Find property management in Baltimore, MD

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Specialty # of Agencies
Single House or Condo 11
Apartment Buildings 12
Home Owners Association 15
Total Local Companies 28

The average rent for a 3 bedroom house in Baltimore, MD is $1,599.00. When you receive your requested free market assessment, compare the average rent to what a property manager expects your property to rent for before making your decision on which manager to hire.

Baltimore, MD Rental Market Overview

A substantial seaport along the Atlantic, some renowned pro sports teams, world-famous architecture, numerous historic districts and nearly 3 million residents are just a handful of characteristics of Baltimore, a city where apartment leasing is on the rise.

Known historically as a working-class port city, Baltimore continues to transform into something more, as other industries have made their way to the city, including businesses related to finance, arts and culture, healthcare and manufacturing.

Arguably the nation's top hospital, Johns Hopkins, resides in Baltimore, as well as respected state colleges and universities, such as University of Maryland, Baltimore. Also, the Ravens and Orioles, two top-notch organizations of the National Football League and Major League Baseball, provide city residents with teams to root for.

Tourist attractions exist citywide, too. Residents often check out classy restaurants and nightlife spots in the Fell's Point neighborhood and take trips out to sea per Baltimore Harbor Cruises.

Numerous Property Management Firms to Choose From in Baltimore

With millions of residents living in the metro Charm City area, you can be sure that you'll find a number of property management firms ready to do business with you and ensure your property needs are met.

Many of these companies are willing to work with you at your residences to keep everything related to the rental units in order - from dealing with tenant concerns, to checking backgrounds and conducting interviews with applicants, to cleaning up and maintaining a residence.

You'll soon learn after hiring one of these firms that all of your worries and stresses about maintaining a property and helping with renter needs will vanish.

Baltimore Rental Market at a Glance

  Baltimore Area US
2012 Population 2.8 million 380 million
2010 Percentage of renters 42.52% 34.00%
2013 (1st Q) Rental vacancy rate 9.20% 8.40%
2013 Median house price $303,000 $185,000
2013 Median Family income $40,100 $51,400
2013 Median rent (3 bedroom) $1,598 $1,350

The vacancy rate of the Baltimore, Maryland metro area (population: 2,753,149) has declined since its rate of 13.3% in 2010 and is currently 9.2% (first quarter of 2013). The median rent, however, has remained around its current amount of $1,598 over the last three years. The median family income is $40,100 and the median home price is $303,000.

Top Single Family Managers

Ann Arundel, Baltimore, Howard, and Harford Counties, MD

Managing: Single-Family : Multi-Family :
We make owning property profitable and enjoyable!
Free Quote...

9414 Belair Road
Baltimore, MD 21236

Managing: Single-Family : Multi-Family : Association : Commercial
The most comprehensive approach to property management...Contact Us for a Free Property Evaluation
Free Quote...

3706 Crondall Lane, Suite 105
Owings Mills, MD 21117

Managing: Single-Family : Association :
We have the experience, the knowledge, and the answers - you'll have a reliable team on your side.
Free Quote...

Top Multi-Family Managers

9414 Belair Road
Baltimore, MD 21236

Managing: Single-Family : Multi-Family : Association : Commercial
The most comprehensive approach to property management...Contact Us for a Free Property Evaluation
Free Quote...

722 Dulaney Valley Rd , STE 224
Baltimore, MD 21204

Managing: Single-Family : Multi-Family : Association :
Real Estate - Real Commitment
Free Quote...

260 Gateway Drive , Suite 13C
Bel Air, MD 21014

Managing: Single-Family : Multi-Family :
Our years of experience will save you thousands of dollars
Free Quote...

Top Association Managers

12701 Fairlakes Circle
Fairfax , VA 22033

Managing: Association :
Our Strength. Your Success.
Free Quote...

12701 Fair Lakes Circle , Suite 400
Fairfax, VA 22033

Managing: Association :
Our Strength. Your Success.
Free Quote...

3130 Fairview Park Drive Suite 200
Falls Church, VA 22042

Managing: Association :
Our Strength. Your Success.
Free Quote...

Additional
Baltimore, MD Property Management Companies

1805 Eastern Avenue
Baltimore, MD 21231

Managing: Single-Family : Multi-Family :
No upfront fees from the fastest growing management company in the region! See what our clients say about us...
Free Quote...

309 Swanton Lane
Gaithersburg, MD 20878

Managing: Single-Family :
You can have it all in a Property Manager
Free Quote...

