Location: Baltimore-Columbia-Towson, MD | Metro: Baltimore-Columbia-Towson, MD MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,530 |
| 1 Bedroom | $1,640 |
| 2 Bedrooms | $2,020 |
| 3 Bedrooms | $2,530 |
| 4 Bedrooms | $2,810 |
| 5 Bedrooms | $3,260 |
| 6 Bedrooms | $3,651 |
| 7 Bedrooms | $3,943 |
| 8 Bedrooms | $4,140 |
U.S. Census Bureau data (2024)
The classification of ZIP 21211 in Baltimore, MD, reveals a unique balance between yield and stability. With a Fair Market Rent (FMR) of $1,910 for fiscal year 2024, compared to the market rent of $2,057, the area offers a modest rental yield. However, the median home value stands at $281,334, which suggests that the property values are relatively stable and not indicative of a high-risk, high-reward "flip-style" market.
The stability axis is further supported by the fact that 39.5% of residents are renters, indicating a moderate level of tenant occupancy. The days on market (DOM) average of 10 days shows that properties are typically rented quickly, suggesting a strong demand for housing in the area. Additionally, the median household income of $82,828 provides a solid financial foundation for tenants, reducing the risk of default and enhancing the overall stability of the investment.
Given these factors, ZIP 21211 leans more towards being a steady-cashflow zone. While the yield is not exceptionally high, the quick turnover of rentals and the moderate income levels support a consistent and reliable cash flow. The relatively stable home values also suggest that there is less volatility in the market, making it a safer bet for small-portfolio investors who prioritize long-term stability over short-term high returns.
To summarize, the figures driving this classification are:
These metrics collectively indicate that ZIP 21211 is a middle-ground option, offering a reasonable yield without compromising on stability, making it suitable for investors seeking a balanced approach to real estate investing in the Baltimore area.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.