Baltimore
Maryland · Ranked #309 of 373 metros
48Moderate
💡
Housing in Baltimore costs 4.09× the median income, below the national average of 4.5×. The median home price is $386K and median rent is $1,557/month. Baltimore ranks #309 of 373 metros for affordability.
Median Home Price
🏠$386K
Need $101K income
Median Rent
🔑$1,557
Need $60K income
Housing Shortage
📉35,000
units needed
Building Permits
🔨8,000
annual
Median Income
💰$94K
Pop: 2,800,053
Rent Burden
⚠️33.5%
of renters paying >30%
Price Change (YoY)
📈+4%
Homeownership
🏡67.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Baltimore | National |
|---|---|---|
| Price-to-Income Ratio | 4.09x | 6.1x |
| Rent Burden | 33.5% | 31.5% |
| Homeownership Rate | 67.0% | 65.5% |
| YoY Price Change | +4% | +3.5% |
| YoY Rent Change | +3% | +2.8% |
| Mortgage Denial Rate | 15.0% | 13.5% |
| Eviction Rate | 5.8% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +45.4%Since 2000: +185.2%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,362/mo
1 Bedroom$1,511/mo
2 Bedroom$1,857/mo
3 Bedroom$2,358/mo
4 Bedroom$2,611/mo
Zillow Market Data
Home Value (ZHVI)
$394K
1yr: +0.8%5yr: +22.4%
Rent (ZORI)
$1,857/mo
1yr: +2.4%5yr: +26.8%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$509K
Active Inventory
2,892
Days on Market
36
Sold Above List
39.4%
Price Drops
30.3%