ZIP Code · MD

ZIP 21218

Pop. 44,014·Baltimore City·133rd most expensive ZIP in Maryland
Median rent (all units)
$1,454/mo
Year-over-Year
+1.5%
Month-over-Month
+0.6%
vs US Median
-$478
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 21218 · $1,454
More affordable than 76% 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

November. Asking rents in ZIP 21218 usually run 1% below trend in November and 0.8% above it in June, about $26 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 21218 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Maryland

Rent in ZIP 21218 changed +1.5% over the year to September 2026. Across the 124 Maryland ZIP codes Zillow tracks, the typical change was +2.6%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 21218 rose 32.5% while median household income rose 32.9% ($47,029 to $62,488). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 21218 is 37.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 4 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($62,488) is $1,562 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,450); a 2-bedroom is $1,770.

Rank in Baltimore

3rd cheapest of 20 ZIP codes in Baltimore.

From Zillow's monthly rent index (ZORI) for ZIP 21218. 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
$17,448/yr
At $1,454/mo median
Location
StateMD
CountyBaltimore City
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.5% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 21218 (Baltimore, MD) is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 44.7% of residents hold a bachelor's degree or higher.

Population
44,014
Median income
$62,488
Median age
35
Renters
51.9%
Age distribution
16.3%
33.8%
22.2%
16.1%
Under 1816.3%
18–3433.8%
35–5422.2%
55–6411.6%
65+16.1%
Gender
48.3%
51.7%
Male48.3%
Female51.7%
Race & ethnicity
27.7%
58.8%
White27.7%
Black58.8%
Hispanic5.5%
Asian4.9%
Other3.1%
Education (25+)
26.2%
18.4%
44.7%
No HS diploma10.7%
HS diploma26.2%
Some college18.4%
Bachelor's+44.7%
Housing tenure
48.1%
51.9%
Owner48.1%
Renter51.9%

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

2021 vs 2026

How ZIP 21218 in Baltimore, MD has changed in 5 years

Rent
$1,140 → $1,454
up 27.5%
Income
$56,250 → $62,488
up 11.1%
Population
47,081 → 44,014
down 6.5%
Renter share
51.3% → 51.9%
+0.6 pts
Bachelor's+
43.3% → 44.7%
+1.4 pts
Median age
33.3 → 35
+1.7 yrs

Compared with 2021, rent in ZIP 21218 in Baltimore, MD has increased by $314 per month, settling near $1,454 after starting the period at $1,140. Median household income grew from $56,250 to $62,488 between 2021 and 2024, a 11.1% shift. Rent outpaced income growth by roughly 16.4 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 47,081 to 44,014 between 2021 and 2024, a 6.5% change. Taken together, the five-year picture in ZIP 21218 in Baltimore, MD reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 21218

Last updated: October 17, 2026

ZIP code 21218 covers Baltimore, MD. The median rent here is $1,454/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 28% of local median household income ($62,488/yr), ZIP 21218 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 21218?

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 $1,454/mo in ZIP 21218. The local median household income is $62,488/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 21218?

Rent in ZIP 21218 has risen 1.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in ZIP 21218?

Asking rents in ZIP 21218 are usually lowest in November, about 1% below their yearly trend, and highest in June, about 0.8% above it. At today's median that is a gap of roughly $26 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 21218?

No. From 2019 to 2024, rent in ZIP 21218 rose 32.5% while median household income rose 32.9%, from $47,029 to $62,488. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 21218 compare to other ZIPs in Maryland?

ZIP 21218 is one of the more affordable among Maryland ZIP codes for rent, ranking #133 of 140 at $1,454/mo. Over the year to September 2026, rent in ZIP 21218 changed +1.5%, against a typical +2.6% across the 124 Maryland ZIP codes Zillow tracks.

How does ZIP 21218 compare to the rest of Baltimore?

At $1,454/mo, ZIP 21218 is $308 below the Baltimore citywide median of $1,762/mo. It is the 3rd cheapest of 20 ZIP codes in Baltimore.
Income Affordability
28%
AFFORDABLE

At $1,454/mo, rent takes ~28% of ZIP 21218's median household income ($62,488/yr). The standard benchmark is 30%.

ZIP 21218 28%Benchmark 30%
State income tax2–5.75%
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Public schools near ZIP 21218 (Baltimore, MD)

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