Baltimore

Maryland · Ranked #54 of 102 metros

48Moderate

Median Home Price

🏠

$350K

Need $101K income

Median Rent

🔑

$2K

Need $60K income

Housing Shortage

📉

35,000

units needed

Building Permits

🔨

8,000

annual

Median Income

💰

$78K

Pop: 2,800,053

Rent Burden

⚠️

33.5%

of renters paying >30%

Price Change (YoY)

📈

+4%

Homeownership

🏡

63.0%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricBaltimoreNational
Price-to-Income Ratio4.5x6.1x
Rent Burden33.5%31.5%
Homeownership Rate63.0%65.5%
YoY Price Change+4%+3.5%
YoY Rent Change+3%+2.8%
Mortgage Denial Rate15.0%13.5%
Eviction Rate5.8%3.6%