RentalCalcs
ToolsMarket MapMy DealsPricingBlog
RentalCalcs

Professional real estate investment calculators to help you analyze deals faster and make confident investment decisions.

Product

  • Tools
  • Market Map
  • Pricing
  • Blog
  • About

Top Markets

  • Harris County, TX
  • Maricopa County, AZ
  • San Diego County, CA
  • Miami-Dade County, FL
  • Dallas County, TX
  • Clark County, NV
  • Browse All Markets →

Legal

  • Terms of Service
  • Privacy Policy
  • Contact

© 2026 RentalCalcs. All rights reserved.

Market MapBaltimore, MD
Metropolitan Area

Baltimore, MD

Maryland06 counties
55
/100
Hold
#632 of 894 metros
Top 71% nationally for investing

Market Snapshot

$391,727
Median Home Price
60% above national median
$1,892/mo
Median Rent
37% above national median
5.80%
Rent-to-Price Ratio
Top 56% nationally
-$824
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$391,727
Down Payment (20%)$78,345
Loan Amount$313,382
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,892
Monthly P&I-$2,053
Est. Expenses (35%)-$662
Net Cash Flow-$824/mo
3.8%
Cap Rate (all cash)
-11.0%
Cash-on-Cash Return
5.80%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.8% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
55/100
55
Cash Flow(30%)
57/100

Based on 5.80% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
64/100

Based on 1.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
46/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Low unemployment (0.0%)
  • +Large metro with 6 counties offering diverse opportunities

Challenges

  • -Negative cash flow at typical financing (-$824/mo)
  • -Negative leverage (cap rate 3.8% < mortgage rate 6.9%)

Counties in Baltimore, MD

Best Overall
Baltimore City
MD - Score: 70
Verdict
Baltimore CityMD
584,54870$181,780$1,71411.31%BuyView
BaltimoreMD
850,73759$351,194$1,7015.81%HoldView
HarfordMD
261,05956$405,860$1,7355.13%HoldView
Anne ArundelMD
588,10955$493,267$2,2105.38%HoldView
CarrollMD
173,22552$478,680$1,7254.32%HoldView
HowardMD
332,01148$617,848$2,2064.28%HoldView

Click any county to see detailed investment analysis

Compare to Similar Metros

Metro AreaVerdict
Utica, NY
Utica, NY
75$218,900$1,4137.75%Strong BuyView
Springfield, IL
Springfield, IL
75$187,233$1,1207.18%Strong BuyView
Columbus, MS
Columbus, MS
75$178,027$1,3539.12%Strong BuyView
Youngstown, OH
Youngstown, OH
75$165,204$1,0077.31%Strong BuyView
Tupelo, MS
Tupelo, MS
75$178,650$1,1837.94%Strong BuyView
Current
Baltimore, MD
55$391,727$1,8925.80%Hold

The Bottom Line

HoldBaltimore, MD is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Baltimore, MD metro area scores 55/100, ranking #632 of 894 US metros (top 71%). The 5.80% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Among 6 counties, Baltimore City shows the strongest investment potential (score: 70). Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-824/mo
Cap Rate
3.8%
Cash-on-Cash
-12.6%

Ready to Invest in Baltimore, MD?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

Single Family1-4 unit rentalsHouse HackOwner-occupiedMultifamily5+ unit propertiesBest CountyBaltimore City
Explore Other Markets