Managing: Single-Family :
Specializing in NICE Single family homes & condos in Nice areas.
Free Quote...

9760 Groffs Mill Drive
Owings Mills, MD 21117

Managing: Single-Family : Multi-Family :
Managing each home like it is our own.
Free Quote...

Baltimore City, MD 21201

Managing: Single-Family : Multi-Family : Commercial
Our company ensures that your property is well managed to attract and retain tenants.
Free Quote...

Managing: Multi-Family : Commercial
We believe our experience in the Property Management Industry will enable us to take care of all of your needs.
Free Quote...

1208 East Churchville Rd , Suite 301
Bel Air, MD 21014

Managing: Association :
We listen and focus on the needs of your community.
Free Quote...

PO Box 609
Southeastern, PA 19399

Managing: Multi-Family :
Our clients genuinely enjoy working with us. We take pride in being honest, trustworthy, and responsive at all times.
Free Quote...

4904 York Road, Unit 39692
Baltimore, MD 21212

Managing: Multi-Family :
We manage your properties as if they were our own. We are investors too!
Free Quote...

Managing: Association :
Honesty, integrity, reliability, fairness, and results are the cornerstones of Capitol Management Corporation.
Free Quote...

Rental Ranking

  • What is it?
    • It measures a city's attractiveness for real estate investment.
      Higher Ranking = Higher Rental ROI Capacity.

2015 Q1 Rental Ranking Report

All Property Management released the latest US regionally ranked data.
View report >

About Rental Ranking >
How is this Calculated >
Baltimore Companies >

Top US Cities

View Full Report

The top five rental ROI cities per region

Northeast

  1. Washington, D.C.
  2. Boston, MA
  3. New York, NY
  4. Worcester, MA
  5. Bridgeport, CT

Baltimore, MD: Rental Property ROI Analysis

Q1 2015 Data Vacancy Rate Rent Variance Cap Rate Appreciation Job Growth Days on Market
Baltimore 9.20% -1.56% 7.15% 3.20% 1.66% 78
75 U.S. City Avg. 7.12% 2.71% 7.18% 5.65% 2.22% 70

Maryland's largest city and economic hub, Baltimore is known for its beautiful harbor, unique neighborhoods, excellent museums, and the world-famous Johns Hopkins Hospital and University of Maryland Medical Center. It's a bit early to tell what impact, if any, Baltimore's recent civic strife will have on its rental market, but unrest often creates opportunities for value-focused investors with ready access to cash and credit to swoop in and purchase solid properties at steep discounts. For example, in the wake the 2014 Ferguson, Missouri riots, housing prices fell by as much as 40 percent. If you can get anywhere near the old rental rates, that's a solid ROI boost.

As it happens, All Property Management found in its Q1 2015 Rental Ranking Report that Baltimore is 59th out of the 75 markets we track. But again, a bold investor with an eye for value should be able to do well in this troubled city.

Baltimore's best selling point for rental property investors is its solid cap rate of 7.15 percent, ranking it 36th in the country for that metric. Rents have been softening in Baltimore, down 1.56 percent in the year ending in Q1 2015. But if you can pick up some discounted property as the city recovers from its trauma, you can help revitalize its housing stock while getting a tidy ROI in the process.

What data is this Rental Ranking Report based on?

To calculate the statistics found in the Q1 2015 Rental Ranking Report, All Property Management gathered data, including the most recent government housing and jobs data, for 75 metros across the United States. Specifically, we looked at home vacancy, capitalization, home value appreciation and job growth rates, changes in rental prices, and the average number of days properties have been on the market to determine which U.S. metros will give investors the highest returns on rental investments. Click here to learn more about the Rental Ranking metrics.

Should I invest in Baltimore rental property?

If you believe in Baltimore, and you have the stomach to see out some price swings, now's the time to buy. Troubles like the kind Baltimore has recently experienced tend to spark panic selling, which should be catnip to savvy real estate investors with an eye for the long view.

Thinking about renting out a property in Baltimore? Save time, avoid hassle and maximize your rental income by having a professional property management company operate your rental property for you. Click here to get a free quote from a local property manager or call 877-780-4510 to have the All Property Management staff get quotes for you.

All Property Management specializes in connecting rental property owners with professional property managers in communities across the United States. These property managers help set rental rates, advertise properties, screen and manage tenants, collect rent, manage vendor relationships and ensure compliance with local, state and federal housing regulations. They take the hassle and worry out of managing rental properties - all while maximizing rental property owners' rental incomes.