Craigslist Apartments Baltimore (2024)

FAQs

Why is rent so expensive in Baltimore? ›

More People - The population in Baltimore, MD, has steadily increased for the past few years, and the trend should continue. With more people moving to the area, there's a demand for housing, which could drive up rental prices.

Baltimore, MD housing market

In May 2024, the median listing home price in Baltimore, MD was $224.9K, trending up 14.2% year-over-year. The median listing home price per square foot was $165. The median home sold price was $174.4K.

115,658 or 51% of the households in Baltimore City, MD are renter-occupied while 111,568 or 49% are owner-occupied.

If you're looking for affordable living near Baltimore, consider Middle River, Essex, Lutherville, and other nearby suburban areas.

BALTIMORE -- If you're a single adult living in Baltimore, you'll need to make an $84,989 salary to 'live comfortably', according to a 2024 study by Smart Asset.

Approximately 2 in 10 Baltimore City residents live below the poverty line (22.9 percent) and approximately 4 in 10 families with children Page 3 50 City of Baltimore Comprehensive Master Plan live below 150 percent of the poverty line (39.5 percent).

Approximately 1,600 men, women, and children are homeless in Baltimore City on any given night. Lack of affordable housing, low incomes, and limited access to comprehensive services are primary causes of homelessness.

Maryland is known to be a very tenant-friendly state, with Baltimore being one of the most tenant-friendly cities.

What percent of Baltimore lives in poverty? ›

In Baltimore City poverty rates fell by 2.8 percentage points, from 22.4 percent to 19.6 percent.

How do Baltimore prices compare to other US cities? Baltimore is ranked 72 out of 273 cities across the US in terms of cost of living. The cost of living in Baltimore is 103.2% of the national average.

Baltimore is located in close proximity to several other major cities, including Washington D.C., Philadelphia, and New York City. This makes it easy for residents to travel to other destinations for work or leisure, and also provides access to a wide range of job opportunities and cultural attractions.

Like many other American cities, Baltimore is a post-industrial city in the Rust Belt with an impoverished population that is largely African American whose economic problems can in part be attributed to deindustrialization.

Unlike the D.C. housing market, Baltimore is considerably more affordable. “The median price of a condo in the District is about $465,000.