2022 Mid-Year Baltimore County Multifamily Market Report
Overview
Low vacancies and elevated demand allowed for double-digit rent increases last year, and annual growth remains robust at 6.2% year-over-year
Vacancies in Baltimore County are currently hovering near 4%, and with construction levels at 15-year lows, rates should face minimal supply-side pressure in the near future
Investor interest has increased throughout Baltimore County in recent years, and transaction volume in the past 12 months totaled nearly $1 billion
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