Average Rent in Baltimore-Columbia-Towson, MD
The Fair Market Rent for a 2-bedroom in Baltimore-Columbia-Towson, MD is $1,857 per month, based on HUD data. With a median household income of $97,300, a household would spend 22.9% of income on housing at Fair Market Rent. Rent has decreased 4.4% year over year. The national median 2BR FMR is $1,250/mo for comparison.
Fair Market Rent by Bedroom
| Size | Monthly FMR |
|---|---|
| Studio | $1,362 |
| 1 Bedroom | $1,511 |
| 2 Bedroom | $1,857 |
| 3 Bedroom | $2,358 |
| 4 Bedroom | $2,611 |
Affordability
| Metric | Value |
|---|---|
| Median Household Income | $97,300 |
| Rent Burden (2BR FMR / Income) | 22.9% |
| Income Needed for 2BR (30% rule) | $74,280/yr |