2022 Q2 Baltimore Metro Single Family Rental Market Report

Overview

  • Demand for Single-Family Rentals (SFR) has increased in the past several years as home prices have skyrocketed and inventory remains scarce, leaving many with no options but renting

  • SFR rent growth in the Baltimore Metropolitan Area hit historic heights in the past 12 months, with rates increasing by 13% year-over-year

  • Many millennials have pushed off homeownership as rates have remained flat, and therefore could provide more demand for the SFR market in the coming years

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Harbor Stone Advisors