Baltimore, MD

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Baltimore short-term rental market based on reliable data.

Listings

1931 / 5069

Reliable / Active

Cap Rate

17%

Middle-Earners Gross Yield

Revenue

$31,309

Middle-Earners Revenue

Occupancy

59%

Middle-Earners Occupancy

Home Value

$187,545

Median Home Sale Price

Top Earners

$70,147

Top-Earners Revenue

Baltimore

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Baltimore.

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C

Challenging to Investors

Baltimore Regulations

Baltimore permits short-term rentals citywide but requires owner-occupied principal residences, individual deed ownership (not companies), and a cap of two licenses with only one secondary unit allowed. Compliance includes a $200 permit, platform registrations, a Maryland State Tax ID, safety inspections, recordkeeping, and a 30‑minute response standard—moderately burdensome and highly exclusionary for investors.

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About Baltimore

Overview of Baltimore, MD

Baltimore, Maryland, is a historic city located in the northeastern United States. Known for its rich heritage and vibrant cultural scene, Baltimore is the largest city in Maryland with a population of approximately 580,000 residents. It is situated about 40 miles (64 kilometers) northeast of Washington, D.C., making it accessible to the nation's capital.

Appeal for Short-Term Rentals

Baltimore's appeal for short-term rentals stems from its diverse attractions, historical landmarks, and bustling Inner Harbor. The city offers a variety of experiences for visitors, from exploring historic sites to enjoying modern entertainment options.

Key Landmarks

  1. Inner Harbor: The heart of Baltimore's tourism, the Inner Harbor is home to numerous attractions, including the National Aquarium National Aquarium, Maryland Science Center Maryland Science Center, and various shops and restaurants.

  2. Fort McHenry National Monument and Historic Shrine: This historic site is famous for its role in the War of 1812, where the defense of the fort inspired Francis Scott Key to write "The Star-Spangled Banner" Fort McHenry.

  3. Camden Yards: Sports enthusiasts will enjoy Oriole Park at Camden Yards, a retro-style baseball stadium home to the Baltimore Orioles Oriole Park at Camden Yards.

  4. The Walters Art Museum: This museum offers an extensive collection of art, ranging from ancient Egyptian artifacts to 19th-century European paintings The Walters Art Museum.

  5. Baltimore Museum of Art: Home to an impressive collection of 19th-century, modern, and contemporary art, including the largest holding of works by Henri Matisse Baltimore Museum of Art.

  6. Fells Point: A historic waterfront neighborhood known for its cobblestone streets, nightlife, and maritime history Fells Point.

With its captivating history, lively cultural scene, and close proximity to Washington, D.C., Baltimore presents a compelling case for those seeking short-term rental options. Whether visiting for business, leisure, or a mix of both, Baltimore offers something for everyone, making it a prime location for short-term stays.

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