What's a good cap rate in Baltimore?

In Baltimore, cap rates typically run around 7.0% (Baltimore metro median). A deal above that line is outperforming the local market; below it, you're paying up for appreciation or stability. TrueCap shows where any specific Baltimore deal lands versus this benchmark.

What's the average rent for a rental in Baltimore?

A typical rental in Baltimore runs about $1,857–$2,358/mo (HUD Fair Market Rent, 2–3BR). TrueCap auto-fills HUD Fair Market Rent for the exact address you enter.

What is the property tax rate in Maryland?

Maryland's effective property tax rate is about 1.05% of value per year — the figure TrueCap applies by default for Baltimore deals. You can override it with the exact local rate.

Baltimore, MD

Baltimore rental property analysis

Baltimore is a high-cap, high-screening market: rowhouse prices stay low while rents hold up, but neighborhood selection makes or breaks the deal.

Baltimore market snapshot

Balanced market

Mid-range cap rates — cash flow and appreciation are both realistically on the table.

Typical cap rate

7.0%

Baltimore metro median

Typical rent

$1,857–$2,358/mo

HUD FMR · 2–3BR · 2026

Typical price

$130,000–$240,000

est., all-in

Property tax

1.05%

Maryland effective

Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.

Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.

Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated June 2026

Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.

Is Baltimore a good place to buy rentals?

Yields look excellent on paper; the discipline is in block-by-block selection and honest vacancy/turnover assumptions. Strong fit for experienced operators using DSCR financing.

See the full Marylandinvesting guide — taxes, landlord law & top metros →

Neighborhoods to look at in Baltimore

Hamilton

Stable northeast SFR pocket, owner-occupant feel, steady tenants.

Canton

Premium waterfront rowhomes — appreciation and young-professional renters.

Highlandtown

Value-add rowhomes with upside as the area improves.

Neighborhood notes are starting points, not recommendations — always underwrite the specific property.

Run a Baltimore deal in 60 seconds

Paste a Baltimore address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with Maryland tax and HUD rent so you start from the right assumptions.

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