ZIP Code · MD

ZIP 21207

Part of Gwynn oak, MD

Pop. 47,099·Baltimore County·135th most expensive ZIP in Maryland

Median rent (all units)

$1,439/mo

Year-over-Year

+3.5%

Month-over-Month

+0.1%

vs US Median

-$493

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 21207 · $1,439

More affordable than 77% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,270

1 BR

$1,450

2 BR

$1,770

3 BR

$2,280

4 BR+

$2,550

Research median

$1,770/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in ZIP 21207 usually run 1.1% below trend in December and 1% above it in August, about $30 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 21207 is at its highest level since Zillow's records here began in October 2021.

Past year vs. the rest of Maryland

Rent in ZIP 21207 changed +3.5% over the year to September 2026. Across the 124 Maryland ZIP codes Zillow tracks, the typical change was +2.6%.

Recent direction

Rent has risen 4 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($67,060) is $1,677 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,450); a 2-bedroom is $1,770.

From Zillow's monthly rent index (ZORI) for ZIP 21207. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$17,268/yr

At $1,439/mo median

Location

CityGwynn oak

StateMD

CountyBaltimore County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.5% YoY, +0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 21207 (Gwynn oak, MD) is majority owner-occupied, 29.3% of residents hold a bachelor's degree or higher.

Population

47,099

Median income

$67,060

Median age

39.5

Renters

39.3%

Age distribution

22.3%

21.1%

24.8%

13.1%

18.7%

Under 1822.3%

18–3421.1%

35–5424.8%

55–6413.1%

65+18.7%

Gender

46.2%

53.8%

Male46.2%

Female53.8%

Race & ethnicity

77.4%

White8.3%

Black77.4%

Hispanic9.5%

Asian3%

Other1.8%

Education (25+)

30.3%

28.7%

29.3%

No HS diploma11.7%

HS diploma30.3%

Some college28.7%

Bachelor's+29.3%

Housing tenure

60.7%

39.3%

Owner60.7%

Renter39.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How ZIP 21207 in Gwynn oak, MD has changed in 5 years

Rent

$1,284 → $1,439

up 12.1%

Income

$57,011 → $67,060

up 17.6%

Population

51,927 → 47,099

down 9.3%

Renter share

38.8% → 39.3%

+0.5 pts

Bachelor's+

28.1% → 29.3%

+1.2 pts

Median age

37.7 → 39.5

+1.8 yrs

Rent in ZIP 21207 in Gwynn oak, MD has increased 12.1% since 2022, going from about $1,284 per month to roughly $1,439 today. Household income in the area moved from $57,011 to $67,060 across the same window, up 17.6% versus 2021. Income growth outran rent by about 5.5 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 51,927 to 47,099 between 2021 and 2024, a 9.3% change. Reading these numbers side by side helps frame whether current listings in ZIP 21207 in Gwynn oak, MD look reasonable against where the market sat half a decade ago.

Community

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Local insights

Tips for renters in ZIP 21207

About renting in ZIP 21207

Last updated: October 17, 2026

ZIP code 21207 covers Gwynn oak, MD. The median rent here is $1,439/mo as of October 2026. A 1-bedroom rents for a median of $1,450/mo. A 2-bedroom rents for a median of $1,770/mo.

At 26% of local median household income ($67,060/yr), ZIP 21207 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 21207?

To keep rent at or below 30% of gross income, you would need to earn at least $58,000/year (about $28/hour full-time) to afford the median rent of $1,439/mo in ZIP 21207. The local median household income is $67,060/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 21207?

Rent in ZIP 21207 has risen 3.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in October 2021.

When is the cheapest time to rent in ZIP 21207?

Asking rents in ZIP 21207 are usually lowest in December, about 1.1% below their yearly trend, and highest in August, about 1% above it. At today's median that is a gap of roughly $30 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 21207 compare to other ZIPs in Maryland?

ZIP 21207 is one of the more affordable among Maryland ZIP codes for rent, ranking #135 of 140 at $1,439/mo. Over the year to September 2026, rent in ZIP 21207 changed +3.5%, against a typical +2.6% across the 124 Maryland ZIP codes Zillow tracks.

Income Affordability

26%

AFFORDABLE

At $1,439/mo, rent takes ~26% of ZIP 21207's median household income ($67,060/yr). The standard benchmark is 30%.

ZIP 21207 26%Benchmark 30%

State income tax2–5.75%

Nearby ZIPs

21215

Baltimore · $1,312/mo

-$127

21229

Baltimore · $1,528/mo