The Zumper Baltimore Metro Report analyzed over 11,000 active listings in April across 13 metro cities to show the most and least expensive cities and cities with the fastest growing rents.
Cities Ranked By Rent
The Most Expensive
–Elkridge, MD ranked as the most expensive city to rent with one bedroom units priced at a median of $1,490.
–Annapolis, MD rent grew $70 this month to $1,450 and became the second priciest.
–Columbia, MD was the third with rent at $1,380.
The Least Expensive
–Brooklyn Park, MD remained the most affordable city to rent this month with one bedroom units priced at $750.
–Dundalk, MD was the second least expensive city with rent at $850.
–Westminster & Arbutus, MD, just $20 more than Dundalk, were tied for third with rents at $870.
Yearly Growth Rate
The Fastest Growing (Y/Y%)
–Aberdeen, MD had the fastest growing rent since last year, up 14.6%.
–Dundalk, MD rent had the second largest yearly growth rate, up 13.3%.
–Baltimore, MD ranked as third with rent climbing 10% since last year.
The Fastest Growing (M/M%)
–Brooklyn Park, MD had the fastest growing rent since last month, up a whopping 5.6%.
–Glen Burnie, MD rent, close behind, was the second fastest growing, climbing 5.4%.
–Baltimore, MD also saw a large monthly bump in rent, up 5.2%.
Full Data
| One Bedroom | Two Bedrooms | ||||||
|---|---|---|---|---|---|---|---|
| Pos. | City | Price | M/M % | Y/Y % | Price | M/M % | Y/Y % |
| 1 | Bellevue | $1,970 | -2.50% | -15.10% | $2,350 | 4.00% | -5.20% |
| 2 | Seattle | $1,920 | 3.80% | 7.30% | $2,460 | 0.40% | 3.80% |
| 3 | Redmond | $1,840 | -1.60% | 0.50% | $2,280 | 3.60% | -3.00% |
| 4 | Kirkland | $1,780 | 4.70% | 1.10% | $2,120 | 5.00% | -2.30% |
| 5 | Bothell | $1,550 | 0.60% | 7.60% | $1,860 | 0.00% | 3.30% |
| 6 | Lynnwood | $1,400 | 4.50% | 9.40% | $1,640 | 5.10% | 1.90% |
| 7 | Renton | $1,270 | -3.10% | -8.00% | $1,650 | 0.00% | 1.20% |
| 8 | Kent | $1,140 | 2.70% | 6.50% | $1,390 | 5.30% | 4.50% |
| 9 | Burien | $1,100 | -5.20% | 1.90% | $1,410 | 5.20% | 1.40% |
| 9 | Tacoma | $1,100 | 4.80% | -1.80% | $1,330 | 4.70% | 4.70% |
| 10 | Federal Way | $1,080 | 1.90% | 5.90% | $1,420 | 2.90% | 11.80% |
| 11 | Everett | $1,040 | 4.00% | -10.30% | $1,330 | 3.10% | 4.70% |
| 12 | Puyallup | $980 | -1.00% | -3.00% | $1,240 | 3.30% | 5.10% |
| 13 | Auburn | $900 | 0.00% | -4.30% | $1,180 | 2.60% | -1.70% |
| 14 | Marysville | $870 | 2.40% | 3.60% | $1,160 | 0.00% | 0.00% |
| 14 | University Place | $870 | 3.60% | 2.40% | $1,060 | 5.00% | -0.90% |
| 15 | Lakewood | $770 | -2.50% | 11.60% | $1,200 | 5.30% | 15.40% |
About
The Zumper Baltimore Metro Report analyzed over 11,000 listings that hit the market in April 2017. Listings are aggregated by city to calculate median asking rents.
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