These are the key takeaways from the report for the Baltimore-Columbia-Towson, MD metro area:
- In 2023, the median rent in the Baltimore metro was $1,706 per month.
- It’s now $2,146—a 25.8% year-over-year increase.
- Among large U.S. metros, Baltimore rent prices have experienced the 3rd largest increase in the last year.
Geographic Differences in Median Rent Increases
Source: Construction Coverage analysis of U.S. Department of Housing and Urban Development’s (HUD) 50th Percentile Rent Estimates data | Image Credit: Construction Coverage
Here is a link to the complete results
of the analysis, with data on more than 350 U.S. metros and all 50 states. Feel free to republish or use the findings in your own write-up. If you choose to use the analysis, please link to the original report: https://constructioncoverage.com/research/cities-with-the-largest-rent-increases-decreases