ZIP Code · MD

ZIP 21229

Pop. 46,679·Baltimore City·125th most expensive ZIP in Maryland
Median rent (all units)
$1,528/mo
Year-over-Year
Stable
Month-over-Month
-0.1%
vs US Median
-$404
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 21229 · $1,528
More affordable than 71% 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

February. Asking rents in ZIP 21229 usually run 0.8% below trend in February and 0.6% above it in June, about $21 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 21229 is 2.4% below its high of $1,565 in April 2026, at $1,528 as of September 2026.

Past year vs. the rest of Maryland

Rent in ZIP 21229 changed -0.1% 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 21229 rose 35.3% while median household income rose 25.4% ($47,867 to $60,047). Rent outpaced income.

Since before the pandemic

Rent in ZIP 21229 is 39.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has fallen 5 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($60,047) is $1,501 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

6th cheapest of 20 ZIP codes in Baltimore.

Cheaper nearby

ZIP 21215, 4 miles away, rents for 14% less ($1,312/mo), about $2,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 21229. 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
$18,336/yr
At $1,528/mo median
Location
StateMD
CountyBaltimore City
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-0.1% YoY, -0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 21229 (Baltimore, MD) is majority owner-occupied, has a median income below the national average, 23.9% of residents hold a bachelor's degree or higher.

Population
46,679
Median income
$60,047
Median age
37.5
Renters
43.1%
Age distribution
22.3%
24.8%
23.1%
13.3%
16.5%
Under 1822.3%
18–3424.8%
35–5423.1%
55–6413.3%
65+16.5%
Gender
45.7%
54.3%
Male45.7%
Female54.3%
Race & ethnicity
17.9%
69.7%
White17.9%
Black69.7%
Hispanic6.3%
Asian3.1%
Other2.9%
Education (25+)
36.1%
29.5%
23.9%
No HS diploma10.4%
HS diploma36.1%
Some college29.5%
Bachelor's+23.9%
Housing tenure
56.9%
43.1%
Owner56.9%
Renter43.1%

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

2021 vs 2026

How ZIP 21229 in Baltimore, MD has changed in 5 years

Rent
$1,185 → $1,528
up 28.9%
Income
$48,725 → $60,047
up 23.2%
Population
43,933 → 46,679
up 6.3%
Renter share
45.8% → 43.1%
-2.7 pts
Bachelor's+
21.2% → 23.9%
+2.7 pts

Compared with 2021, rent in ZIP 21229 in Baltimore, MD has increased by $343 per month, settling near $1,528 after starting the period at $1,185. Median household income grew from $48,725 to $60,047 between 2021 and 2024, a 23.2% shift. Rent outpaced income growth by roughly 5.7 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 43,933 to 46,679 between 2021 and 2024, a 6.3% change. About 43.1% of households rent today, against 45.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 21.2% to 23.9%. Taken together, the five-year picture in ZIP 21229 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 21229

Last updated: October 17, 2026

ZIP code 21229 covers Baltimore, MD. The median rent here is $1,528/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 31% of local median household income ($60,047/yr), ZIP 21229 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 21229?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (about $29/hour full-time) to afford the median rent of $1,528/mo in ZIP 21229. The local median household income is $60,047/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 21229?

Rent in ZIP 21229 has been roughly flat over the past year as of September 2026, a -0.1% change. It sits 2.4% below its high of $1,565 in April 2026.

When is the cheapest time to rent in ZIP 21229?

Asking rents in ZIP 21229 are usually lowest in February, about 0.8% below their yearly trend, and highest in June, about 0.6% above it. At today's median that is a gap of roughly $21 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 21229?

Yes. From 2019 to 2024, rent in ZIP 21229 rose 35.3% while median household income rose 25.4%, from $47,867 to $60,047. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 21229 compare to other ZIPs in Maryland?

ZIP 21229 is one of the more affordable among Maryland ZIP codes for rent, ranking #125 of 140 at $1,528/mo. Over the year to September 2026, rent in ZIP 21229 changed -0.1%, against a typical +2.6% across the 124 Maryland ZIP codes Zillow tracks.

How does ZIP 21229 compare to the rest of Baltimore?

At $1,528/mo, ZIP 21229 is $234 below the Baltimore citywide median of $1,762/mo. It is the 6th cheapest of 20 ZIP codes in Baltimore.
Income Affordability
31%
MODERATE

At $1,528/mo, rent takes ~31% of ZIP 21229's median household income ($60,047/yr). The standard benchmark is 30%.

ZIP 21229 31%Benchmark 30%
State income tax2–5.75%
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Public schools near ZIP 21229 (Baltimore, MD)

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