Average Rent in 21202, Baltimore, MD

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Current Versus Historical 21202, Baltimore, MD Rents

21202 rentals average $1,280 for a 1-bedroom rental to $2,800 for a 3-bedroom rental. The median price of all currently available listings is $2,050, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $183 (-14.85%) year-over-year from $1,233 to $1,050. 1-bedroom rentals prices have increased by $48 (3.64%) year-over-year from $1,327 to $1,375. 2-bedroom rentals prices have increased by $430 (20.33%) year-over-year from $2,114 to $2,544. 3-bedroom rentals prices have increased by $446 (17.53%) year-over-year from $2,546 to $2,992. 4-bedroom rentals prices have increased by $5,853 (355.47%) year-over-year from $1,647 to $7,500. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.63% this month. 1-bedroom rents have gone up by 4.10% this month. 2-bedroom rents have gone up by 14.87% this month. 3-bedroom rents have gone up by 18.62% this month. 4-bedroom rents have gone up by 63.64% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.76 $1,375 $1,327 (3.64%) $1,158 (18.71%)
2 BR $2.04 $2,544 $2,114 (20.33%) $1,659 (53.33%)
3 BR $1.79 $2,992 $2,546 (17.53%) $2,212 (35.24%)

Historical Rents in 21202, Baltimore, MD

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 21202

There are a total of 2 cities nearby 21202. The average rent in 21202 is currently $1,962 per month. Only one city nearby has an average rent lower than that. Our records show that Baltimore, MD, with an average rent of $1,800, is the most affordable city nearby. In contrast, the most expensive city near 21202, Baltimore, MD is Towson, MD. Monthly rents here are on average $2,123 per month.

Let's compare 21202, Baltimore, MD's rent against other top cities nearby by bedroom size. Typically, rent for studios in 21202, Baltimore, MD is inf% more affordable than other cities nearby. One bedrooms are about 28.89% more affordable. Two bedrooms in 21202, Baltimore, MD are about 2.69% more expensive. Finally, rent for three bedrooms are about 16.52% more expensive. Want more information? Check out the top 2 cities near 21202, Baltimore, MD in the following chart.
City Studio 1 Bed 2 Bed All
Baltimore, MD $1,265 $1,433 $1,795 $1,800
Towson, MD $1,512 $1,867 $2,341 $2,123

Top Neighborhoods Near 21202



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near 21202

The average rent for rentals in these counties is $2,018. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Baltimore, MD. It's average rent per month is $1,800. Vice versa, with an average rent of $2,235, Baltimore, MD is the most expensive county by 21202, Baltimore, MD.

Typically, rent for studios in 21202, Baltimore, MD is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 21202, Baltimore, MD is 27.29% more affordable than other counties nearby. Finally, rent for two bedrooms in 21202, Baltimore, MD is 4.36% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Baltimore, MD $1,265 $1,433 $1,795 $1,800
Baltimore, MD $1,661 $1,826 $2,270 $2,235

Top Zipcodes Near 21202

There are a total of 4 zipcodes in or near 21202, Baltimore, MD. The average rent for all of these zipcodes is $2,243.

The following chart includes the top 4 zipcodes in 21202, Baltimore, MD. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
21224, Baltimore, MD N/A $1,859 $1,900 $2,296
21204, Towson, MD N/A $1,876 $2,398 $2,190
21230, Baltimore, MD $1,400 $1,598 $1,975 $2,380
21217, Baltimore, MD N/A $1,475 $1,675 $1,599

Frequently Asked Questions - 21202 Average Rents

What is the average rent price in 21202, Baltimore, MD?
The average monthly rental price for 21202, Baltimore, MD apartments for rent is approximately $2,050. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 21202, Baltimore, MD rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 21202, Baltimore, MD.
How much is a studio apartment in 21202, Baltimore, MD?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 21202.
How much is a one bedroom apartment in 21202, Baltimore, MD?
The average monthly rental price for one bedroom apartments is $1,280 and an average price per square feet of $1.76. There are a total of 15 one bedroom apartment listings currently available for rent in 21202.
How much is a two bedroom apartment in 21202, Baltimore, MD?
The average monthly rental price for two bedroom apartments is $2,125 and an average price per square feet of $2.04. There are a total of 16 two bedroom apartment listings currently available for rent in 21202.
How have rent prices in 21202, Baltimore, MD changed this year?
Rent prices for rentals in 21202, Baltimore, MD can fluctuate yearly. Specifically, studio rental prices have changed by -0.15%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.20%, and three bedroom rental prices have changed by 0.18% year-over-year.
What is a reasonable rent price in 21202, Baltimore, MD?
A reasonable rent price in 21202, Baltimore, MD is around $1,640/month. You can search for these reasonably priced rental listings on RentHop.
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