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Baltimore, MD

Housing in Baltimore, MD: Rent, Home Prices & Property Tax

$1,509/mo (1 bd) in Baltimore. Median home $373,300. Property tax 1.12%.

Rent (1 bd)
$1,509
/mo
Buy
$2,578
Mortgage, tax, insurance
Buying costs more
$1,069
/mo

State tax and rent

To buy

  • 20% down payment$74,660
  • Mortgage at 6.5%$1,888
  • Property tax (1.12% of value)$348/mo · $4,181/yr
  • Insurance and upkeep$342
  • Monthly total$2,578

48.6% of renters spend 30% or more of income on rent. Census ACS 2023.

Months to 20% down

$2,414 left each month. About 31 months (2.6 years) to save $74,660.

Asking rent. Census median home price. 30-year fixed, 6.5%, 20% down. Not lending advice.

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