms there cost $1,460, while one-bedrooms go for $1,160.
  • Essex has the least expensive rents in the Baltimore metro, with a two-bedroom median of $1,120; rents were up 0.1% over the past month and 1.7% over the past year.
  • Odenton has the most expensive rents of the largest cities in the Baltimore metro, with a two-bedroom median of $2,280; rents went down 0.3% over the past month but rose 2.5% over the past year.

Baltimore rents more affordable than many similar cities nationwide

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

  • Baltimore's median two-bedroom rent of $1,190 is slightly above the national average of $1,180. Nationwide, rents have grown by 1.3% over the past year compared to the 1.2% decline in Baltimore.
  • While rents in Baltimore fell moderately over the past year, many cities nationwide saw increases, including Austin (+3.1%), Boston (+1.8%), and Philadelphia (+1.3%).
  • Renters will find more reasonable prices in Baltimore than most similar cities. For example, Boston has a median 2BR rent of $2,090, 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 $1,190 0.4% -1.2%
Columbia $1,530 $1,920 -0.0% 1.4%
Glen Burnie $1,180 $1,480 0.2% 2.7%
Ellicott City $1,480 $1,860 0.2% 1.6%
Dundalk $930 $1,170 -0.5% -0.7%
Towson $1,160 $1,460 -0.5% -3.6%
Catonsville $1,120 $1,410 0.4% 3.4%
Essex $890 $1,120 0.1% 1.7%
Annapolis $1,480 $1,860 0.4% 3.2%
Odenton $1,820 $2,280 -0.3% 2.5%
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.