Rents are 20% below what Dundalk's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,581 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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Who lives here
Dundalk, MD is majority owner-occupied, has a median income below the national average, 15.7% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Dundalk, MD has changed in 5 years
Five years ago, renters in Dundalk, MD paid around $1,402 a month. That figure now sits near $1,581, up 12.8% from the 2021 baseline. Census figures show median household income at $64,520 today, compared with $58,203 five years earlier. The renter share has eased from 37.6% to 35.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 13.3% to 15.7% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.
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Can you afford rent in Dundalk on your salary?
At $1,581/mo, how Dundalk rent compares to typical pay (30% rule).
Dundalk rent by bedroom count
Median rent for each apartment size in Dundalk. Click any size for full breakdown.
Tips for renters in Dundalk
Last updated: August 17, 2026
The median rent in Dundalk is $1,581/mo as of August 2026. A studio apartment averages $1,250/mo while a 2-bedroom runs $1,750/mo. One-bedroom apartments average $1,430/mo and 3-bedroom units go for $2,270/mo.
At 29% of local median household income ($64,520/yr), Dundalk ranks as affordable compared to the national benchmark of 30%. Rents have decreased 9.0% over the past year.
Frequently asked questions
Is Dundalk an affordable city for renters?
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Is rent going up or down in Dundalk?
How does Dundalk rent compare to other cities in Maryland?
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What percentage of Dundalk residents rent vs. own?
How does Dundalk rent compare to the national average?
At $1,581/mo, rent takes ~29% of Dundalk's median household income ($64,520/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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