Find property management in Baltimore, MD

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Review listings of top local property managers that fit your criteria
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Discuss your unique needs with the property managers
Specialty # of Agencies
Single House or Condo 12
Apartment Buildings 15
Home Owners Association 19
Total Local Companies 30

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

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

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...

6925 Oakland Mills Road , Suite A
Columbia, MD 21045

Managing: Single-Family : Multi-Family :
We handle all aspects of management creating a hassle free endeavor for our property owners.
Free Quote...

Top Multi-Family Managers

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...

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...

Baltimore City, MD 20201

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

Top Association Managers

4307 Gallatin Street
Hyattsville, MD 20781

Managing: Association :
Marrying technology with creative solutions to meet your challenges.
Free Quote...

204 Washington Avenue , Suite 102
La Plata, MD 20646

Managing: Association : Commercial
The Maredith team is dedicated to providing professional, innovative, and experienced management services to each of our...
Free Quote...

138 Industry Lane, Suite 1 ,
Forest Hills, MD 21050

Managing: Multi-Family : Association : Commercial
Managing your property is our business, enhancing your community is our passion
Free Quote...

Additional Baltimore, MD Property Management Companies

3706 Crondall Lane, Suite 105
Owings Mills, MD 21117

Managing: Association :
We have the experience and resources to handle any emergency.
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...

1052 Lido Drive
Annapolis, MD 21409

Managing: Single-Family : Multi-Family :
Using our services you can rest assured your valuable property is being cared for by a dedicated professional company.
Free Quote...

100 International Drive, 23rd floor
Baltimore, MD 21202

Managing: Single-Family : Multi-Family : Association :
Experienced. Reliable. Local.
Free Quote...

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

2627 East Monument Street
Baltimore, MD 21205

Managing: Single-Family :
We have a proven track record of creating and enhancing value of your investment.
Free Quote...

Managing: Single-Family : Multi-Family : Association :
Providing the most cutting-edge tools available to create a comprehensive and effective management plan tailored to meet o...
Free Quote...

14440 Cherry Lane Court , Ste 219
Laurel, MD 20707

Managing: Multi-Family : Association : Commercial
"Leave Your Community in Our Hands!"
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...

706 A East Gude Dr
Rockville, MD 20850

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

Rental Ranking

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

2014 Q2 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. Poughkeepsie, NY
  2. Hartford, CT
  3. Springfield, MA
  4. Syracuse, NY
  5. Baltimore, MD

Baltimore, MD: Rental Property ROI Analysis

2014 Q2 Data Vacancy Rate Rent Variance Cap Rate Appreciation Job Growth Days on Market
Baltimore 9.60% 0.06% 7.38% 7.40% 1.89% 75
75 US City Avg. 8.00% 0.57% 7.78% 5.00% 1.59% 73

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. Baltimore also holds the distinction of being No. 5 on Forbes' list of the best cities for tech jobs (2012) and for landing a spot on the list of best cities for singles.

 

This beautiful port city can also add being a top city in the Northeastern region for rental real estate investment to its list of achievements, as All Property Management Q2 2104 Rental Ranking Report placed Baltimore as the 5th BEST city for rental real estate investment, up five spots from last quarter.

 

What data is this based on?

To calculate the All Property Management Rental Ranking Report, we explore a number of different sources, including current government housing and jobs data, as well as housing appreciation forecasts for 75 cities across the United States. We look at specific factors such as home vacancy rates, capitalization rates, home value appreciation rates, annual job growth, change in rental rates, and average days a property stays on the market to determine which U.S. cities are poised to give investors the highest return on their rental investment.

 

Baltimore, Maryland, while offering mediocre capitalization and vacancy rates, has done quite well in home value appreciation over the last year. In fact, year-over-year data suggests that Baltimore's home value appreciation has increased 7.4 percent. This ranks Baltimore 7th among the 75 Metropolitan Statistical Areas that All Property Management evaluates for the Rental Ranking Report in terms of home value appreciation. Other positives for Baltimore include an increase in job growth over the past year of 1.76 percent, while it takes approximately 75 days for a property in Baltimore to sell.

 

What does a high-ranking mean?

Is owning a rental property in Baltimore profitable?
Quite simply, there has never been a better time to consider rental property investment in Baltimore and the surrounding areas. Exceptional home value appreciation rates, paired with an increase in job growth, suggests that investment in Baltimore rental real estate can pay off in the long run.

 

Thinking about renting out your Baltimore property? Seek the assistance of a local, qualified property manager and automate your rental profit. Get free quotes emailed to you from 5 competing Baltimore property management companies to compare rates and calculate the ROI. Or call 1-877-780-4510 to speak with a representative.

 

Our team at All Property Management specializes in connecting property owners with property agents in communities across the country. Expert property managers can assist with setting rental rates, advertising your property, screening and managing tenants, collecting rent, managing vendor relationships, and ensuring you are complying with local, state, and federal housing regulations, thus taking the hassle and worry out of managing your property. We look forward to working with you and welcome the opportunity to help you with all your property management needs.