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As inflation soars, here’s how average apartment rents are trending in Baltimore

July 12, 2022
apartment buildings, housing concept

What experts are calling a “perfect storm” of factors has driven rents to all-time highs, and while Baltimore rates have soared in the last two years, the region still remains more affordable than other East Coast cities. The national average apartment rent increased to $1,736 per month in the second quarter — a 17% increase from a year ago — according to data from RealPage Market Analytics. That amounts to a $251 increase per month at a time when inflation is soaring across the nation.

Article Source: Baltimore Business Journal

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