Wakefield, Baltimore, MD Rental Market Trends
Average rent in Wakefield, Baltimore, MD by Number of Bedrooms
The chart below shows the average rent in Wakefield, Baltimore, MD for apartments by number of bedrooms:
Average apartment size in Wakefield, Baltimore, MD
The average apartment size in Wakefield, Baltimore, MD is 622 sqft, which is -38% below the U.S. national average apartment size of 1,003 sqft. This graph illustrates average size in Wakefield, Baltimore, MD for each unit type:
Average Rent in Baltimore, MD by Neighborhood
There are 44 neighborhoods in Baltimore, MD . Little Italy is the most expensive neighborhood, with an average rent of $2,765 ($3.25 per sqft), and Dolfield is the most affordable neighborhood in Baltimore, MD , with an average rent of $970 ($1.44 per sqft). The following tables show the Top 5 neighborhoods in Baltimore, MD by average rent and the top 5 most affordable neighborhoods in Baltimore, MD by average rent:
Top 5 most expensive neighborhoods in Baltimore, MD by average rent:
Top 5 most affordable neighborhoods in Baltimore, MD by average rent:
Average Rent in Baltimore, MD by Zip Code
There are 31 zip codes in Baltimore, MD . 21076 is the most expensive zip code, with an average rent of $2,713 ($2.56 per sqft), and 21216 is the most affordable zip code in Baltimore, MD , with an average rent of $1,140 ($1.53 per sqft). The following tables show the Top 5 zip codes in Baltimore, MD by average rent and the top 5 most affordable zip codes in Baltimore, MD by average rent:
Top 5 most expensive zip codes in Baltimore, MD by average rent:
Top 5 most affordable zip codes in Baltimore, MD by average rent:
Average Apartment Listing Volume and Average Time on Market in Wakefield, Baltimore, MD
Average number of days on market in Wakefield, Baltimore, MD
The average listing remains on the market for 8 days in Wakefield, Baltimore, MD. This is lesser than the national average time on market of 10 days for apartment listings. The chart below shows how many units remain on the market by number of days in Wakefield, Baltimore, MD:
Available Apartments in Wakefield, Baltimore, MD by Unit Type
On May 28, 2023 Hello Data, Inc. surveyed 6 active apartment listings in Wakefield, Baltimore, MD. The graph below shows the breakdown of multifamily units listed by bedroom count:
Frequently Asked Questions – Wakefield, Baltimore, MD Average Rents
What are the most affordable neighborhoods in Baltimore, MD?
The most affordable neighborhoods in Baltimore, MD are Dolfield, where the average rent is $970 ($1.44 per sqft) and Hanlon-Longwood, where renters pay $1,070 ($1.48 per sqft) per month on average.
What are the most expensive neighborhoods in Baltimore, MD?
The most expensive neighborhoods in Baltimore, MD are Little Italy, with an average rent of $2,765 ($3.25 per sqft) and Otterbein, with an average rent of $2,675 ($3.58 per sqft) per month.
What are the most popular neighborhoods in Baltimore, MD?
The most popular neighborhoods in Baltimore, MD are Downtown, with 420 active listings as of May 28, 2023 and Port Covington, with 264 active listings as of May 28, 2023.
How much is a 1 Bedroom apartment in Wakefield, Baltimore, MD?
The average monthly rental price for 1 Bedroom apartments in Wakefield, Baltimore, MD is $1,194 ($1.92 per sqft).