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Baltimore

Learn about the people, housing, costs and businesses in Baltimore County

Median Home$245,640
Median Rent$1,355/month
Population573,243
Leading IndustriesPublic Administration · Healthcare · Arts, Food & Hospitality32% public administration
Home Value Growth⬆⬆+12.3% over 2 years
Young Adults35% of residentstop 5% nationally
Renters52% of occupied units
NotableAmenity Score77/100 · highly walkable area
NotableTransit77/100 · excellent transit access
Baltimore City
MD

Frequently Asked Questions

What are today's mortgage rates in Baltimore?

As of today, the 30-year fixed mortgage rate for Baltimore is approximately 7.118% (7.146% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Baltimore?

The median home value in Baltimore is $246k. The median monthly rent is $1,355. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Baltimore?

Home values in Baltimore have increased 12.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Baltimore?

Based on a typical all-in ownership cost of $1,410/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $60k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Baltimore is $70k/year.

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What industries drive the economy in Baltimore?

The largest employment sectors in Baltimore are public administration (32%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas